According to a report released in 2018 by the National Credit Regulator, of the 25 million ‘credit-active’ consumers in South Africa, a frightening 10 million were behind in their loan…
Joe Ghartey, Ghana’s minister of railways development, says he has cancelled the MoU with the China Railway Construction Corporation Corporation (International) Nigeria Limited (CRCC-Nigeria) “for breach of confidentiality”. Ghana had…
As Angola works in attracting foreign investors from the Americas, Europe, the Middle East and Asia, its closest African neighbours are also entering the race to tap into vast investment…
Chinese firms are eyeing partnerships with Turkish construction firms in Africa and are also looking to take stakes in Turkish companies, the head of the Turkish Contractors Association said. Mithat…
Minister of Transportation, Rotimi Amaechi, has said that about $45 billion is needed to complete rail development in the country. Amaechi, made this disclosure on Tuesday in Abuja, while also…
The Minister of Transportation, Mr Rotimi Amaechi, said the federal government has approved the construction for Warri seaport at the cost of about 3.9 billion dollars and also awarded the…
South Sudan’s oil minister said on Monday that the country’s oil was flowing smoothly and problems with importing chemicals for drilling, due to a strike at a port in neighbouring…
Large amounts of gold leave Africa to United Arab Emirates enroute to Europe with no taxes being paid to the states that produce them BILLIONS of dollars’ worth of gold…
The Zimbabwean Government on Tuesday paid tribute to Chinese companies that are assisting in rehabilitating infrastructure that was damaged by Cyclone Idai in the Eastern part of the country in…
The Nigeria Federal Ministry of Power, Works and Housing, on Sunday said that the Third Mainland Bridge in Lagos was safe for use, contrary to a Facebook posting spreading fears…
Martial eagles are in rapid decline throughout South Africa and many other parts of their range in sub-Saharan Africa. These declines have been so steep, that this species is now…
The Zimbabwean government has brought back the Chinese to the Chiadzwa diamond fields, three years after former President Robert Mugabe drove them out on allegations of looting. Chinese-owned Anjin was…
Nigerian Minister of Transportation, Rotimi Amaechi, has said the plan by the Nigerian government to connect major cities with rail way may be far from being a reality. He said…
Oil prices rose on Friday amid the ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. …