CONSTRUCTION of a $2bn gas processing plant, with the capacity to process 400 million cubic feet of natural gas per day, is set to commence at the end of the year, in the municipality of Soyo in Angola’s Zaire province. The project…
SUB-SAHARAN Africa will need hundreds of billions of dollars and reforms that bring change for a resilient recovery from the damage wrought by the coronavirus pandemic, according to the International Monetary Fund (IMF). Support from the international community that includes…
WALL Street is the historic headquarters of some of the largest US brokerages and investment banks, however, as Africans, we can recreate this and build our own ‘Wall Street’ on the African continent, writes John Lombela. Africa is at a…
THE Bill Melinda Gates Foundation today launched its fourth annual Goalkeepers Report, featuring new data showing how the ripple effects of Covid-19 have stopped 20 years of progress toward the The report provides the most contemporary global data set for…
PARTICIPANTS at a webinar to present the African Development Bank’s (AfDB) African Economic Outlook Supplement to Asian audiences on Monday have endorsed the report as critical for post-Covid-19 Africa. The supplement revises the growth projections and outlook for Africa for 2020…
ANGOLA’S attorney general has seized buildings and hotels belonging to AAA, a company associated with Carlos Manuel de São Vicente whose $900 million fortune has been frozen by Swiss authorities. De São Vicente was a key figure in Angola’s oil…
MONTHLY cryptocurrency transfers to and from Africa under $10,000 soared more than 56 percent from a year ago to reach $316 million in June, according to new research by US crypto analytics firm Chainalysis. Altogether, $8bn worth of crypto was…
BRAND South Africa hosted an Africa nexus research reference group webinar with key objectives to determine insights and perspectives on how the African Continental Free Trade (AcFTA) could enable economic recovery and development in the context of the impact of…
FOLLOWING a meeting convened by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) and hosted by the Afreximbank, a communiqué addressed to members of the WTO and the eight candidates who have been shortlisted as the institution’s next Director-General…
FREEPRESS – Oando Plc has obtained an ex-parte order from the Federal High Court (FHC) restraining the Nigerian Stock Exchange (NSE) from implementing a technical suspension of its shares. The company’s Head, Corporate Affairs, Mrs Alero Balogun, said on Tuesday that…
