Staff, 1:00 pm
From Star Africa Qalaa Holdings, an African leader in infrastructure and industry, will sponsor the Egyptian-Kenyan Business Forum, set to take place in Kenya on 13 January 2015. According to a statement issued, the forum will be held in conjunction with the sixth round of the Kenyan-Egyptian Joint Committee Conference, which will see the participation […]
Staff, 11:00 am
From International Business Times/Written by Maria Vultaggio Oscar-winner Ben Affleck might play a superhero on the silver screen, but some consider him to be a superhero in real life, too. The “Gone Girl” star accepted the People’s Choice Award for Favorite Humanitarian after he founded the Eastern Congo Initiative (ECI) in 2010 to help enhance […]
Staff, 10:00 am
From allAfrica The National Reconstruction process of Angola, the relations with Brazil and the geopolitical position of the country topped on Thursday in Rio de Janeiro the discussion in a lecture chaired by the Angolan ambassador Brazil, Nelson Cosme. The Angolan diplomat, who was speaking to an audience of hundred Angolan students and diplomats, said […]
Staff, 9:00 am
From Hattiesburg American Representatives from the Mississippi Development Authority will lead a delegation of Mississippi companies on a business development mission to South Africa from March 23-27. The trip is designed to connect Mississippi businesses that want to expand trade and create new business relationships with qualified buyers in the country. It will include stops […]
Staff, 6:11 pm
Military officials in Burundi this week said soldiers killed nearly 100 alleged rebel combatants during five days of fighting near the border with the Democratic Republic of Congo. Nine of the fighters blamed for the violence that started northwest of the capital, Bujumbura, were arrested. Officials have yet to say whether they were rebels from the FNL movement, which operates in the region, or another group altogether
Staff, 12:48 pm
Old Mutual PLC Friday said it is buying a 23.3% stake in Kenya-based UAP Holdings Ltd, an East and Central African financial services company, for KES8.88 billion, or about USD97.6 million, part of its strategy to expand in Africa. The acquisition comes as the FTSE 100 investment, savings, insurance and banking group looks to grow customer numbers in Africa, excluding South Africa, to 10 million by the end of the decade.
Staff, 11:26 am
Two visiting African Presidents to Liberia, Mr. Thomas Yayi Boni of Benin and Niger’s Mahamadou Issoufou are calling for cancellation of debts of worse affected Ebola countries, including Liberia, Guinea and Sierra Leone. In separate remarks recently, President Yayi Boni, who is also former President of the West African Development Bank
Staff, 9:24 am
Two new concentrating solar power (CSP) plants have been announced by the Department of Energy, to be built in the Northern Cape. Kathu Solar Park and Redstone Solar Thermal Power, which will both build 100MW capacity, were the preferred bidders in the third round of the government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP)
Staff, 7:42 am
The Johannesburg Stock Exchange (JSE) is forecasting that share sales on Africa’s largest bourse in early 2015 will keep pace with the nine-year high set last year. Equity sold on the JSE jumped 58 percent last year to 147 billion rand ($12.7 billion), the most since at least 2005, according to data provided by the JSE. The bourse had 23 companies list their securities last year, eight of which were real-estate businesses, the data show.
Staff, 7:20 am
Seleka rebels in the Central Africa Republic (CAR) say they should get a reward for capturing a Ugandan militia leader wanted for war crimes. Dominic Ongwen, a senior commander in the rebel Lord’s Resistance Army (LRA), was taken into US custody this week. The US had offered up to $5m (£3.3m) as a reward for information leading to his arrest, transfer or conviction.