Africa is the Future of Global Trade – Aliko Dangote

The Nigerian business mogul and Africa’s richest man, Alhaji Aliko Dangote, has been named co-chair of…

South Africa: Eskom to Shut down Nuclear Power Plant Unit

South Africa’s Eskom on Sunday said the Unit 1 of its power plant, known as Koeberg…

China Donates Zimbabwe over 5,500 Tons of Rice

Chinese government has donated Zimbabwe 5,500 tons of rice to help alleviate hunger after a drought…

Nigeria Inks 550MW Power Purchase Agreement

The federal government of Nigeria this weekend signed a power purchasing agreement (PPA) with Kingline, a…

EU Renews Sanctions on Burundi until Oct. 2017

4:19 pm | The European Union (EU) has renewed its restrictive sanctions against Burundi until the end of October 2017, the bloc’s council said in a statement on Tuesday. According to the council, the latest sanctions “consist of a…

Swaziland: 98,000 Virgins Participate in Annual Reed Dance Festival

1:59 pm | Over 98,000 young Swazi maidens have registered to participate in the annual traditional chastity rite called Umhlanga or Reed Dance ceremony, officials said after their arrival on Tuesday from the four regions of the southern African…

Five African Economies Defy Crisis

3:19 pm | By Emmanuel Vitus Agbenonwossi Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly in the second quarter of 2016. Like most of Africa, Nigeria, Gabon, Equatorial Guinea…

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