Turkish Power Ship to Supply Electricity to Zambia
Zambian officials welcomed a Turkish power ship which is expected to generate some 100 megawatts of electricity to meet the country’s energy needs. The ship, […]
Business
Nigeria: NCC Confirms Payment of $250mln by MTN
The Nigerian Communications Commission (NCC) on Monday said South African cellphone operator MTN has paid $250 million as part of the $3.9 billion fine imposed […]
Kenya: Multi-Billion Wind Power Project Suspended
Construction of a $144 million wind farm in Kenya has been frozen after running into strong headwinds tied to land acquisition. The proposed 61 megawatt […]
MTN Cameroon Reinvests 53% of Annual Turnover
According to an official statement issued at the end of its latest board meeting, the local subsidiary of the South African operator, Mobile Telecommunications Network […]
Kenya: Ports officials sacked amid corruption crackdown
Top management officials in charge of security and revenue collection at the port of Mombasa were Monday sent packing as President Uhuru Kenyatta moved to […]
Ivory Coast: Puma Energy takes over national Petroci distribution network
The Ivorian government has decided to leave assets of the national oil company Petroci to multinational oil company Puma Energy which will take over the […]
Zambia to upgrade national grid by 1,500 MW
Zambia’s Mining Minister Christopher Yaluma on Wednesday said the government will add 1,500 megawatts to its power grid by 2020 to ease power shortages that […]
Nigeria: Gov’t urges MTN to drop lawsuit
Nigerian telecommunications minister, Adebayo Shittu, on Tuesday, told the South African mobile phone operator MTN to drop its legal action over a $3.9 billion fine […]
Qatar Airways to start direct Maputo-Doha flights
Qatar Airways operated direct flights between Mozambique’s capital city Maputo and Doha, the capital city of Qatar, will start from March this year. The information […]
Nigeria plans up to $5bn Eurobond in 2016
Nigerian Federal Government plans to borrow up to $5 billion in 2016, from multiple sources, including the Eurobond market, to plug its deficit as the […]