South Africa to partner Gazprombank for gas plant despite sanctions against Russia
Just under two years after the outbreak of war in Ukraine, South Africa continues to nurture its ties with Russia, particularly on the economic front. […]
Business
Zimbabwe: significant natural gas deposits found in north leave citizens unimpressed
Energy companies claim to have discovered natural gas in northern Zimbabwe, with the country’s government expressing hope that the discovery, if it can be exploited, […]
Mozambican ruby auctions have brought in 974 million euros in nine years
Mining company Gemfields announced on Thursday December 7 that auctions of precious stones, particularly rubies, mined in Montepuez, northern Mozambique, have already generated a total […]
Cape Verde will organize Youth Investment Summit in 2024
Cape Verde will organize an investment summit next year, focusing on young people, in partnership with Portugal, Luxembourg, the World Bank, the African Development Bank, […]
Morocco’s King, UAE President Sign Declaration on Innovative, Renewed, Consolidated Partnership
Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates and visiting King Mohammed VI of Morocco signed on Monday in Abu Dhabi, […]
Air passenger traffic up 10% in Cape Verde
Passenger traffic at Cape Verde’s airports and aerodromes increased by 10% in the third quarter of this year compared to the same period in 2022, […]
Enapor invests One million Euros to refurbish Port of Praia’s cabotage quay
Cape Verde’s port management company (Enapor) will invest 937,000 euros to refurbish the cabotage quay at the Port of Praia, and the work is expected […]
UK’s SDX Energy divests from Egypt to focus on Morocco portfolios
The London-based energy company SDX said it will divest its Egyptian assets to focus on diversifying its energy portfolio in Morocco, where it already operates […]
Angola inaugurated the country’s largest diamond project
Angolan President João Lourenço, on Monday November 27, inaugurated the country’s largest diamond project, the Luele (Luaxe) mine, which is due to start operating later […]
Oxford consultant improves Mozambique’s growth forecast this year to 5.1%
Analysts believe that the Coral South FLNG project could significantly increase gas production in Mozambique this year. Oxford Economics Africa this Sunday November 26 revised […]