Kenya to strengthen trade relations with Russia
Kenya will strengthen its trade relations with Russia, the Nairobi authorities announced on Monday during a surprise visit by Russian Foreign Minister Sergei Lavrov. The […]
Business
Cape Verdean government seeks strategic partnership with Angola
The Deputy Prime Minister of Cape Verde, Olavo Correia, defended Thursday the development of a “strategic partnership” with Angola, in order to boost economic relations […]
Mozambique Electricity has already invested 1.7 ME after Cyclone Freddy
Electricity of Mozambique (EDM) has already invested 120 million meticals (1.7 million euros) to restore the electricity grid in the center of the country, after […]
Guinea-Bissau and Italian oil company Eni sign agreement to boost hydrocarbon exploration
Guinea-Bissau and Italian oil company Eni will start a collaboration in the areas of exploration, natural climate solutions, agriculture, sustainability and health, the transalpine company […]
Port traffic in Cape Verde grew more than 12% in April
The Cape Verdean ports handled 111,598 passengers in inter-island maritime transport in April, a new monthly increase of 12.6% compared to the same month in […]
Mali’s top Court upholds Appeal Court decision fining Moov Africa Malitel, Orange-Mali
Mali’s Supreme Court has confirmed a final decision demanding Moov Africa Malitel and Orange-Mali, two telecom companies, to pay up to $195 million to the […]
China wants to continue financing Angola and highlights 25% increase in trade
The Chinese ambassador to Angola said on Monday that China was available to continue financing infrastructure and investing in the African country, also noting the […]
US court settlement confirms bribes in Angola’s oil sector
Dutch company Frank’s International will have to pay the US Treasury US$7.9 million (7.26 million euros) for participating in bribes in Angola between 2008 and […]
Kenmare Mining Company delivered 15,6 ME to the Mozambican Government
The Kenmare Company that exploits heavy sands in northern Mozambique has handed over $17.1 million (€15.6 million) to the government in contractual tributes during the […]
Angola’s Etu Energias wants to produce 50,000 barrels of oil per day by 2025
Etu Energias, Angola’s largest private oil company, plans to increase production to 50,000 barrels per day by 2025, following the purchase of blocks from Galp […]