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Nigeria Energy Crisis: Only 5 of 23 Power Plants are Functional

May 28, 2015 Khalid Al Mouahidi 0

Nigeria’s energy crisis deteriorated Monday, as the Nigerian Electricity Regulatory Commission (NERC), the government agency responsible for regulating operations in the electricity sector, reported that […]

Algeria’s energy efficiency program will generate $42 Billion profit

May 28, 2015 Khalid Al Mouahidi 0

Algeria’s energy efficiency development program will help the country make a $ 42 billion profit by 2030. A statement released by the latest Council of […]

Ghana: the government expects 8 to 9% growth by 2017

May 28, 2015 Khalid Al Mouahidi 0

Ghana’s economic growth is expected to rise 3.9% this year to about 8 to 9% in 2017, announced the Ghanaian Finance Minister Seth Terkper, early […]

Equity Bank to open office in DR Congo

May 27, 2015 Steven Addamah 0

Leading kenyan commercial bank, Equity Bank plans to expand to Congo. The Bank’s banking group has announced that it would soon open office in DR […]

IFC and Ecobank to supports SMEs in Africa

May 27, 2015 Steven Addamah 0

IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and a leading pan-African full-service banking group, […]

Johann Rupert-backed Fund raises $ 345 Mln for Africa

May 27, 2015 Geraldine Boechat 0

Pembani Remgro Infrastructure Fund, founded by two of South Africa’s richest men, has raised $345 million to invest in electricity generation, transport and logistics in […]

Senegal: Google opens Creativ Lab in Dakar for YouTube content creators

May 27, 2015 Steven Addamah 0

Innovation is playing an increasingly important role in Africa’s ICT sector. One key area is the creation of ICT products, labs and networks. In this […]

E.U. allocates € 34 million food aid to six African countries

May 27, 2015 Steven Addamah 0

The European Union has announced providing assistance worth €34 million for immediate food aid for the most vulnerable people in Mauritania, Senegal, Gambia, Mali, Niger […]

Kenya’s Barclays reports 10% pretax growth in Q1 2015

May 27, 2015 Geraldine Boechat 0

The Kenyan subsidiary of Barclays Bank Group announced that its pretax profit for the first quarter rose 10 percent to 3.12 billion Kenyan shillings ($32 […]

Iran accuses U.S. of leaving Iraqis alone with their plight against ISIS

May 26, 2015 Steven Addamah 0

Iranian Senior military adviser who helps militias fight the Islamic State in Iraq and chief of a unit in Iran’s Revolutionary Guard, Gen. Qassem Soleimani, […]

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News

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  • Landslide at Rebel-Controlled Coltan Mines in Eastern Congo Kills at Least 200
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