Chevron to carry out offshore drilling for oil in Morocco
US oil company Chevron will carry out exploration drillings for oil in Morocco’s offshore under petroleum agreements signed with the Office National Des Hydrocarbures Et […]
Africa
New WB Report Warns on Risks of Earth Warming
A new World Bank-commissioned report has warned that the Earth will incur serious risks by the end of the century if the global community fails […]
Michelle Obama’s speech: forgotten Africa?
All those expecting that the first lady would tackle issues of development and Africa were kind of disappointed at the end of her speech at […]
Mozambique: Anti-retrovirus drugs factory starts activity
An anti-retrovirus medication factory started activity in Mozambique over the weekend. The plant, the first of its kind to be built in Africa, will initially […]
China offers new $20 billion worth loans to Africa
China announced on Wednesday that it would offer Africa new loans worth $20 billion over the next three years to support infrastructure, the manufacturing industry […]
Bill Clinton tours Africa
Former United States President, Bill Clinton, is currently on an African tour that is leading him to South Africa, Mozambique, Rwanda, and Uganda where he […]
Gabon, best environmentally sustainable country in Africa
Gabon has been ranked as the best environmentally sustainable nation in Africa by the 2012 Environmental Performance Index, published by the US Yale University. At […]
Africa: OPEC Fund to finance socio-economic development projects
The OPEC Fund for International Development (OFID) will extend 13 loans and grants totaling about US$66 million to 34 partner countries, many of them in […]
Solar-powered systems, the magical solution to enlighten Africa
Millions of Africans are still off the electricity grid despite the efforts made by governments, international financial organizations and NGOs because of the high costs […]
UN report: Africa can become a global growth pole
The United Nations Organization has called African countries to pursue structural transformation to sustain growth, create jobs and reduce vulnerability to external shocks, asserting that […]