South Africa seeks $15 bln by 2022 for new energy production
South Africa’s ageing electricity transmission grid needs investment of $15 billion by 2022 to develop new energy production, an executive at German state development bank […]
South Africa
U.S. allocates additional $300 Mln to fight HIV in Africa
The Obama administration is allocating an additional $300m to the effort to reduce HIV infection among girls and young women in 10 sub-Saharan African countries. […]
Tanzania: U.S to grant $472.8 mln aid if gov’t makes anti-graft effort
The United States promised to grant $472.8 million financial aid package to Tanzania next year, if the government does more to fight corruption. “Despite some […]
South Africa: US warns of possible extremist attacks against its facilities
The United States warned its citizens on Tuesday of a possible attack by “extremists” against U.S. facilities or interests in South Africa. “The U.S. Diplomatic […]
Smile Telecom to expand African wireless with $365 mln
Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in Nigeria, Tanzania and Uganda, has raised $365 million in debt […]
Tanzania: new talks for $800 Mln loan to strengthen currency
The Tanzanian Minister of Finance said on Wednesday that his country will resume discussions for the $800 million loan from international lenders after abandoning an […]
Nestlé to use only sustainably sourced cocoa from the Q1 2016
Nestlé plans to source only sustainable cocoa for its global KitKat brand in order to strengthen consumer trust. All KitKat bars will be made with […]
Swaziland: Crash en route to royal ceremony kills dozen – Official
Swaziland’s police spokesperson Inspector Phindile Vilakati has confirmed on Sunday that 11 young women and two men died in a road accident at the weekend […]
South Africa’ Zuma asked mining and steel companies to limit job cuts
South Africa President Jacob Zuma has asked mining and steel companies to limit job cuts as falling commodity prices put profits at risk. “We urge […]
South Africa: MTN H1 profit declines by 11%
MTN Group Ltd., Africa’s largest wireless operator, on Wednesday reported a decline in revenue both locally, and at the group level, for the first six […]