South Africa to leave International Criminal Court
South Africa plans to leave the international criminal court (ICC,) the nation’s ruling party said as the government faces criticism for ignoring a court order […]
South Africa
Zimbabwe: Gov’t asks big mines to cut down power by 25%
Zimbabwe’s government has asked Impala Platinum Holdings Ltd., Anglo American Platinum Ltd. and other mining companies to reduce power usage by 25 percent amid a […]
Ghana: Gov’t launches $1 billion Eurobond
Ghana launched a $1 billion Eurobond on Wednesday at a 10.75 percent coupon rate, Finance Minister Seth Terkper said in a statement. “The bond is […]
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 […]
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 […]