South Africa could follow Burundi out of AGOA trade pact
United States President Barack Obama has officially notified the South African government and the US Congress on Thursday that he intends to suspend the duty-free […]
South Africa
Nigeria: South Africa’s MTN renews operating license for $94.2 m
MTN Group Ltd., the South African mobile-network operator, which is facing a $5.2 billion fine on Tuesday said the Nigerian regulator has renewed its operating […]
South Africa: Gov’t to reduce water supply to municipalities
South Africa’s authorities said they will reduce water supply to municipalities if the high demand continues as the country battles its worst drought in 23 […]
South Africa: Zuma to meet students protesting varsity tuition-fee hikes
South Africa’s President Jacob Zuma said on Thursday that he would meet with protesting students in his first official reaction to a week of heated […]
Kenya: Google to buy Africa’s largest wind farm
Google Inc. has agreed to buy a 12.5% stake in Africa’s largest wind project, Kenya’s Lake Turkana, from Danish wind turbine manufacturer Vestas Wind Systems […]
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 […]
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. […]