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South Africa

South Africa: BMW to invest $417 mln for new model

November 17, 2015 Steven Addamah 0

BMW AG plans to invest more than $417 million in its South African plant to manufacture its new X3 sport-utility model, the German company said […]

South Africa to import 650 MW less power from Mozambique

November 16, 2015 Steven Addamah 0

South Africa’s state-run electricity provider, Eskom, said on Monday it will import 650 megawatt less power from Mozambique for a week due to planned maintenance […]

Burundi-Violence: Obama worried, UN could send peacekeepers

November 12, 2015 Geraldine Boechat 0

U.S. President Barack Obama, in a phone call with South Africa’s President on Wednesday, expressed “deep concern” about the situation in Burundi and urged regional […]

South Africa: New Nissan pickup by 2018 to meet African demand

November 11, 2015 Geraldine Boechat 0

Nissan Motor plans to build a new model of pickup at its South African plant starting in 2018 to meet the growing demand of new […]

South Africa could follow Burundi out of AGOA trade pact

November 6, 2015 Steven Addamah 0

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 […]

Nigeria: South Africa’s MTN renews operating license for $94.2 m

November 3, 2015 Geraldine Boechat 0

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

November 2, 2015 Khalid Al Mouahidi 0

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

October 22, 2015 Steven Addamah 0

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

October 21, 2015 Steven Addamah 0

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

October 12, 2015 Geraldine Boechat 0

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 […]

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News

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  • Nigeria considers crude supply reforms to support Dangote, other refiners
  • Guinea set to secure $425m IMF financing package
  • Ethiopia targets $13.4bn in export earnings for 2026/27
  • WHO warns DRC Ebola outbreak could surpass West Africa epidemic
  • Namibia keeps benchmark interest rate at 6.75% amid economic pressures
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