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
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. […]
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 […]