Total, ExxonMobil mulls re-negotiation on 2015 Mozambique LNG project deal
Both companies signed the deal to use resources from the basins that...
Africa
African banks suffer due to a surge in bad loans provision
KCB’s net profit slumped 43 percent to $109 million in the first...
Dubai-based startup Distichain plans to foray into Australia and the US
The platform in the US is expected to be launched in partnership...
South Africa’s Pick n Pay launches MVNO service called PnP Mobile
The customers will be rewarded with 250 MB to 2.5 GB of...
Covid-19 sees bike hailing startup SafeBoda quit Kenya
The startup, which entered Kenya in 2018 will cease operations on November...
Libya exceeds oil output by 1.2 million barrels per day
The oil production surged from below 100,000 bpd during the blockade to...
Elsewedy Electric to establish new Toshka 4 power station
Elsewedy Electric has signed contracts worth EGP 3 billion this year...
Nedbank fosters Namibia’s economic recovery
The country’s manufacturing sector contracted 30.8 percent in the second quarter...
South African stock market surges for the first time since March
The country’s stock market went frenzy with stocks and rand posting big...
Nigeria’s Transcorp acquires state-owned Afam Power and Afam Three Fast Power
Transcorp has recovered almost its full capacity since it took over Ughelli...