Tuesday, July 9, 2013
Nigeria has repaid US$1.4 billion in mostly overdue debts to fuel traders after raising the money via an oil prepayment loan from international lenders, successfully concluding some of the most painful and lengthy debt talks in its history.
Saturday, July 6, 2013
An ambitious plan by Kenya's government to give laptops to schoolchildren has been opposed by parents who say the money for the computers should instead go toward raising teachers' salaries and feeding children.
Friday, July 5, 2013
With a 3D printer, a petri dish and some cells from a cow, U.S. researchers are growing synthetic ears that can receive — and transmit — sound.
Monday, July 1, 2013
On two islands surrounded by deep turquoise water, the blades of eight wind turbines spin, providing a rare source of green energy for the port of Victoria, the Seychelles capital.
Thursday, June 27, 2013
Uganda has agreed to a plan to build a pipeline from its oilfields to a new port being developed on Kenya's northern coast, Uganda's foreign minister said on Tuesday, enabling crude exports and boosting its oil industry.
Tuesday, June 25, 2013
Ahead of SunRise Airline's shareholder meeting scheduled for this week, an individual has accused the company's chairman of several infractions, including embezzlement, misappropriation of company funds, and falsifying financial statements.
Monday, June 24, 2013
African palm oil producers are hitting back at what they say is a “smear campaign” against them by environmentalists and health activists that risks ruining their industry.
When Tadiwos Belete moved to Ethiopia from the United States a decade ago to open a luxury spa, his relatives thought he was crazy.
Tuesday, May 7, 2013
South Africa's embattled state airline has borrowed about US$170 million to cover operating costs amid crippling financial trouble, a spokesman said on Monday.
Thursday, April 11, 2013
Fast growing Africa could be a dominant force in the world's economic landscape for decades to come if the continent gets its act together, top Goldman Sachs economist Jim O'Neill said Tuesday.