Tuesday, September 22, 2015
Nigeria's oil firm NNPC said Sunday it had signed a deal with a consortium of local and foreign lenders to develop 36 oil wells that would also boost domestic power generation in Africa's largest crude producer.
Monday, September 14, 2015
As mining companies in resource-rich Africa bleed jobs due to plunging commodity prices, the ripple effect of redundancies has raised concern about social unrest amid declining economic growth.
Tuesday, September 8, 2015
Young people don't have many places to socialize in conservative Algeria. But now the North African's country's youth are discovering something their counterparts in the West embraced a generation ago: the shopping mall.
Wednesday, September 2, 2015
Natural gas power generation should be prioritized to help tackle South Africa's dire energy crisis that has hobbled growth and led to rolling black-outs, said a report released Tuesday.
Friday, August 28, 2015
Nigeria's Dangote Cement has announced a US$4.34 billion deal with Chinese construction company Sinoma International Engineering to build plants across Africa.
Monday, August 10, 2015
The Financial Supervisory Commission (FSC, 金管會) said Friday that the FSC has received 11 applications to secure a license to kick off their third party payment processing services.
Saturday, August 8, 2015
President Abdel-Fattah el-Sissi unveiled an expanded Suez Canal Thursday in a lavish ceremony, with the first ships passing through the waterway in what Egypt hopes will boost its economy and global standing.
Thursday, July 23, 2015
Yahoo is still limping along as the Internet company prepares to shed the financial crutch that has been propping up its stock during the three-year reign of CEO Marissa Mayer.
Monday, July 13, 2015
The cries of street vendors have become the soundtrack to Zimbabwe's collapsing economy as increasing numbers of the unemployed try to eke out a living, leaving shopkeepers -- and the taxman -- poorer.
Wednesday, July 8, 2015
Internet taxi firm Uber said Monday it was providing security for its drivers in South Africa after verbal threats from other taxi operators in the latest outbreak of friction to hit the fast-growing company.