Dangote signs 20yr deal with TPDC for supply of gas to its Tanzanian plant
23/08/2018Tanzania Petroleum Development Corporation (TPDC) and Dangote Cement yesterday signed a 20-year deal that will see the cement maker produce electricity for.
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Business & Economy
Crude oil transportation from Turkana to Mombasa begins after stand-off
23/08/2018Transportation of crude oil from Turkana to Mombasa resumed on Thursday after nearly fifty days of stand-off between a local community and.
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Business & Economy
Tanzania: Unilever Invests Over 100 Bn/ – in Tanzania in Four Years
23/08/2018THE Unilever Tea Tanzania (UTT) has invested a total of 100 bn/- in various projects for the development of the country’s tea.
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Business & Economy
African Rainbow Minerals expects 13% profit increase
23/08/2018Listed diversified mining group African Rainbow Minerals (ARM) expects headline earnings per share for the financial year to September to increase by.
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Africa
Business & Economy
Kenya to sign $3.8b SGR deal next month
23/08/2018Kenya is expected to sign a Ksh380 billion ($3.8 billion) contract for the second phase of the Standard Gauge Railway (SGR) in.
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Business & Economy
The Central Bank of Nigeria asks banks to submit bids for second Chinese yuan auction
23/08/2018The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line with the regulator’s determination.
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Business & Economy
Another African country, Angola kicks off oil sector reforms as Nigeria dithers
23/08/2018Unlike Nigeria’s Muhammadu Buhari, Angola’s President João Lourenço has commenced oil reforms in its state-owned Sonangol with the aim of boosting production.
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Business & Economy
Ghana: Six Banks Jostle for Getfund’s Ghc2.3 Billion Loan
23/08/2018One consortium and five investment and universal banks have been shortlisted as likely arrangers of a GH¢2.3 billion loan for the Ghana.
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Business & Economy
Iran, Kenya bilateral trade can increase to $500mn
22/08/2018Iranian ambassador to African country of Kenya Hadi Farajvand told Mehr News Agency correspondent that the black continent has become a ground.
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Business & Economy
FTI Consulting expands offering in South Africa
22/08/2018Global business advisory firm FTI Consulting, Inc. has announced the continued expansion of the firm’s service offering in South Africa with the.
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