Transcorp Boosts Obama Power Africa Initiative With $300m Plant Acquisition

President Barack Obama’s $7 billion US-backed Power Africa initiative has received a major boost with the announcement of the complete payment for.

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General Electric (GE) Upbeat On Africa’s Economic Prospects

The global power utility, General Electric (GE), on Monday said it was happy to do business in Africa, particularly East Africa, as.

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African Investment & Development Awards 2013, New York

The African Investment and Development Forum & Awards would hold on 25 September 2013, at the 5 star St Regis Hotel, New York USA, on the margins.

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Lagos-based Internet group, SPARK Raises $2m For Nigerian Internet Startups

Lagos-based Internet group, SPARK has raised a $2 million investment from a syndicate of 17 international investors, based on a $10 million valuation for.

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International Acquisition Of Local Firms Profit Kenyan Entrepreneurs

Recent acquisition of Kenyan companies by foreign multinationals will provide multi-billion-dollar windfalls for local entrepreneurs, experts reveal. Findings suggests that several billionaire.

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Africa’s oldest ruler, Mugabe sworn in as Zimbabwean president

Veteran leader Robert Mugabe was sworn in as Zimbabwe’s president for another five-year term before a stadium packed with thousands of jubilant.

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Facebook wants more Africans online

An initiative to bring internet access to the “next five billion” people has been launched by Facebook founder Mark Zuckerberg. The social.

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Egypt court orders former president Hosni Mubarak released on bail

An Egyptian court has ordered the release on bail of former President Hosni Mubarak in a corruption case. Reports suggest he may.

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Mandela social network aims to spread Madiba inspiration

Nelson Mandela has countless streets named after him, his own foundation, his own fan page and now his own social network. The.

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Central Africa Coup Leader Sworn In As President

Former rebel leader Michel Djotodia was sworn in as president of the Central African Republic on Sunday, five months after seizing power.

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