NIGERIA - Nigeria is now on the path to consolidating the previous reform efforts aimed at providing a transparent and workable regulatory and policy environment for private sector led mining that is attractive to local and international investors.
NIGERIA - The record of capital importation into Nigeria dropped by $2.05 billion between June 2015 and 2016, an analysis of Capital Importation Report has shown.
RWANDA - At exactly 1:45 pm local time last Friday, RwandAir’s CRJ Bombardier Q 900 Next generation took to the skies as the airline launched its maiden flight to Cotonou, Benin.
ZAMBIA - In an effort to boost the real estate sector, Zambia is this month expected to host the ZamReal Property Forum, which will focus on issues of development and investment in the local industry.
ZIMBABWE - Zimbabwe's largest platinum producer, Zimplats, said it has reduced its expenditure on capital projects in the country due to deteriorating economic conditions compounded by a biting liquidity and cash crisis.
UGANDA - Courier service provider DHL has commissioned a Sh9b facility to support the increasing trade volumes in the country.
SOUTH AFRICA - There was no shareholder on earth willing to pump in billions of rand to upgrade ageing oil refineries in exchange for no return on investment, South African Petroleum Industry Association (Sapia) chairman Maurice Radebe has warned.
KENYA - President Uhuru Kenyatta is set to commission the first phase of Mombasa Port’s second container terminal on Saturday just days after Japan committed to disburse Sh27 billion for phase two.
NIGERIA - The National Bureau of Statistics (NBS), says the nation’s Gross Domestic Product (GDP) declined by -2.06 per cent (year-on-year) in the second quarter of 2016.