Friday, January 17, 2020

Tag: African Development

BRICS Nations to Operate Own Development Bank...

JOHANNESBURG (AFP) -- The emerging market BRICS nations will have their own development bank by the end of the year, the South African finance ministry said Friday. "The...

Ethiopian Minister Implores Africa to ‘Finance Its...

Addis Ababa — Africa has been urged at high-level talks in Addis Ababa to mobilize its own resources to achieve its development goals. “There’s a...

Ethiopia Set to Become Africa’s Water Powerhouse...

It's called the Grand Renaissance Dam— and the clue is in the name. With some 8,500 laborers working around the clock on its construction, the...

US Officials Sign New Deal In Hopes...

U.S. trade officials inked an agreement on Thursday aimed at increasing trade and investment with five East African nations while boosting the economic relationship...

Robert Mugabe Emphasizes The Need For Africa...

President Robert Mugabe, as the AU Chairman, implored all Africans to utilize African resources in financing African operations. His call for Africa to be...

African Billionaires Join Together To Launch African...

Speaking at a high profile panel on energy at the 2015 annual meeting for the World Economic Forum in Davos, Switzerland, Nigerian billionaire and...

Kenya and South Sudan In Plans To...

Kenya and South Sudan have signed an agreement that will see the two countries connected by fibre optic cable. South Sudan’s ICT minister Rebecca Joshua...

Mozambique Has The Highest Natural Gas Reserves...

A report by the World Bank Group has revealed that Mozambique holds the largest natural gas deposits in Sub-Saharan Africa with over 20 billion...

Multi-Billion-Dollar Gas Pipeline In Development To Link...

South African-based independent oil and gas company SACOIL Holdings is set to construct a 2,600 km long gas pipeline worth $6 billion. The pipeline...

New $1.6bn Infrastructure Fund Launched In Angola...

Angola’s sovereign wealth fund (SWF) has launched $1.6bn African infrastructure and hotel funds to help diversify its portfolio as the slide in crude prices...