News

Tanzanian gov't seeks release of seized Q400

A Canadian contractor has seized a Dash 8-400, msn 4559, that was due to have been delivered to Air Tanzania (TC, Dar-es-Salaam) last month...

$15m Gold refinery opens in Uganda

A regional gold refinery worth $15 million on Monday opened in Uganda in a bid to reduce revenue lost due to export of raw gold.While opening the refinery here, 40km south of the capital Kampala, Ugandan...

$2b Lawsuit Has Investors Worried About Angola

US-based oil company Cobalt filed for arbitration for a $2-billion suit against Angola’s state-run Sonangol oil giant last week, according to court documents found by Reuters.

AfDB To Launch Africa Investment Forum

The Board of the African Development Bank (AfDB) has approved a proposal to launch an ‘Africa Investment Forum (AIF)’—a meeting place for investors interested in Africa.

Africa & China: More FDI Needed to Boost Exchange

China is Africa’s first trade partner but ranks behind the United States, European countries and India when it comes to Foreign Direct Investment (FDI) in Africa...

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