News

African Economic Outlook 2016 Launched in Zambia

Lusaka, Zambia, 23 May 2016How Africa urbanises will be critical to the continent’s future growth and development, according to the African Economic Outlook 2016 released today at the African Development Bank Group’s 51st Annual Meetings.

African Petroleum Stands on Slippery Ground

UK-based exploration and production company African Petroleum continues to lay claim to offshore Block 1A in The Gambia even after the government...

Air Namibia to wait for court judgement

AIR NAMIBIA says it will not engage with any Namibian individuals or companies claiming to be official representatives of the Belgian...

Ajaokuta: Global Steel abandons arbitration, gets Itakpe

Global Steel Holdings Limited (GSHL) may have abandoned the arbitration process that it instituted at the London Court of International Arbitration, to reclaim the Ajaokuta Steel Complex from which it was sacked by the Federal Government of Nigeria.

Algeria Signs $206 Million Contracts With American Oil Companies

Rabat – Sonatrach, Algeria’s government-owned oil company, granted contracts worth $206 million to a series of American companies for “cementing and pumping services,”and oil drilling, according to a reports by Reuters on, which cited a document from the state-owned Algerian company, Sonatrach....

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