News

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...

Africa, China continue to strike investment deals

Africa continues to attract the interest of global investors and the world’s biggest market. China’s investment ventures in Africa strongly suggest that the continent is seen as the new sleeping giant.

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 Nam to settle N$400m suit

The Air Namibia board and management have been forced to go cap in hand to local lawyers representing a Belgian company, Challenge Air SA, after the flag carrier...

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.

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