Ghana starts gold purchase programme to strengthen currency

REUTERS – ACCRA, May 17 (Reuters) – Ghana has started a bulk purchase programme to buy gold locally to raise the gold component of its reserves, Central Bank Governor Ernest…

Europe looking to get a million tonnes of coal annually from Botswana, says President Masisi

REUTERS-CAPE TOWN – BOTSWANA has been inundated with inquiries to supply coal to Europe and estimates that demand from Western countries could top a million tonnes a year, President Mokgweetsi…

Global scramble for metals thrusts Africa into mining spotlight

REUTERS-JOHANNESBURG-The need to secure new sources of metals for the energy transition has increased the Africa risk appetite for major miners, who have few alternatives to the resource-rich continent. Companies…

Former Malawi President can’t get enough of Vic Falls

By Tichaona Kurewa Former Malawi President, Dr Joyce Banda says Victoria Falls is a must visit tourist destination as the world wonder has a lot to offer for both the…

Air Botswana resumes Harare-Gaborone flights

Air Botswana has resumed flights between Gaborone, Harare and Lusaka beginning May 6th 2022. In a statement, Air Botswana said they will initially have two weekly direct flights on Friday…

U.N. chief calls for debt relief, post-COVID investment for African countries

DAKAR, (Reuters) – U.N. Secretary-General Antonio Guterres on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and weather the…

Uhuru Kenyatta and the special Zimbabwe mission at ZITF

By Justin Mahlahla A week after celebrating Uhuru, the 2022 edition of the Zimbabwe International Trade Fair roars into life again in the City of Kings, coming at a special…

African startups drew record $5.2 billion in venture capital last year, industry group says

JOHANNESBURG, April 18 (Reuters) – African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase…

South Africa’s Eskom escalates power cuts to “Stage 4”

April 19 (Reuters) – South Africa’s Eskom said on Tuesday that it had ramped up rotational power cuts to “Stage 4” at 07:20 local time (0520 GMT) following trips at…

Dangote to complete Nigerian oil refinery in Q4 -executive

ABUJA, (Reuters) – Dangote’s 650,000 barrels per day (bpd) oil refinery being built in Nigeria is due to begin production by the fourth quarter of 2022, Group Executive Devakumar Edwin…