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…
Tag: Africa
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…