British multinational oil and gas company Shell has decided to sell The Shell Petroleum Development Company of Nigeria Limited (SPDC) – which owns onshore oil assets in Nigeria’s Niger Delta region –  to a consortium comprising mostly local energy players ND Western, Aradel Holdings Plc, First E&P, the Waltersmith Group, Petroleum Development Company Limited and Petrolin. The transaction is measured at $1.3 billion, with further payments of up to $1.1 […]

Election-related violence across the Democratic Republic of Congo risks undermining general elections scheduled for December 20, 2023, Human Rights Watch said today. Congolese authorities should urgently and impartially investigate violent incidents linked to the elections and prosecute those responsible, regardless of their political affiliation. Since early October, Human Rights Watch has documented clashes across the country between supporters of rival political parties that have resulted in assaults, sexual violence, and at least […]

The government of Tanzania on Tuesday thanked the Chinese government for dispatching medical teams to help improve healthcare for people in the East African country. Over the last six decades, more than 1,500 members of the Chinese medical team have been dispatched to Tanzania, said Paschal Ruggajo, director of Curative Services in the Ministry of Health, stressing that they have saved the lives of more than 20 million Tanzanians suffering […]

The President of Angola Joao Lourenco Friday performed the ribbon-cutting ceremony for the inauguration of a professional training center donated by the Chinese government in the city of Huambo in Huambo Province, which is located in the center of the country. At the ceremony, Teresa Dias, the Minister of Public Administration, Labor and Social Security, thanked the Chinese government for its support in the creation of talent in the country, […]

The African Guarantee Fund (AGF) (www.AGF.africa) has signed a landmark partnership agreement with Vista Group Holding to accelerate access to finance for small and medium-sized enterprises (SMEs) including women-led businesses in four West African countries: Burkina Faso, The Gambia, Guinea, and Sierra Leone. This collaboration will see AGF provide a loan portfolio guarantee of USD 50 million to support Vista Group Holding’s lending activities to SMEs across its network in […]

The low-carbon economy of the future depends on mining and in turn, the future of mining largely depends on the exploration for and discovery of new mineral deposits. The African continent remains a treasure chest of green metals and minerals and has significant reserves of platinum cobalt, chromium and other battery metals. Yet despite this, Africa trails far behind when it comes to exploration spend, making it the last untapped […]

The implementation of the Affordable Housing Programme will play a pivotal role in safeguarding arable agricultural land from fragmentation. President William Ruto said the Government is using the Affordable Housing Programme to cater for the increasing demand for housing in agricultural regions. The President noted that if the fragmentation of agricultural land is not managed, the country will soon run out of adequate farming land. He explained that the government […]

Today, President Abdel Fattah El-Sisi met with Chairman and Chief Executive Officer of French shipping and logistics company, CMA CGM Group, Mr. Rodolphe Saadé. The meeting was also attended by Prime Minister, Dr. Moustafa Madbouly; Minister of Transport, Lieutenant-General Kamel Al-Wazir; Chairman and Managing Director of the Suez Canal Authority (SCA), Admiral Osama Rabie; and First Deputy Chairman of CMA CGM Group, Mr. Patrice Bergamini. Spokesman for the Presidency, Counselor […]

Deputy Minister of Health, Dr Sibongiseni Dhlomo, has urged citizens to be vigilant and maintain personal hygiene as the country has recorded two laboratory-confirmed cases of cholera in Limpopo. According to the Department of Health, both cases are imported from Zimbabwe.  The first case was confirmed in the Musina sub-district in the Vhembe District after a 43-year-old male patient tested positive and has since been discharged from Musina Hospital. “The […]