African Business News

Kano to Build Power Plant

Kano — Kano State government is to build its own independent power plant in order to reduce electricity shortage in the state.


Gas Discovered in Manicaland

MOZAMBICAN authorities have stumbled on the existence of natural gas and coal deposits in Manicaland Province. Manicaland already boasts huge deposits of alluvial diamonds in Marange.


FDI Into Africa Accelerates As Investor Perceptions Begin to Shift

Growing optimism and confidence among international and local investors has led to significant inward investment into the continent over the last decade, according to professional services firm, Ernst & Young's second African Attractiveness Survey.


South Africa's African agenda

The Deputy President of the Republic of South Africa, Kgalema Mothlanthe paid a rare visit to Ghana in April at the invitation of John Dramani Mahama , Vice President of Ghana. It is significant in terms of a growing realisation of the need for South Africa to develop with Africa. The visit was within the context of consolidating the African Agenda through enhancing and deepening political, economic and social relations.


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