African Business News

ExxonMobil To Increase Oil Exploration Range In Namibia

According to a note from Standard Bank, stabilizing crude oil prices above $60 per barrel will backbone the investment in African oil and gas during the coming five years. That improved outlook could finally induce a discovery in Namibian oil exploration.


NCPD and Rwanda Biomedical Centre (RBC) come up with a new facility to improve medical services for people with disabilities

The National Council of Persons with Disabilities (NCPD) and Rwanda Biomedical Centre (RBC) have accepted a new facility that will improve medical services for people with disabilities.


The Caterpillar Launches Its New Cat 777G Truck In Africa

In Africa the Caterpillar launches its new Cat 777G off-highway truck for the mining and large earth moving. C718719 cat, the design focuses on fuel efficiency, enhanced visibility and operator comfort, convenience and safety. 


Petroleum Industry Bill Progress Updates by Nigerian Minister

Nigeria's minister of state for petroleum, Emmanuel Ibe Kachikwu held a press conference at APPO Cape VII, in which he gave an update on the progress of the Petroleum Industry Bill (PIB). Following incumbent president Muhammadu Buhairi's win in this year's elections, Kachikwu confirmed that the bill was with the president and could receive assent by June, when the ninth assembly of the Nigerian parliament convenes.


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