African Business News

Tanzania: New Natural Gas Fields Discovered in Lindi

Dodoma — THE Minister for Energy and Minerals, Professor Sospeter Muhongo, on Saturday announced discovery of new natural gas fields off the Lindi coast.


Africa: Road to Rio - Improving Energy Use Key Challenge for World's Food Systems

Agriculture's heavy dependence on fossil fuels is undermining the sector's ability to feed the world, perpetuating poverty and undermining efforts to build a more sustainable world economy, FAO said today.


SA eyes new oil sources

South Africa is looking at alternative sources of crude as tough US sanctions slapped on countries importing oil from Iran are days away from taking effect, a senior government official said on Friday.


Mozambique: Locals Companies Earn Over a Billion U.S Dollars From Vale

Maputo — Vale Mocambique, a subsidiary of the Brazilian mining company Vale, says it has spent over a billion US dollars on goods and services from more than 400 Mozambican companies in recent years.


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