Thursday 4 April 2013

Anglo American steps back from Mozambique coal mine offer

Apr 1 — Anglo American, one of the largest mining companies in the world, announced on Thursday it will not be acquiring the the Revuboè metallurgical coal project in Mozambique.Originally announced in July of last year, the company said in a recent news statement that ...
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Chinese President wraps up Africa tour

Apr 1 – China’s recently appointed President Xi Jinping ended his six-day tour of Africa in the Republic of Congo, on Friday.Xi has been traveling across the continent outlining his African policy “as a partnership among equals” sending a clear message to African leaders that ...
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Fifth BRICS Summit takes off in Durban

Mar 25 – South Africa will be hosting the fifth annual BRICS summit in Durban this week, marking it as the first BRICS summit to be held in the African continent."Africa has been excluded in all processes in the centuries that have come and passed. ...
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Dubai to host Africa Global Business Forum 2013

Mar 25 – The Dubai Chamber of Commerce and Industry along with the COMESA (Common Market for Eastern and Southern Africa) Regional Investment Agency announced on Saturday that Dubai will host the Africa Global Business Forum 2013 in May.Under the patronage of H.H. Sheikh Mohammed ...
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India’s Tata Group to expand African footprint

Mar 21 – Indian multinational conglomerate Tata Group announced on Monday plans to grow its business in the African continent by 30 per cent annually. It also anticipated expanding into seven new countries over the next four years.As part of its growth strategy in Africa, ...
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South Sudan considers new oil pipelines into Kenya, Djibouti

Mar 21 – South Sudan’s information minister announced today that the nation will be moving ahead with studies into new oil pipelines into Kenya and Djibouti with the help of Germany’s ILF Consulting Engineers.This is first dependent, of course, on the peaceful restoration of South ...
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InfraCo projects listed amongst Africa’s top Public Private Partnerships

Mar 19 - InfraCo Africa and its principal project developer eleQtra Limited announced today that two of InfraCo’s projects have been recognised amongst Africa’s top public private partnerships.According to the announcement, this distinction was recognised by Infrastructure Journal (IJ) and the IFC in their joint ...
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Gabon oil workers suspend strike after one week

Mar 18 – Gabon’s oil workers union (ONEP) agreed to suspend its week-long strike on Sunday after the government agreed to improve working conditions and expel approximately 3,000 undocumented foreign workers.The main issue, according to Gabon’s oil workers, is that expatriate workers are paid a ...
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Malawi minister resigns after arrest and treason charges

Mar 18 – Malawi’s economic planning minister announced his resignation on Friday.Goodall Gondwe’s notice came five days after being arrested under the charge of treason in connection with a suspected coup plot last year against President Joyce Banda. Gondwe was charged along with 10 other ...
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Kenya's main share index rises after peaceful presidential vote

Mar 12 - Kenya's main share index surged 4 per cent to a new 4-1/2 year high as investors bought into stocks on the second session of trading after the presidential election wrapped up peacefully, it was announced on Tuesday.According to reports by Reuters, the ...
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