U.S. President Donald Trump on Thursday called for the Organization of the Petroleum Exporting Countries (OPEC) to boost oil production to lower the price of the commodity.
Steinhoff has sold a majority stake in its South African auto dealerships unit, it said on Thursday, days after selling its stake in a local industrial group to shore up its finances following a devastating accounting fraud.
A petroleum terminal in Gabon operated by VAALCO Energy Inc resumed production on Thursday, the oil workers’ union said, after being shut down for two days by a strike over employees’ annual leave.
There is a great optimism about future of mining in Africa. During the recent past recession, as global direct investment fell, Africa continued to enjoy increased prospects.
Lifeworks Shukrani is carving a niche for itself in the business outsourcing industry by supplying products manufactured from kikoi and kanga to hotels in Kenya, more so after three quarters of large hotels at the Kenyan coast cited the selling of handicrafts and curios as a business opportunity for small businesses, in a 2010 study.
A senior member of South Africa’s National Union of Mineworkers (NUM) was shot dead overnight in the restive platinum belt town of Marikana, a union spokesman said on Friday.
JOHANNESBURG – South Africa’s Exxaro expects to start mining iron ore in the Republic of Congo this year, with an eye to producing up to 10 million tonnes a year, as the miner diversifies beyond its traditional reliance...
The Kenyan shilling firmed on Wednesday to a seven-month high in the first day of trading after incoming President Uhuru Kenyatta was sworn into office in a peaceful handover of power.
Chocolate conglomerates are handing out 20,000 tonnes of special cocoa fertilizer for free to farmers in Ivory Coast to help boost yields and secure bean supplies in the world’s No. 1 grower.
The Africa Development Bank (AfDB) has launched a a multi-country and multi-partner project which seeks to increase food security and improve the income and living standards of small-holder farmers in the 20 African countries by improving the value chains of four important staple crops – maize, wheat, cassava and rice.
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