Africa News

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Bank pulls out of Tanzanian study

The African Development Bank (AfDB) has dropped the idea of funding a feasibility study for the Arusha-Musoma rail extension after learning that the Tanzania …

Africa / 13-01-03 / by

Gold Mining

Tanzania takes the gold

Until recently, Tanzania hardly made any income from its abundant gold resources, a trend that has now totally changed, making the precious metal a …

Africa / 26-11-02 / by

Investment needed for Tanzania

Tanzania needs an estimated Tsh84bn (US$84mn) per year to finance maintenance of the country road network, assuming all those targeted are in maintainable condition. …

Africa / 26-11-02 / by

Nigeria suspends oil bloc licences

The federal government of Nigeria has suspended the much awaited licensing round for oil blocs in the Gulf of Guinea, throwing preparations by multinational …

Africa / 26-11-02 / by

Ex-Im backs equipment export to Nigeria

Nationwide Equipment Company (NWE), a medium-sized company in Jacksonville, Florida, will export used trucks, cranes and heavy construction equipment to HS Petroleum Limited (HS) …

Africa / 26-11-02 / by

Belgian ECA increases premium

Belgian export credit agency Ducroire/Delcredere has increased its premium on Cape Verde for the insurance of political risk with regard to medium/long-term export credits …

Africa / 26-11-02 / by

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Guarantee for Mali/Senegal investment

Miga has issued guarantee coverage to Société Nationale de Télécommunications du Sénégal (Sonatel), a Senegalese company, for its US$18mn equity investment in Ikatel SA …

Africa / 26-11-02 / by