The World Bank has invested in a five-year plan of electricity projects to help meet the increasing demand on electricity for citizens during summer. Read more »
A US company Hydro Alternative Energy is negotiating with the City of Durban on plans to develop a world-first project that would harvest hydrokinetic energy from the Ocean. Read more »
Tullow Oil has discovered more oil at its Turkana well. The oil is said to be of higher quality than the crude found in many African countries. Read more »
MTN, Africa's biggest telecommunications company is being sued by a Turkish company which accuses it of corrupt business practices in a deal struck with Iran. Read more »
The state owned gas company and the national petroleum company have decided to put the issue of Israel-bound gas exports before international arbitration. Read more »
The Senate Committee on Aviation has directed all foreign airlines to pay back the five percent fuel surcharge added to the price of air tickets. Read more »
An appeal lodged by South African authorities against the approved merger between local firm Massmart and American retail giant Walmart has cost the government R4.1 Million. Read more »
A UK development finance arm is investing in a fund that focuses on agriculture, retail, health, telecommunications and financial services support in Africa. Read more »
Aliko Dangote is Listing his cement business on the London Stock Exchange, hinting that if successful, he will step down as Chairman of the company. Read more »
Namibia's minister of works and transport has described reports that the entire Air Namibia board of directors has been fired as "totally false". Read more »
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