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Editorial Staff

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Climate fund: little money for the poorest countries

TWO years after the Paris climate agreement, the financial shortfall facing the Green Climate Fund to help developing countries switch from fossil fuels to...

Siemens and Rotan Power sign agreement for power plant project in...

TO help Ghana meet its industrialisation targets, global technology powerhouse, Siemens and Rotan Power have signed a memorandum of understanding (MoU) to develop and...

ExxonMobil completes LNG acquisition in Mozambique Area 4

EXXONMOBIL says its subsidiary ExxonMobil Development Africa has acquired a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assumed...

ExxonMobil makes new Equatorial Guinea oil find

EXXONMOBIL has struck oil with its Avestruz-1 well in Block EG-06 in Equatorial Guinea, the country’s Ministry of Mines and Hydrocarbons of Equatorial Guinea...

Nigeria secures final Abacha funds, but domestic asset recovery campaign misfires

THE Swiss government is to return to Nigeria $320 million allegedly looted from state coffers by the late Nigerian military ruler, Gen. Sani Abacha....

ANC race to replace Zuma, ‘Too close to call’

SOUTH Africa’s ruling African National Congress (ANC) holds an election this weekend to replace Jacob Zuma as party leader in a closely fought contest...

Uganda’s attorney general endorses 7-year term for president, MPs

FOLLOWING President Museveni’s suggestion that African presidents and the countries they lead could benefit from having seven-year terms in office rather than five, like...

African airlines post $100m losses in 2017 due to high operation...

THE International Air Transport Association (IATA) says African airlines will post a collective loss of $100m by the end of this year, with a...

Ethiopian dispatches all-female crew to man historic intra-Africa flight

ETHIOPIAN Airlines is set to make history with an all-female crew for a trip within African. The Ethiopia national carrier has announced that the...

Angola’s Lourenço offers ultimatum for repatriation of funds

ANGOLA’S President João Lourenço has told Angolans to repatriate funds illegally held abroad in coming months or risk prosecution, in a bid to spur...