Business

Angola to Launch First Satellite in December

By Arnaldo Vieira Angola will launch into orbit its first communications satellite on December 7, a government official has said. The ICT minister Mr. José Carvalho da Rocha said AngoSat-1 will provide telecommunications services throughout…


Tanzania’s trade deficit shrinks by $580m

By BEATRICE MATERUMore by this Author Tanzania’s central bank (BoT) revealed that its current account deficit shrank by $580 million to $335 million during the quarter ending June 2017. This is compared with the $915.6…



Kenya: Helicopter Crashes in Lake Nakuru

[embedded content] By Daily Nation A helicopter crashed in Lake Nakuru shortly after take off from a hotel in the town that is about 160km northwest of Kenyan capital Nairobi. Nakuru police chief Joshua Omukata…










Angola to Launch First Satellite in December

By Arnaldo Vieira Angola will launch into orbit its first communications satellite on December 7, a government official has said. The ICT minister Mr. José Carvalho da Rocha said AngoSat-1 will provide telecommunications services throughout…


AfDB seeks global support for Africa’s young farmers

The African Development Bank has called for global support for Africa’s young farmers and “agripreneurs”, highlighting how agribusiness is the answer to the continent’s youth employment. In collaboration with the Initiative for Global Development, the…


Acacia unable to pay $300m upfront to Tanzania

By REUTERSMore by this Author Acacia Mining said it could not immediately pay the $300 million that its majority shareholder agreed to hand the government of Tanzania to settle a dispute that has crippled the…






Report looks into how Africa manages oil, minerals

The African Development Bank (AfDB) and OpenOil, a Berlin-based financial analysis firm, have jointly produced a report on how African governments use financial models to manage oil & gas and mining projects. The report was…