Yearly Archives: 2017
Cobalt is a Russian ‘steak’
An investment firm founded by Russian billionaire Vladimir Iorich is following its winning bet on cobalt this year by creating a $150-million fund to...
Burundi gives tax incentives to returnees
The Burundi government has said it will waive taxes on capital or businesses of Burundians returning home. The announcement comes weeks after President Pierre...
CAR prone to genocide again, unless..
Just when rebel leader Sheka’s surrender to the UN would have been considered crucial to the future of all rebel factions in Central Africa,...
NNPC plans for $30bn revenue increase
The Nigerian National Petroleum Corporation, NNPC, says its four most recent investments with key upstream joint venture partners can increase Nigeria’s revenue by over...
Kagame wins 3rd term in Rwanda
President Paul Kagame of Rwanda has won a third term in office with a landslide, the country's electoral commission has announced.
A final tally of...
Judge orders forfeiture of $37.5m Lagos mansion
A Nigerian court has ordered the permanent forfeiture of $37.5 million mansion belonging to a former oil minister facing corruption charges.
Authorities allege that Diezani...
E/Africa giants to build $3.55b pipeline
Two East African giant nations have moved ahead in forging better, stronger relations which only a few months ago wasn't as happy.
The leaders of...
Botswana wins 9 medals in 1 day
While Botswana has not really been a pronounced sporting nation in Africa, she has started to show sparks of the talent that abound in...
Asian Kenyans make 44th tribe
Kenyans of Asian heritage have been granted official recognition as the 44th tribe in the country. The Kenyan government granted the status last week...
Hepatitis B vaccine in world demand
If the news from SKY is anything to go by, the world may soon begin to take drastic measures to meet the required quantum...