Sectors

LONDON, June 8 – Sumitomo Corporation provided financing to the buyers of its 54% stake in Madagascar’s Ambatovy nickel operation, helping facilitate …

MAPUTO, June 8 – French-based engineering and technology company, Technip Energies has secured a major engineering, procurement, construction, installation and commissioning (EPCIC) contract …

JOHANNESBURG, June 8 – Mozambique could expand its economy by as much as $11 billion annually, create tens of thousands of jobs …

GABORONE, June 5 – Botswana is holding discussions with investors from the United Arab Emirates and Oman as it seeks to acquire …

CAPE TOWN, June 5 – South African power utility Eskom has signed a long-term liquefied natural gas (LNG) supply agreement with Zululand …

MASERU, June 5 – US-based energy and technology company Convalt Energy has committed to investing $6.2 billion in Lesotho through the development …

NAIROBI, June 5 – Standard Chartered Bank’s growing use of artificial intelligence is reshaping how banking operations are managed, with its Kenyan …

HARARE, June 5 – Chinese mining and battery materials company Zhejiang Huayou Cobalt is planning to develop a lithium carbonate processing plant …

LAGOS, June 5 – Three internet service providers, Spectranet, Starlink and FibreOne, accounted for nearly 70% of Nigeria’s internet service provider market …

MAPUTO, June 4 – Mozambique has enacted sweeping reforms to its mining sector, introducing mandatory state participation in all mining ventures and …