Germany to Ramp Up Investment in African Energy 1
Africa 24

Germany to Ramp Up Investment in African Energy

…An exclusive webinar explored the market dynamics set to shape post-COVID-19 German-African business relations JOHANNESBURG, South Africa, In an exclusive webinar held on Thursday, “Germany-Africa Economic Relations: Making Deals Post COVID-19,” panelists sought to mobilize German investment into the African energy sector, establishing clean energy and digitalization as two major pillars of economic and investment

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Gambia Shuts Borders, Airspace As COVID-19 Cases Rise 2
Africa 24

Gambia Shuts Borders, Airspace As COVID-19 Cases Rise

Gambian President Adama Barrow declared a state of emergency Wednesday, shutting his country’s borders and airspace amid a rise in coronavirus cases. COVID-19 cases in Gambia have surged over 60% in the last seven days to nearly 800, a trajectory he said is “worrisome.” The country has registered 16 coronavirus deaths so far. Barrow also

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You can't eat from Africa and disrespect us - says Pres. Kagame as he begins deportation of Chinese Nationals 3
Africa 24

You can’t eat from Africa and disrespect us – says Pres. Kagame as he begins deportation of Chinese Nationals

One of the most revered Presidents in Africa, Paul Kagame of Rwandan has been trending currently on social media for what many refer to as an act of a true leader. Reports have it that, President Paul Kagame have ordered the deportation of eighteen(18) Chinese Nationals from the country The deportees were accused of violations

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African Guarantee Fund announces response to economic impact of COVID 19 6
Africa 24

African Guarantee Fund announces response to economic impact of COVID 19

NAIROBI, Kenya, African Guarantee Fund (www.AfricanGuaranteeFund.com) for Small and Medium-sized Enterprises (AGF), has today announced its COVID-19 response aimed at reducing the uncertainties facing financial institutions in Africa as a result of the global coronavirus pandemic. AGF’s COVID-19 response is built on the imperative need for commercial solutions over and above the regulatory efforts already

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Without Governments’ Flexibility on Oil Personnel Movements, Oil & Gas Production Across Africa Will Be Severely Impacted 7
Africa 24

Without Governments’ Flexibility on Oil Personnel Movements, Oil & Gas Production Across Africa Will Be Severely Impacted

JOHANNESBURG, South Africa, Some charter flights with oil industry personnel and medical equipment’s have been allowed to land a few oil-producing countries like Nigeria, Angola, Equatorial Guinea and others lately, allowing a much-needed rotation of oil sector workers. The African Energy Chamber (www.EnergyChamber.org) believes that such charter flight operations led by international oil companies such

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Equatorial Guinea announces compliance with OPEC production cuts obligations 8
Africa 24

Equatorial Guinea announces compliance with OPEC production cuts obligations

JOHANNESBURG, South Africa, Equatorial Guinea has announced that it is fully complying with its production cuts obligations under the record OPEC++ global oil cuts deal reached in April 2020 and which took effect on the 1st of May. While announcing the country’s compliance, Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima, also paid tribute

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Equatorial Guinea signs first and historic mining contracts 9
Africa 24

Equatorial Guinea signs first and historic mining contracts

MALABO, Equatorial Guinea, The Ministry of Mines and Hydrocarbons has signed the very first mining contracts in the country’s history. Five Mining contracts were signed with three different companies and follow the conclusion of the country’s first mining bidding round last year, EG Ronda 2019. The agreements include one gold exploration contract in Block (I)

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Sierra Leone's President suspends Minister for threatening to kill rioters 11
Africa 24

Sierra Leone’s President suspends Minister for threatening to kill rioters

 Sierra Leone’s President Julius Maada Bio suspended a cabinet minister on Sunday for allegedly threatening to kill troublemakers, after a recent spate of violent incidents in the West African state. The move comes after the president accused the political opposition of inciting the recent violence that has left over a dozen people dead, and which

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I'm no longer energetic, says 80-year-old Lesotho's PM, set to stepdown 14
Africa 24

I’m no longer energetic, says 80-year-old Lesotho’s PM, set to stepdown

Eighty-year-old Lesotho’s Prime Minister, Thomas Thabane, on Thursday, reiterated his intention to retire by the end of July “or earlier”, despite risk of prosecution for his alleged involvement in the 2017 murder of his estranged wife. Ruling party officials and opposition groups have piled pressure on Thabane to leave office over allegations he had a

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