Category
Malaria, HIV, pneumonia, and diarrhoea are the leading killers on the African continent, according to a recently released study looking at the burden of diseases across the world. In 1980 the list looked different. Then the leading killer diseases were …
Continue readingKenya and Uganda are set to position East Africa as the next oil development frontier, Bloomberg Intelligence has said. The note based the findings on the discovery of several onshore deposits. They include the billion-barrel potential at Uganda’s Lake Albert …
Continue readingLarge companies in Africa are growing faster than their peers in the rest of the world, raking in $1.4 trillion in annual profits and contributing to government taxes and higher wages, a new report finds.
The continent has 700 companies …
Continue readingAs the natural wealth of the continent has become more apparent, African governments are increasingly trying to dictate the terms of the extraction of their country’s resources. Local content legislation – designed to ensure domestic economic participation and development
By December this year, the Petroleum Industry Bill (PIB) would have clocked sixteen years and eight months in the making, and more than eight and half years since it was first presented to the National Assembly. That would have been …
Continue readingIn August 2016, the Federal Government said it would release N60bn for capital projects for the benefit of Nigeria’s 170 million or so people, that is still N480m less than the yearly allowances of lawmakers in the House of Representatives. …
Continue readingDrones began to get more attention in Africa when news platforms across the world started talking about the exploits of US drones in the fight against terrorism. As recently as March, it was reported that more than 150 al-Shabaab and
Cameroon is a growing economy with rapidly increasing electricity demands, particularly in the industrial sector. The utility is currently grappling with a power deficit, and energy efficiency measures are becoming critical for meeting Cameroon’s electricity demand in short to medium …
Continue readingThe project has seen false dawns in the past. It was taken over by India’s Ispat Industries in 2004 but that concession was revoked after just four years. However, since Buhari came to power in March 2015, talks have been …
Continue readingSouth Korea’s Kia Motors Corp signed a deal with a local company to start assembling cars in Ethiopia and is thinking of similar operations elsewhere in Africa. Kia and Belayab Motors PLC, with whom it signed the agreement, said the …
Continue reading
