Thursday, March 28, 2024
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Shell admits dealing with money launderer

Shell has admitted for the first time it dealt with a convicted money-launderer when negotiating access to a vast oil field in Nigeria. It comes...

Benin gets 151 million dollar bailout from the IMF

The Executive Board of the International Monetary Fund has approved a three-year arrangement under the Extended Credit Facility (ECF) for Benin for an amount...

Nigerians boycott Coca-Cola drinks

Consumers of Sprite and Fanta have more to worry about than rotting teeth according to a Lagos High Court judge, who ruled that the...

South Africa’s $72 billion nuclear project to move in June

South Africa's tender for the estimated 1 trillion-rand ($72 billion) expansion of its nuclear power plants will begin in June when state utility Eskom...

AfDB Vice President Kacou concludes three-day visit to Sudan

The Vice President of the African Development Bank (AfDB) responsible for Corporate Services and Human Resources, Alberic Kacou, concluded a three-day official visit to...

Fitch downgrades South Africa’s credit rating

Ratings agency Fitch downgraded South Africa's credit rating to sub-investment grade on Friday, saying a recent cabinet reshuffle that saw respected finance minister dismissed...

Nigeria wants to legalize illicit refineries in restive Delta oil region

Nigeria aims to legalize illicit oil refineries in the turbulent Niger Delta region, the vice-president's office said on Thursday, hoping to bring peace to...

Rwanda to lift double taxation for Moroccan investors

Rwanda’s Cabinet on Wednesday approved a law removing double taxation for Moroccan investors while mitigating against tax evasion on income accrued by their businesses. Moroccan...

AfDB approves USD 29.8 Million loan to boost Tanzania’s natural gas sector

The African Development Bank (AfDB) has approved a USD 29.8 Million loan to Tanzania to help the country mobilize domestic resources and unlock the...

Nigeria releases over 133 million dollars to clear pension benefits

The Nigerian government has released 41.5 billion Naira (133 million dollars) to clear three years inherited arrears of pension benefits, Africa Feeds has gathered. Nigeria's...

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