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Libya’s largest oilfield seized by armed men

Libya’s National Oil Corporation on Monday said that an armed group has seized one of the country’s largest oilfields.Local media reports that the company...

Cocoa firms destroying forest reserves in Ghana and Ivory Coast

Campaign Group Mighty Earth has cited some major Chocolate manufacturing firms for reneging on their promise to help reduce deforestation in Ghana and Ivory...

IMF approves $3.7 billion support for Angola

The Executive Board of the International Monetary Fund has approved a three year programme for Angola worth $3.7 billion.The Extended Fund Facility is to...

Sahel nations to receive €100 million Saudi aid

Nations within the Sahel region are to receive a €100 million aid from Saudi Arabia.The Arab nation announced the support on Thursday, according to...

Eskom cancels leave for senior managers over power cuts

South African Power Provider Eskom has asked its Senior Managers to cancel their leave to deal with ongoing power cuts in the country.The cancellation...

Liberia loses $35 million to power theft annually

Liberia’s is said to be losing $35 million annually as result of increasing spate of power theft.That’s the revelation from the West African nation's...

Canada struggling to fill 430,000 job vacancies

A business group warned on Tuesday that a labor shortage in Canada is deepening, with more than 430,000 jobs at small and medium-sized firms...

South Africa exits recession after recording GDP growth

The South African economy has officially exited recession after reporting growth in it's Gross Domestic Product figure for the third quarter.The Statistics South Africa...

Global wage growth declines significantly

Latest statistics from the International Labour Organization reveals that global wage growth in 2017 fell to its lowest rate since 2008.The figure according to...

AfDB approves $18 million for solar project in Kenya

Kenya has secured $18.17 million facility from the African Development Bank for its renewable energy sector.The approval of the facility by the African Development...

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