NAIROBI – Sub-Saharan Africa attracted 1.6 billion dollars private equity investment in 2013. This is the highest in five years, with the East Africa region experiencing...
…EIA reported stronger-than-expected demand for petroleum products …Nymex March futures up 1.1% at $98.41/barrel …Gasoline futures up 1.3% after smaller-than-expected supply build NEW YORK – U.S....
NAIROBI – Royal Philips and the African Medical and Research Foundation (AMREF) announced that they will work closely together in an innovative shared-value partnership model designed...
KAMPALA — The government of Uganda has signed a long awaited deal with foreign oil companies to develop its oil sector, bringing to an end several...
ABUJA – Toronto-listed Oando Energy Resources (OER), the upstream business of Oando Plc, said it had secured funding for the closure of the acquisition of the...
LAGOS — The Governor of the Central Bank of Nigeria, CBN, Mallam Lamido Sanusi, yesterday, explained that he exposed the opaque management of oil revenue in...
NEW YORK – Exelon Corp. said its fourth-quarter earnings rose 31% as the power company benefited from fewer storm-related costs. The year-earlier period included impacts from...
GENEVA – Conflict-affected people in Nigeria are struggling to meet basic needs. The ICRC, in cooperation with the Nigerian Red Cross Society, has brought aid to...
SYDNEY — When John Borghetti took the reins of Virgin Australia Holdings Ltd. in 2010 after being passed over for the top job at Qantas Airways...
WASHINGTON – Twitter Inc, according to analysts, is either the overvalued owner of a niche product whose growth potential is fading or an undervalued social media...
