An appeal regarding the contentious oil projects in Tanzania and Uganda by the energy corporation TotalEnergies was dismissed by a French court on Tuesday. In the two projects, the Tilenga …
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- AfricaAFRICA NEWSOil & Gas
- AfricaAFRICA NEWSSpotlight
Elon Musk’s Tesla brings industrial partnership deal to Tanzania
by Editorby EditorElon Musk’s Tesla has inked a contract to buy anode active material (AAM) from Tanzania. This comes after Tesla struck an agreement with a vertically integrated lithium-ion battery business, Magnis …
- AfricaAFRICA NEWSBusiness Policies
Billionaire Mittal’s Airtel Africa to Boost Spending 14% in 2023
by Editorby EditorAirtel Africa Plc plans to increase its capital expenditure to as much as $750 million this year as it moves to build its mobile-money business across the continent. The wireless …
- AfricaAFRICA NEWSTechnologyTelecommunications
Sivers Semiconductors demos 5G integrated reference design at MWC
by Editorby EditorSivers, a technology company that supplies ICs and integrated modules and PureSoftware, global software products and digital services company, have jointly developed an O-RAN-compliant base station reference design for the …
- AfricaAFRICA NEWSTechnologyTelecommunications
Telecoms steer Nigeria GDP, oil slips further
by Editorby EditorLatest accounts by the National Bureau of Statistics (NBS), show that GDP in Africa’s largest economy grew by 3,52 percent year-on-year in the fourth quarter of 2022. This is higher …
hen it comes to investing in property, Africa offers many attractive opportunities. With a growing economy, rising middle class, and increasing demand for housing, many African countries are becoming popular …
- AfricaAFRICA NEWSReal Estate
Megaprojects are Changing the Face of Real Estate Market in Ibeju-Lekki
by Editorby EditorIn the 1970s – 1980s, the Lagos Bar Beach, situated on Victoria Island, was the most popular in Nigeria, especially during the military regime when Lagos was the capital. One …
- AfricaAFRICA NEWSEconomy
France to Unveil New Economic, Military Strategy in Africa
by Editorby EditorFrench President Emmanuel Macron will unveil on Monday his country’s changing economic and military strategy in Africa for the coming years, as France’s influence substantially declines on the continent. Macron …
- AfricaAFRICA NEWSTechnologyTelecommunications
Netflix Slashes Subscription Price Across Asia and Africa
by Editorby EditorNetflix has slashed prices of its subscription plans in some countries as the streaming major looks to maintain subscriber growth amid stiff competition and strained consumer spending. As a result, …
- AfricaAFRICA NEWSGlobal NewsPolitics
President Biden Announces U.S. Nomination of Ajay Banga to Lead World Bank
by Editorby EditorToday, President Biden announced that the United States is nominating Ajay Banga, a business leader with extensive experience leading successful organizations in developing countries and forging public-private partnerships to address …