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Fighting Somali Piracy – Don’t Get the Next Steps Wrong

Fighting Somali Piracy – Don’t Get the Next Steps Wrong

On 13 March, the Aris 13 was hijacked off the coast of Somalia, leading analysts to ask whether the incident heralded a fresh wave of Somali piracy. Yet the risk of a resurgence to the levels seen between 2008 and 2011 is unlikely. The Comoros-flagged Aris was carrying fuel and sailing only 18 km away […]

Sierra Leone ‘Divine Diamond’ Offered for Sale

Sierra Leone ‘Divine Diamond’ Offered for Sale

One of the world’s largest diamond discovered in Sierra Leone has been put up for sale, the government announced. The 709 carat uncut diamond found by an evangelic pastor earlier this month, is being sold by international tender, a public notice on Saturday indicates. The Ministry of Mines and Mineral Resources pegged the fee for […]

Zimbabwean Women Using Deadly Mine Waste As Sexual Stimulant

Zimbabwean Women Using Deadly Mine Waste As Sexual Stimulant

A MINING rights lobby NGO says Hwange Colliery is exposing local women to serious health risks by dumping toxic acid whose chaff they (women) are applying to their bodies to arouse sexual pleasure. The Centre for Natural Resources Governance (CNRG) said this in a report launched in Harare, Thursday. The report is on the environmental […]

Algerian billionaire Issad Rabrab hopes to connect Africa with a railway

Algerian billionaire Issad Rabrab hopes to connect Africa with a railway

An Algerian billionaire hopes to connect the African continent with a railway covering north to south and east to west, Huffington Post reported on Friday. The project envisioned by Issad Rabrab is said to be worth about €15 billion. Rabrab made the suggestion for his latest project during a meeting for businessmen in the Africa […]

EgyptAir obtains highest aviation safety rates

EgyptAir obtains highest aviation safety rates

The chairman of EgyptAir, Safwat Mesallam, has declared that the fleet of EgyptAir airlines, EgyptAir Express and EgyptAir Cargo reached the highest aviation safety rates with a 0.42 Ratio.   A press release by EgyptAir Holding Company said that when the program was applied in the European Union, the ratio surpassed 2.6, which indicates a […]

Ethiopia’s $75m Abattoir Set to Be Operational Next Month

Ethiopia’s $75m Abattoir Set to Be Operational Next Month

An abattoir owned by a subsidiary of Allana Group – Frigorifico Boran Foods Plc – will be opened in the coming month in Adami Tulu, 163kms from Addis Abeba. “We are left with internal and external finishing works,” said Vijay Dongare, General Manager of Frigorifico Boran Foods Plc, a subsidiary of Allana Group.”Trial production is […]

Biogaran takes over Swipha’s activities in Nigeria to produce quality generic medicines for the local market

Biogaran takes over Swipha’s activities in Nigeria to produce quality generic medicines for the local market

Biogaran, a French pharmaceutical company specialized in generic and biosimilar medicines, and a subsidiary of Servier, today announced the takeover of all the activities of Swipha, a Nigerian company that manufactures and distributes pharmaceutical products known for their quality. This is an important step forward in the internationalization of the French company Biogaran. In order […]

Deadly Shootings, Violence May Close Taxi Rank in South Africa

Deadly Shootings, Violence May Close Taxi Rank in South Africa

Western Cape transport MEC Donald Grant intends declaring Delft in Cape Town a high-risk area for public transport following recent minibus taxi violence. He said in a statement on Thursday that he would place a notice of intention in the Government Gazette. The declaration would allow the provincial regulatory entity to suspend operating licences, close […]

Nigeria President Gets Thumbs Up on U.S.$500 Million Budget Deficit Bailout

Nigeria President Gets Thumbs Up on U.S.$500 Million Budget Deficit Bailout

The National Assembly has approved the $500m Eurobond to fundthe 2016 budget capital projects’ deficit. In February, the then Acting President, Yemi Osinbajo, had in a letter addressed to both the Senate and House of Representatives sought the approval for the amount. Both chambers separately approved the sum during yesterday’s plenary. While the Senate had […]

The Internet of Oil & Gas Set to Shake up Africa

The Internet of Oil & Gas Set to Shake up Africa

The global oil and gas industry is undergoing a period of unprecedented change and disruption. Falling crude oil prices have put immense strain on the entire oil value chain, while the increasing availability and affordability of renewable energy sources means oil & gas is no longer the de facto choice for energy generation. An African […]

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