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The Ethiopian Billionaire: Sheikh Mohammed Al Amoudi

Sheikh Al-Amoudi made his fortune in Saudi Arabia, but he remains intensely loyal to the country of his birth- Ethiopia. Mohammed Al-Amoudi is literally a...

South African Miners Sue Anglo American

Mining company Anglo American SA (AASA) has been ordered by a High Court in the United Kingdom to release documents to South African gold...

Protea Hotels in African Expansion Drive

South Africa's Protea Hospitality Group has signed an agreement for the construction of its fourth hotel in Uganda, as part of a US$130-million African...

Zimbabwe Suspends Platinum Mine’s Access to Banking Services

Zimbabwe Platinum Holdings says it did not break the law following the Reserve Bank of Zimbabwe's order last week for banks to stop processing...

Airbus to Increase A400M Work Packages in South Africa

Airbus Military plans to increase the scale and complexity of A400M work packages in South Africa and is currently renegotiating the packages with Denel...

South Africa’s Transnet Announces R300 Billion Investment

Years after the resources boom skipped South Africa, the biggest culprit in the country's failure to capitalise on global demand for minerals has found...

Business As Usual/Cash and Compassion – Somali Diaspora Under the Spotlight

Two Somalia-focused events took place in over the last 10 days hot-on-the-heels of the London-Somalia Conference, the outcomes of which have been discussed in...

Due Diligence Can Help Efforts to End Resource-Fuelled Conflict

A recent EU Trade and Development Communication contains some welcome news: a commitment to make company supply chains more transparent. This provides an excellent...

Canadian Mining Firm Scoffs At Black Empowerment in Zimbabwe

Caledonia Mining Corporation has scoffed at Government of Zimbabwe's economic empowerment drive, branding indigenisation regulations a political gimmick to lure votes for Zanu-PF. The Canadian firm's remarks come at a time when President Mugabe has told foreign companies that are not comfortable with the black empowerment drive to leave the country.

More Satellites to Cover the Continent – Intelsat

African satellite service provider Intelsat has announced new contracts with customers using its video distribution neighbourhoods and broadband capacity, as well as plans to launch three new satellites to increase capacity to the continent.

Shell Accused of Funding Clashes, Armed Gangs in Nigeria

AN industry watchdog, Platform of London has accused Royal Dutch Shell, the parent company of Shell Petroleum Development Company of Nigeria (SPDC) of funding armed gangs, which had fuelled human rights abuses in Nigeria.

'Shell Paid Soldiers to Suppress and Kill Nigerian Protesters in Ogoniland'

Documents that have emerged from court cases against oil giant, Shell Petroleum Development Company (SPDC) of Nigeria reveal that in the 1990s it routinely worked with Nigeria's military to suppress resistance to its activities, often from activists in Ogoniland, in the delta region, some of them ending in deaths

New Research Reveals Shell Paid Militants Who Destroyed Nigerian Towns

Shell fuelled human rights abuses in Nigeria by paying huge contracts to armed militants, according to a new report published by Platform and a coalition of NGOs.

Liberia Ships First Iron-Ore After Two Decades

A colorful ceremony commencing Liberia's first shipment of iron ore since of the end of the country's civil war took place on Tuesday in the southeastern port city of Buchanan.

Zimbabwe to Build 13 New Power Stations

ZESA Holdings has licensed 13 independent power producers with a combined capacity of 4 546 megawatts expected to be operational in about four years.

Airtel Enters Rwandan Mobile Telecoms Market

Rwanda will soon get a third mobile phone operator following the entry of India's Bharti Airtel, which was awarded its operating license, yesterday.