Libya to sign gas deals with Italy’s Eni – National Oil corporation chief

Libya’s National Oil Corporation said Wednesday (Jan. 25) it had reached an $8-billion deal with Italian energy giant ENI to develop offshore hydrocarbon sites. “We have reached a deal with ENI to develop the oil and gas sector, by developing two offshore sites which together will be able to produce 850 million cubic feet of gas” per day, NOC head… Read More

France recalls envoy to Burkina Faso after expulsion of its forces

France said on Thursday that it was recalling its ambassador from Burkina Faso, a day after agreeing to demands from the ruling junta to pull out troops from the former French colony in Africa’s Sahel region. “In the context of the latest developments in Burkina Faso, we have decided to recall our ambassador to Paris for consultations on the state… Read More

Davos: Spurring growth in developing countries [Business Africa]

The African continent fueled many debates at the World Economic Forum (WEF) in Davos, Switzerland. The forum’s discussions centred around sustainable solutions, ranging from energy transition, reimagining globalisation, inclusion and diversity to prepare the world to collaborate and share equally in all future opportunities. How can the African continent position itself to thrive in an equitable global village? Executive Director… Read More

South African farmer warns of ‘lots of food shortages’ amidst ongoing power cuts

From dairy farms unable to keep milk refrigerated, to chickens suffocating en masse as ventilators fall idle, an energy crisis is taking a heavy toll on South Africa’s food sector, industry groups said. Record power cuts have caused shortages of some staples, threatening price rises that could make some popular items too expensive for poor families, agricultural industry body AgriSA… Read More
Africa Business Ghana World 

Ghana summit on Africa’s prosperity opens in Accra

African political and business leaders gathered in Ghana’s capital Accra on Thursday for a summit on the continent’s prosperity agenda. Dubbed the “Africa Prosperity Dialogue Series” participants have been discussing how Africa can achieve deeper economic integration between different states. Ghana is the host nation of the AfCFTA (The African Continental Free Trade Area) Secretariat, which is spearheading an agenda… Read More
Africa Investments 

Feed Africa Summit: African Development Bank to commit $10 billion to make continent the breadbasket of the world

The African Development Bank Group, will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Bank Group President, Dr Akinwumi Adesina, announced Wednesday at the Dakar 2 Africa Food Summit in Diamniadio, east of the Senegalese capital of Dakar. Adesina called on… Read More

Up to 6 million birds are on the verge of dying in Western Kenya

Farmers in Kisumu County claim that the red-billed quelea bird population has exploded there, ravaging 300 acres (120 hectares) of rice. To the satisfaction of the farmers, the ministry of agriculture authorised spraying of avicide “West Kano alone is producing 5,000 metric tonnes (of rice) but three-quarters of that is consumed by the birds and I know that our farmers… Read More

Liberia: Investigation faults national agency protecting rainforest

An independent investigation into logging in the Liberian rainforest found illegal operations “on a significant scale,” with multiple missteps or breaches of law by the Forestry Development Authority, the government agency charged with protecting those forests, according to a copy of the report obtained by The Associated Press. The report was completed in 2020 but has never been made public despite activists’… Read More
Africa West Africa World 

France recalls ambassador to Burkina Faso ahead of pulling out troops

Burkina Faso, is still battling an Islamist insurgency but said it wants to do it by itself. France has about 400 special forces based in Burkina Faso to help local forces battle the Islamist insurgency. For some time now there have been agitations over France’s military presence in Burkina Faso. Critics complain the presence of the troops has not improved security… Read More

Opposition activists march in Johannesburg denouncing SA’s energy crisis

Hundreds of opposition activists took to the the streets of Johannesburg in South Africa on Wednesday (Jan. 25) to demonstrate against the energy crisis causing record power cuts in the country. The activists, from the opposition’s Democratic Alliance, marched towards the headquarters of the ruling ANC party. “Enough is enough we want our power back”, demanded web developer Justin van Leeuwen.… Read More