Business

Addis Ababa– Government ministers from 19 African nations appealed on Wednesday for more international financing to help them tap the enormous potential of the continent’s rivers. They warned that funding was a major obstacle preventing […]

Johannesburg– Botswana has experienced remarkable growth in recent years, however, there is an urgent need to ensure that socioeconomic development is broad-based, says a new report. The report, ”Botswana: Future Prospects and the Need for […]

Nairobi– The price of fuel in the Somali capital, Mogadishu, has more than doubled in just two weeks, sources there told IRIN on Tuesday. Diesel – the fuel most commonly used by businesses and vehicles […]

Addis Ababa– Ethiopia’s government has been providing transport and food rations for thousands of illegal immigrants ordered to leave Djibouti by 15 September, the Ethiopian Ministry of Foreign Affairs told IRIN on Friday. ”We are […]

Nairobi– The Austrian government-controlled OMV oil company, operating in Sudan’s controversial oil fields, sold its interests this week to India’s oil and natural gas company, ONGC Videsh. OMV Company spokesman, Thomas Huemer, told IRIN the […]

Lagos– Nigeria has received a third U.S. warship donated under a security cooperation programme and is deploying ships to check unrest and crude oil theft in the Niger Delta, officials said on Friday. The ‘NNS […]

Ouagadougou– The 11 million population of Burkina Faso has grown poorer over the past five years, according to a new survey of living standards conducted by the National Institute of Statistics and Demography (INSD). The […]

Lagos– Crude oil from a ruptured oil pipeline caught fire, destroying farmland and polluting streams in the Ogoni area of southeastern Nigeria, residents said on Monday. Residents of Gio, a small Ogoni community 40 km […]