Africa

Rwanda is planning to construct a new petroleum storage facility that will have capacity to store 21 million liters – a move that will help boost the overall national reserve that currently stands at 30 million litres.  ...

  African Minerals, an iron ore mining company is in the process of temporarily closing down its business in Sierra Leone due to insufficient working capital as Ebola struck.   The company has so far this year experienced...

  Coal Ventures Ltd (ICVL) has announced receiving the first shipment of coal from central Mozambique at the port in Visakhapatnam in eastern India.   The news of the shipping to the Indian state-owned International Company comes after...

  South Africa’s economy has grown by a commendable percentage of 1.4 percent in the third quarter after the end of a five month platinum mines strike.   According to the statistics office report, there was a 0.5...

  The Ministry of Energy in Kenya has announced that it has prequalified three firms to advance to the Request for Proposals stage (RFP) for coal mining at the Mui Coal Mines in Kitui. The stage is the...

  Sudan has Sunday this week announced a 64-tons increase in gold production this year down from 34 tons in 2013, which means important advance in exploitation of gold and minerals in the country.   Sudanese minister of...

  East Africa is now becoming a hotspot for gas exploration, replacing Nigeria with large volumes of oil and gas being discovered in the region majorly in Mozambique, Tanzania, Kenya and Angola.   The Managing DirectorChief Executive, Total...