Business > Africa

Decline slows for Libyan oil losses

8 hours ago   |   Energy Voice

Libya's production has fallen to 122,430 barrels per day as of February 23, the country's National Oil Corp. has said. Output has fallen as a result of blockades on ports and...
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Africa Energy signs farm-out in South Africa

10 hours ago   |   Energy Voice

Africa Energy has signed farm-out agreements on Block 2B offshore South Africa, with Panoro Energy and Azinam. Azinam will take a 50% stake in the block, while Panoro will take...
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Kosmos to pay out dividend, plans energy transition shift

1 day ago   |   Energy Voice

Kosmos Energy has reported a net loss of $36 million for the fourth quarter of 2019, although free cash flow reached $139mn for the period. The company reported a...
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AFC steps up to support Djibouti's first renewable project

1 day ago   |   Energy Voice

Africa Finance Corp. will invest $63 million in a 63 MW wind project in Djibouti's Ghoubet area, which should begin commercial operations in 2021. AFC said it had been involved...
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Sasol's Lake Charles pain continues

1 day ago   |   Energy Voice

Scrapping its dividend, Sasol laid out a tough set of results with earnings down 72% at 4.5 billion rand with its Lake Charles project in the US continuing to drag the South...
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ADM lines up increased stake in OML 113

1 day ago   |   Energy Voice

ADM Energy has struck a deal to buy a 2.25% stake in Nigeria's OML 113 from EER for $3 million in shares and cash. ADM hired Osamede Okhomina in mid-2019, who served as vice...
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The new world's largest electric vehicle is a 290-ton dump truck that will soon begin testing in Africa

The new world's largest electric vehicle is a 290-ton dump truck that will soon begin testing in Africa

2 days ago   |   Business Insider

Anglo American , ENGIE, and Williams Advanced Engineering are working together to create the world's largest electric vehicle: a hydrogen-powered mining truck. Anglo American...
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Joe Biden says he was arrested in South Africa on a visit to see Nelson Mandela. He has never mentioned the arrest before

Joe Biden says he was arrested in South Africa on a visit to see Nelson Mandela. He has never mentioned the arrest before

2 days ago   |   Business Insider   |   2 articles

Former Vice President Joe Biden is telling a story on the campaign trail about being arrested in South Africa, but there's no record of him mentioning the arrest before...
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Hawk Eye on South Africa v Australia Second T20: Smith the coming man in short format

Hawk Eye on South Africa v Australia Second T20: Smith the coming man in short format

3 days ago   |   Betfair   |   2 articles

Ed Hawkins says the emergence of the No 3 as a force makes the tops batsman market harder to call ahead of game two in Port Elizabeth...
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Pompeo talks energy and corruption in Africa

4 days ago   |   Energy Voice

US Secretary of State Mike Pompeo has wrapped up a trip to three African states this week, where he noted the importance of deepening trade ties and the struggle against...
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How Netflix calculates its new daily top 10 lists of its most popular movies...

How Netflix calculates its new daily top 10 lists of its most popular movies and TV shows

This week, Netflix introduced daily top 10 lists of its most popular shows and movies, which will be included in new rows on the service's interface. A person with direct... Read more ...

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$4 billion startup TripActions is taking on $500 million in debt to launch a...

$4 billion startup TripActions is taking on $500 million in debt to launch a new product that helps customers finance their business trips

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Kobe Bryant's wife Vanessa Bryant delivered a tearful eulogy for her daughter Gianna "Gigi" Bryant during a memorial held at the Staples Center in Los Angeles Monday. Vanessa... Read more ...

New Samsung Galaxy Fold 2 release date, price, spec and latest rumours

New Samsung Galaxy Fold 2 release date, price, spec and latest rumours

Samsung was way ahead of the game when they announced the market's first foldable phone in February 2019, following years of speculation, rumours and excitement. However when... Read more ...

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Trump says the stock market is 'starting to look very good' after the Dow plunged over 1,000 points amid coronavirus fears

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A public memorial for Kobe and Gianna Bryant was held at Staples Center in Los Angeles on Monday. The tribute included speeches from Vanessa Bryant, Jimmy Kimmel, Michael... Read more ...