MTN, Africa’s biggest mobile operator by subscribers, aims to add 20 million new users in 2010 after 2009 earnings were depressed by currency movements despite strong growth in key markets Nigeria and Iran.
Posts under ‘Economy’
Victoria Oil signs 14 Cameroon gas offtake deals
Victoria Oil and Gas has signed offtake agreements with 14 Cameroonian firms for gas from its Logbaba project, due to begin production later this year, a company official told Reuters on Friday.
S.Africa’s rand edges up, stocks seen up
South Africa’s rand edged higher in early trade on Monday, buoyed by stronger gold prices and as rising global shares pointed to renewed investor appetite for risk, which should also help lift local stocks.
IMF restores Zimbabwe voting rights
International Monetary Fund member countries agreed unanimously on Friday to restore Zimbabwe’s voting rights after a seven-year suspension, a step toward normalizing relations with major donors.
Le Gabon confirme l’interdiction d’export de bois en grumes
Le Premier ministre gabonais, Paul Biyoghé Mba, a confirmé l’interdiction d’exporter le bois en grumes, tout en promettant des mesures d’accompagnement lors d’un forum sur la gestion forestière lundi à Libreville.
La Banque africaine de développement s’installe à Alger
Dans le cadre d’une politique de décentralisation, la BAD, Banque africaine de développement, ouvre des bureaux à Alger.
Kenya, Anadarko sign oil exploration deal: paper
- Kenya and Anadarko Petroleum Corp have signed an oil and gas exploration agreement for five offshore blocks in the east African nation’s Lamu Basin, a newspaper said on Saturday.
Kenya Airways cargo volume up 9 pct in Oct -Dec
Kenya Airways said on Friday its cargo business grew by 9 percent and the number of passengers shuttled within Africa rose by a similar
Shell va vendre une partie de ses actifs au Nigeria à un consortium
Le géant pétrolier anglo-néerlandais Shell a annoncé vendredi qu’il allait vendre une partie de ses actifs au Nigeria à un consortium mené par des groupes locaux, et dont est également membre le groupe français Maurel & Prom, pour un prix non précisé.
Zimbabwe’s PM asks investors, donors to return
Zimbabwe’s Prime Minister Morgan Tsvangirai said he believed the process that led to creation of a unity government last February is irreversible