Implats strike costs 2.4 billion rand

Impala Platinum has announced that an illegal strike at the Rustenburg operation will cost the company 120 000 ounces

Fitch revises Zambia outlook to negative

Fitch revised Zambia’s rating outlook to negative from stable on Thursday, citing concerns

Kenyan inflation slows to 16.7 pct in February

Kenya’s year-on-year inflation rate slowed to a lower-than-expected 16.69 percent in February

African Rainbow H1 earnings lifted by sales

African Rainbow Minerals, a South African diversified mining group, said on Monday its earnings increased by 24 percent as sales volumes

Madagascar: un projet d’hydroélectricité

African Petroleum says strikes oil off Liberia

African Petroleum Corp said on Tuesday it had made a significant oil discovery from its Narina-1 well

Nigeria inflation rises on fuel subsidy removal

Nigerian inflation was higher than expected in January, data showed on Monday

EU parliament approves Morocco agriculture trade deal

European Union lawmakers approved a new trade deal with Morocco on Thursday that will significantly extend duty-free sales of agricultural,

Mozambique: ENI découvre un gisement “géant” de gaz

La compagnie italienne ENI a découvert un nouveau gisement “géant” de gaz au large du Mozambique,

China rail company inks $1.4 billion contracts in Africa

A subsidiary of China Railway Construction Corp Ltd has signed two projects in Africa

Nigeria insurgency beginning to take toll on economy

An increasingly violent insurgency by Islamist sect Boko Haram in Nigeria’s economically

Maroc: Renault inaugure son usine de Tanger

Renault inaugure jeudi au Maroc sa nouvelle usine de Tanger,

Africa’s CEMAC zone to grow 6 pct in 2012: regional c.bank

The economies of Central Africa’s six-country CEMAC bloc will grow at an average of 6 percent in 2012,

Looming South African maize shortage

The government supported plan to export a large amount of maize surplus might lead to local silos drained

Egypt requests $1 billion loan: World Bank

The World Bank said on Thursday that Egypt has asked for a $1 billion loan