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Botswana: Miner to produce 420,000 carats of diamonds in 2014

Canadian miner Lucara Diamond, with operations in Botswana and Lesotho, is optimistic that operational performance in its Karowe mine in Botswana

Nigeria: World Bank, AfDB, French, Japanese agencies to fund water projects in Nigeria

The World Bank, the African Development Bank (AfDB), French Development

Libya: Oil production resumes at al-Fil, Western Libya

Oil production has resumed at the oil field of al-Fil (Western Libya) after nearly two months of blockage by protesting groups, an official of the Libyan national oil company (NOC), Mohamed al-Harairi, said on Wednesday.

Cameroon: New hydroelectric dam to be built in Cameroon

Cameroon plans to build a new dam and hydroelectric plant, with 75MW capacity at Bini Warak, in the region of Adamaoua, in the northern part of the country

Botswana: First underground gold mining begins in Botswana

Botswana’s gold producer, Galane Gold, has kicked off the first ore mining from it Tau deposit in the northern part of the country, a development expected to enhance the company’s

Gambia: Economic activity expected to expand in 2014

Economic activity in The Gambia in 2014 is expected to expand to around 6.0-6.5 per cent on the back of robust growth in tourism and agriculture, according to Central Bank’s

Mauritius: Four countries jostle to host Maritime Centre

Four countries have announced their willingness to host the Maritime Information Fusion Centre that will soon be established in South-West Indian

Nigeria: Nigerian, Chinese firms partner to set up N10b plant in Nigeria

A global conglomerate, Kewalram Chanrai Group, is to set up a 10 billion naira (US$62 million) automotive assembly plant to produce the Foton range of

Mauritius: African, SIDS countries discuss fossil fuel, renewable energy in Mauritius

About 26 policy makers from 10 island-States, mostly from the Indian Ocean, are participating in a capacity development workshop on fossil fuel and

Togo: WADB grants Togo 5b CFA Francs loan for access to credit

The West African Development Bank (WADB) has granted a 5-billion-CFA francs (US$10.6 million) loan for part financing of a project to provide access

Cote d’Ivoire: Africa’s largest lender, Standard Bank, eyes Francophone Africa

Africa's largest lender Standard Bank has said it plans to use its presence in Cote d'Ivoire to expand its service offering across the rest of Francophone Africa which, the lender believes, is poised to experience an investment

Zambia: Depreciation of Zambian Kwacha attributed to high demand

The Zambian central bank has attributed the weakening of the Kwacha against major currencies, during the first quarter of 2014, to high demand due to higher
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