Business

Mon,27Feb2017

Business

Asphalt plant shut down in Nigeria after residents protest over pollution.

People waling in a street in the city of Port Harcourt, Nigeria. Photo: SCHALK VAN ZUYDAM/AP/SIPAResidents in Port Harcourt, a harbour in Nigeria's oil-producing Niger Delta region, staged protests to complain about heavy air pollution blamed on an Asphalt factory.

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South Africa's Sibanye secures $2.65 billion finance for Stillwater deal

Sibanye Gold CEO Neal Froneman, left, rings the closing bell at the New York Stock Exchange, in an early photo from 2013. Photo:Mary Altaffer/AP/SIPASibanye Gold Ltd has secured a loan of $2.65 billion to support the acquisition of Stillwater Mining Company, the only US miner of platinum and palladium, the South African company said on Monday.

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Kenya declares drought a national disaster, seeks help

A Somali woman carries firewood back to the UNHCR's Ifo Extention camp outside Dadaab, Eastern Kenya. Photo: Jerome Delay/AP/SIPAKenya declared a national disaster on Friday (February 10) calling for aid to counter drought that is posing a major risk to people, livestock and wildlife.

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Nigeria aims to present reform plan this month for $1bn World Bank loan

Pedestrians shop in Balogun market ahead of Christmas celebrations in Lagos. Photo: Sunday Alamba/AP/SIPANigeria wants to borrow at least $1bn from the World Bank to help haul it out of recession and plans to present the required economic reform proposals to the lender this month, officials and diplomats told Reuters.

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Nigeria's biggest airline Arik Air goes into receivership

Arik Air's cabin crew members stand in front of a new Boeing 737-700. Photo: Ted S. Warren/AP/SIPANigeria's Arik Air is in receivership due to its inability to pay workers and creditors, prompting the government to take control of the country's biggest airline, state-owned "bad bank" AMCON said on Thursday.

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Kenyan court says closing Dadaab refugee camp would be unconstitutional

In this photo, Somali refugee, Madino Dhurow, who was repatriated to Somalia from Kenya's Dadaab camp, stands by her makeshift shelter in the Daryeel camp in Mogadishu, Somalia. Photo: Farah Abdi Warsameh/AP/SIPAA Kenyan court said on Thursday it would be unconstitutional for the government to close a sprawling refugee camp housing mostly people who have fled unrest in neighbouring Somalia.

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Bringing together investors with AFSIC

AFSIC Logo100x140 

Bringing together investors with AFSIC
Rupert McCammon, Founder and Managing Director of the Africa Financial Services Investment Conference (AFSIC), highlights key elements of the upcoming AFSIC 2017.

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