Business

Thu,21Jun2018

Business

Zimbabwe negotiating $1.5 billion guarantee with Afreximbank

Zimbabwe's President Emmerson Mnangagwa speaks after being sworn in at the presidential inauguration ceremony, Nov. 24, 2017. Photo: Ben Curtis/AP/SIPAZimbabwe is negotiating a $1.5 billion guarantee with Afreximbank to ensure foreign investors' funds are protected, central bank Governor John Mangudya said on Wednesday.

Read more...

West Africa to meet cocoa demand as other regions stagnate

May 31, 2011: farmer Issiaka Ouedraogo arranges cocoa beans on a cocoa farm outside the village of Fangolo,Ivory Coast. Photo: AP Photo/Rebecca BlackwellWest Africa is meeting an ever larger share of the world's booming demand for chocolate, as other cocoa-growing regions in the Americas and Southeast Asia see crops stagnate and farmers move into other areas, Cargill's Africa director said.

Read more...

'There is no pure protectionism': Benedict Oramah, president of Afreximbank

 

AFREXIMBANKThe Afreximbank boss talks to The Africa Report about state intervention, the importance of investing in export manufacturing, and lessons to be learned from Chinese industrial parks

Read more...

Zimbabwe's mining minister says lithium biggest draw

Nov. 24, 2017:  Zimbabwe's President Emmerson Mnangagwa leaves after the presidential inauguration ceremony in the capital Harare, Zimbabwe. Photo: Ben Curtis/AP/SIPAZimbabwe has the potential to be a leading producer of lithium, which has so far attracted more interest than any other of its minerals, Zimbabwe's new Minister of Mines and Mining Development Winston Chitando said on Tuesday.

Read more...

De Beers returns to South African roots with Kimberley exploration drive

A model displays a rare 10.10-carat blue diamond,  which is part of the De Beers Millennium collection. Photo: Vincent Yu/AP/SIPAAlmost 130 years after diamond giant De Beers emerged from mines around the dusty South African town of Kimberley, the company is going back to its roots with a clutch of exploration permits to prospect for gem deposits near the place of its birth.

Read more...

International miners join forces to fight Congo mining code

June 30, 2016: Congolese President Joseph Kabila waves as he and others celebrate independence for DRC in Kindu, Congo. Photo: .AP Photo/John BompengoInternational miners operating in Democratic Republic of Congo are mounting a coordinated campaign to overturn a new mining code that they say will stifle investment in the country, Randgold's chief executive told Reuters on Monday.

Read more...

U.S. to impose arms embargo on South Sudan

 

South Sudan President Salva Kiir attending the  swearing in of Rwandan Paul Kagame, Kigali Rwanda. Friday, Aug.18, 2017. Photo: Eric Murinzi/AP/SIPASources tell Reuters the United States is set to announce an arms embargo against South Sudan on Friday, ramping up pressure against President Salva Kiir to end a civil war that has killed tens of thousands of people.

Read more...

Subscriptions Digital EditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

HEALTH

SPORTS

BUSINESS

SOCIETY

TECHNOLOGY

COLUMNISTS

Music & Film

SOAPBOX

Newsletters

Keep up to date with the latest from our network :

subscribe2

Connect with us