News International

Wed,26Nov2014

International

Ghana gives Italy's Eni green light for $6bn offshore gas project

Ghana's government has given Italian energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points (OCTP) block, expected to begin production in 2017, it said on Monday.

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South Africa's Naspers launches sale of Swiss online retailer Ricardo

As it focuses more on emerging markets, South African firm, Naspers is selling its Swiss online retailer Ricardo in a deal potentially worth 300-400 million Swiss francs ($310-413 million).

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Ethiopian Airlines eyes African aviation liberalisation in 2015

Tewolde Gebremariam, CEO of Ethiopian Airlines, says heavy taxation and poor infrastructure, meant African carriers had not developed as fast as they shouldEthiopian Airlines hopes a decision to open up intra-African aviation routes will be fully implemented in 2015, the airline's chief executive said on Thursday.

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Nigeria: China Railway Construction wins $12 bn deal

Photo©ReutersChina Railway Construction Corp has signed a deal worth nearly $12 billion with Nigeria to build a railway along the West African nation's coast, Chinese state news agency Xinhua said on Thursday.

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Samsung expects squeeze in African growth

Samsung Electronics expects its recent stellar revenue growth in Africa to slow sharply this year as the continent begins to succumb to the delayed effects of global economic weakness.

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Fairtrade Focuses on African Farmers

Photo©Thorsten Futh/LAIF-REAFor Fairtrade to make a major difference, its involvement in strengthening grassroots rural organisations is key, alongside a concerted effort to raise agricultural wages.

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