Mining expected to support Namibia’s growth in 2023

The mining sector, particularly the diamond mining subsector, is expected to continue supporting growth in 2023, albeit lower when compared to a strong performance in 2022. The composite mining production index for September expanded by 6.1%, compared to an increase of 0.2% posted in August, according to the Namibia Statistics Agency (NSA). The production of

Nigeria: Probe of Emefiele’s FX deals pits Dangote against BUA

Two of Africa’s wealthiest men, Aliko Dangote and Abdulsamad Rabiu, and their respective firms, Dangote Industries Limited (DIL) and BUA Group, are at loggerheads barely two years after calling a truce. This time, allegations of anti-competition and FX concessions are at the centre of the renewed hostilities. There’s more to this story Get unlimited access

Ghana plans more flexible oil royalties regime to spur investment

ACCRA, Nov 16 (Reuters) – Ghana plans to introduce a more flexible oil royalties regime as soon as next year to spur investment and reduce risk for energy companies, the head of the state oil sector regulator said on Thursday. Egbert Faibille Jr, CEO of Ghana’s Petroleum Commission, told Reuters that the energy minister had

African Cinema Seeks Bigger Role On World Stage

Juliet Yaa Asantewa Asante, CEO of Ghana’s National Film Authority, sees the African movie industry barely scratching the surface of the continent’s potential Nipah Dennis Text size As a filmmaker and head of Ghana’s film agency, Juliet Yaa Asantewa Asante said she always had the same sense when attending international industry events: African cinema had

South Africa leads environmental sustainability rankings ahead of Nigeria, Kenya

The Middle East and Africa Environmental Sustainability Scorecard, a comprehensive evaluation of government and business initiatives, applauds South Africa’s commitment to environmental sustainability. Highlighting the environmental strides made by the continent, the report sheds light on the fact that many Middle East and African nations, though considered ‘latecomers’ to global sustainable development, are swiftly intensifying