Tullow Oil plc (Tullow) has acquired 90% stakes in four onshore blocks in Côte d’Ivoire. Petroci, the national oil company of Côte d’Ivoire, holds the remaining 10%. The four blocks - CI 518, CI519, CI301 and CI302 – cover 5,035 square kilometres and located on the coastline of Côte d’Ivoire mostly to the west of Abidjan.
Comsol, a telecommunications company backed by Nedbank, the Industrial Development Corporation and Andile Ngcaba’s Convergence Partners, will launch the first fifth-generation (5G) network in South Africa next month.
The company, based in Midrand in Johannesburg, will launch a trial 5G network, with live customers, in partnership with Internet service providers with a view to launching a commercial 5G network thereafter. Several high sites will be used for the trial, which will take place in Gauteng.
Djembe Communications, the pioneering pan-African communications consultancy, has announced the significant strengthening of its offering in West Africa as the firm acquires The One...
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have signed a landmark agreement to strengthen partnership at country level.
Both parties have...
The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 1 million Emergency Humanitarian Assistance to people affected by...
Business Groups in Ghana are sharply divided over the implementation of a controversial 3 percent Value Added Tax (VAT) Rate.
The reintroduction of the rate...
Tanzania's President John Magufuli has ordered the suspension of new mining licenses.The announcement was made in a statement from State House.
It also says that...
Ghana's black stars captain Asamoah Gyan has signed a two-year deal with Turkish club Kayserispor.
The Ghanaian striker joins from the Chinese side Shanghai SIGP,...
The role of agriculture in diversification of African Economies will be the major highlight of this year’s African Green Revolution Forum in September.
The five...
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
