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Uganda’s 50th Independence Day Celebration

October 9, 2012

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Uganda’s 50th Independence Day Celebration Uganda marks its Independence Golden Jubilee. Independence from the United Kingdom October 9, 1962 Zimbabwe President leaves for Uganda’s independence celebrations Xinhua HARARE– Zimbabwe President Robert Mugabe left Harare on Monday for Uganda to attend the 50th independence anniversary of the East African country, which was a former British colony […]

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China’s development path viewed as lesson for Africa

October 2, 2012

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China’s development path viewed as lesson for Africa Ronald Ssekandi, Yuan Qing Xinhua KAMPALA– Over the past 40 years, policies that have failed to promote progress in Africa by some donor countries and international organizations have prompted the continent to look for the other way for inspiration. African academicians and development experts are now turning […]

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Nigeria becomes second African country, after South Africa, to join JP Morgan Government Bond Index

October 1, 2012

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Nigeria becomes second African country, after South Africa, to join JP Morgan Government Bond Index-Emerging Markets Reuters Nigeria joined a key JP Morgan local currency government bond index on Monday, becoming the second African country after South Africa to be included in a widely followed index thanks to its improving liquidity levels. The west African […]

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Nigeria suspends Hajj flights over women deportation -The Hajj 2012

September 30, 2012

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Nigeria suspends Hajj flights over women deportation BBC News Nigeria has suspended all Hajj flights to Saudi Arabia after the authorities there deported more than 170 women who had arrived without a male escort. About 1,000 Nigerian women intending to make the Muslim pilgrimage to Mecca have been detained since Sunday. A Nigerian government delegation […]

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Africa week round-up: Sudan, South Sudan- China, Zimbabwe -ECOWAS and Mali

September 28, 2012

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Sudan, South Sudan sign agreements on cooperation, security in Ethiopia Xinhua ADDIS ABABA,– Sudan and South Sudan on Thursday signed three agreements of various issues at the conclusion of presidential summit between Sudan’s president Omar Hassan Al Bashir of Sudan, and Salva Kiir Mayardit of South Sudan in Addis Ababa, Ethiopia. The two presidents have […]

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China boosts Uganda’s road construction, unlocking economic potential

September 24, 2012

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China boosts Uganda’s road construction, unlocking economic potential   Xinhua BUNDIBUGYO, Uganda– Economic experts argued Uganda’s poor road network is one of the major bottlenecks to unlocking Uganda’s economic potential, while China’s engagement in the road construction is conductive to unleash the economic drive. Road transport is by far the most dominant mode of transport […]

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Mozambique-China cooperation project to create 2,000 jobs

September 21, 2012

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Mozambique-China cooperation project to create 2,000 jobs Xinhua MAPUTO– A 725 million U. S. dollars bridge under Mozambique-China cooperation was launched on September 20, 2012 by Mozambican President Armando Guebuza in the capital Maputo, with the project estimated to generate 2,000 jobs. This was announced by the project authorities on Thursday in the presence of President Guebuza, […]

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Ophir Energy has confirmed a sixth gas discovery in block R offshore Equatorial Guinea

September 20, 2012

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Ophir Energy has confirmed a sixth gas discovery in block R offshore Equatorial Guinea  Liquefied Natural Gas / LNG (natural gas) Offshore staff   LONDON – Ophir Energy (LN:OPHR) has confirmed a sixth gas discovery in block R offshore Equatorial Guinea. The Fortuna West-1 (R6) well, drilled by the semisubmersible Eirik Raude in 1,758 m […]

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Mozambique, Tanzania to be linked by railway line and Tanzania to review oil and gas contracts

September 18, 2012

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Mozambique, Tanzania to be linked by railway line   Xinhua   MAPUTO– Mozambique and Tanzania will be linked by a railway line which starts from the Tanzanian town of Mtwana in the south of the country to Mozambique, via Malawi, according to the Mozambican and Tanzanian governments.   The Mozambican and Tanzanian governments said they […]

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Chinese contribution to Zimbabwe’s economy lauded: President Robert Mugabe

September 14, 2012

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Chinese contribution to Zimbabwe’s economy lauded: President Robert Mugabe Xinhua HARARE — Zimbabwe President Robert Mugabe on Thursday applauded the Chinese for their contribution to Zimbabwe’s economy through infrastructure development. The Chinese are constructing a 300-roomed five-star hotel and shopping mall in Belvedere, a project worth over 200 million dollars. Mugabe told journalists after touring […]

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