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China’s launches first aircraft carrier in service

September 26, 2012

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China’s launches first aircraft carrier in service Philippine Daily Inquirer BEIJING—China put its first aircraft carrier into service on Tuesday, in a show of strength that came as territorial disputes over strategic islands in the region escalated. China is locked in a row with Japan over Tokyo-controlled islands in the East China Sea, where the […]

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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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India’s government allows foreign airlines to buy up to 49 percent stake and opens up retail sector to foreign investment

September 17, 2012

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India’s Foreign Direct Investment in aviation: Moving to the next level India Brand Equity Foundation NEW DELHI- In a bid to infuse liquidity in the civil aviation industry, the Indian government relaxed the Foreign Direct Investment (FDI) norms in the sector by allowing foreign airlines to buy up to 49 per cent stake in local carriers. […]

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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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Has Mitt Romney affected US foreign policy with Russia? President Vladimir Putin: I’m ‘grateful’ to Romney for proving me right about missile defense

September 13, 2012

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President Vladimir Putin: I’m ‘grateful’ to Mitt Romney for proving me right about missile defense Putin said yesterday that Romney’s latest comments about Russia as the US’s ‘geopolitical foe’ validate the Kremlin’s resistance to American plans for a missile defense system in Europe. By Fred Weir | Christian Science Monitor President Vladimir Putin has lashed […]

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Kosovo declared ‘fully independent’

September 12, 2012

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Kosovo declared ‘fully independent’ BBC News Western powers overseeing Kosovo have announced the end of their supervision of the tiny Balkan nation. Kosovo had been overseen by a group made up of 23 EU countries, the US and Turkey since 2008, when it unilaterally declared independence from Serbia. US President Barack Obama said Monday marked […]

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Somalia’s new parliament elects president- Africa’s beautiful eastern oil nation is rebuilding

September 10, 2012

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Somalia’s new parliament elects president Somalia on Monday began electing a new president, in what the UN has billed as a key step towards restoring peace in a nation that has lacked an effective central government for two decades. UPI MOGADISHU– Somalia’s Parliament met Monday to select a new president in the country’s latest step […]

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