Oil prices hover near 4-month highs as Russia sanctions stay in focus
By Trixie Sher Li Yap A view shows Chao Xing tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo Purchase Licensing RightsPrices ease after rising close to 10% since the start of the year Markets eye US data releases this week
Africa: Ivory Coast wants bigger share of its mining boom
Staff Writer, Agence France-Presse (AFP) FILES) A worker walks at a gold mine in northern Ivory Coast on October 24, 2011. A major cocoa producer, Ivory Coast in recent years has tapped into its rich underground potential, leaning into oil and gas production and investing in a booming mining industry. With key discoveries of raw materials
Egypt completes trial run of new Suez Canal channel extension
By Reuters Ships are seen from a plane window, passing through the Suez Canal, Egypt, March 23, 2024 REUTERS/Mohamed Abd El Ghany/File Photo Purchase Licensing Rights CAIRO, Dec 28 (Reuters) – Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from
Nolo Phiri launches ‘Leading Ladies’, to empower South Africa’s women in entertainment
Staff Writer, Bizcommunity.com Leading Ladies will feature insightful discussions with prominent women in South African television Nolo Phiri, an influential figure in South African entertainment and a trailblazer in empowering young creatives, is set to launch a groundbreaking project: Leading Ladies, a 10-part roundtable series in celebration of South African female industry leaders.“This new project represents
UAE seeks investment deals in Uganda
Bernard Busuulwa The UAE is focusing on increasing foreign direct investment and bilateral trade with Uganda The United Arab Emirates (UAE) is pursuing new business opportunities in Uganda, with at least 20 Dubai-based companies seeking investment deals in manufacturing, real estate, healthcare, technology, oil and gas, textiles and agricultural sectors, despite concerns about the competitiveness
Investing in South African real estate: Top locations for buyers and investors
Staff Writer, Bizcommunity.com Property prices in Pretoria have risen by 91% from 2010 to 2022, outpacing Johannesburg’s 71% South Africa’s property market offers a vibrant mix of urban excitement and coastal tranquility, making it a prime opportunity for new buyers and seasoned investors. While Cape Town often steals the spotlight, other cities like Johannesburg are gaining