Tensions are rising around a RioZim Limited gold mine as the mining corporation fights Mugabe’s ministers in court over control of the mine. Earlier this month, RioZim went to court against Mugabe’s Tourism Minister Walter Mzembi, who had taken control of RioZim’s Renco …

Feb. 12 – African economic growth is attracting more businesses to the continent than ever, and these businesses are bringing with them new opportunities to treat many of the chronic diseases causing trouble for Africa’s middle class. Sanofi, an international pharmaceutical company based in France, …

Feb 7 – “The core message about the continent today is that Africa is rising.”That was the view of Bernard Sheahan, director of Infrastructure and Natural Resources for Africa and Latin America at the International Finance Corporation (IFC), speaking at the last day of the …

Feb 7 – The African Development Bank (AfDB) announced on Wednesday it is working on a geothermal development program for Africa. Alongside ventures such as the 400 MW geothermal development project under implementation in Menengai, Kenya, the AfDB is working on a series of small-scale …

Feb 5 – As part of its US$75 million 4Afrika initiative that launched today, software giant Microsoft and Chinese telecommunications developer Huawei unveiled a new Window’s phone “designed specifically for Africa.”The new phone – Huawei 4Afrika – is the first release in a series of …

Feb 5 – Azuri, the developer of Indigo pay-as-you-go solar power for off-grid markets, has secured US$1.57 million (approximately 14 billion rand) working capital loan from banking giant Barclays to accelerate the deployment of its Indigo home solar systems into sub-Saharan Africa.The four year term …

Jan 30 – Asad, a short film written and directed by commercial director Bryan Buckley of Hungry Man Films, received an Academy Award nomination this month landing it one step closer to film industry’s highest honor: an Oscar.  Asad centers on the title character, a …

Jan 28 – Africa Finance Corporation (AFC), an African-led international financial institution, announced it has reached an important milestone today by launching a project development facility (the Facility) with the Dutch Development Bank – The Nederlandse Financierings-Maatschappij voor Ontwikkelings Landen N.V (FMO).  According to the …

Jan 28 – In light of recent discrepancies, an exclusive R1.25bn contract for Edison Power to supply electrical meters to the city of Johannesburg is under intense scrutiny right now, reports Times Live. Edison Power is owned by Durban businessman Vivian Reddy, a known …

Jan 25 – If the world needed any more proof that Africa was on the rise, it seems the reactions from the World Economic Forum this year may be enough to tip the scales.Africa has often been referred to as the final frontier market as …