Club Africa

Growth, natural resources, tourism: reasons to invest in Mozambique

Mozambique is one of Africa’s growing economies, with tourism, with oil and gas reserves and other natural reserves. A good investment target.

Google to open an AI research lab in Accra, Ghana

Google will open an artificial intelligence (AI) research center in Accra, Ghana. The centre, Google’s first on the African continent, will open later this

Green light for Nigeria’s 39-year old steel factory

It never managed to be productive, as it was hurt by repeated stops and starts, ownership changes, poor governance and other troubles.

Cashews to boost the economy of Mozambique

Mozambique is banking on cashew nuts to boost the country’s economy. The government is seeking to revive the cashew nut industry.

Africa’s Hotel sector booming – but not all countries benefit

The report explains that the African hotel sector “still faces challenges that keep undermining its true potential.

DRC may OK oil exploration in protected national parks

The government of Democratic Republic of Congo’s (DRC) may decide to allow oil exploration in regions that are currently part of two Unesco-listed parks.

Gabon’s answer to need for diversification: palm oil

But with oil prices plummeting and reserves declining, oil-producing company Gabon was looking for a new source of income.

China’s yuan may become Africa’s reserve currency

Africa’s central banks are considering the possibility of choosing the Chinese yuan (Renminbi) as one of their reserve currencies.

First African LTE network completed: fast internet for Rwanda

Rwanda has completed a new, nationwide LTE mobile phone network that offers high-speed wireless broadband service to 95 percent of the people.

Rail project to support economies of Tanzania, Malawi, Mozambique and Zambia

Tanzania has invited firms to bid for the design of the railway line that will connect sea port Mtwara to landlocked Zambia, Malawi and DR Congo.

Ghana can now pay in Bitcoin

Ghana businesses and individuals can now pay and get paid in bitcoins in deals with the rest of the world, thanks to BitPesa’s digital payments platform.

Equatorial Guinea is creating a gas megahub

Equatorial Guinea will construct a natural gas megahub project that will better connect offshore production and onshore processing facilities.