Ghana, Africa’s biggest gold producer, has launched its first-ever refinery after centuries of mining of the valuable commodity, in a bid to reap more value from its abundant natural resources. The Royal Ghana Gold Refinery is set to refine 400 kilograms of gold a day, sourcing the raw material primarily from artisanal and small-scale mines, […]
The Nigerian National Petroleum Company (NNPC) Ltd, Africa’s biggest oil producer, has signed a memorandum of understanding (MoU) with a Norwegian company to build a floating LNG plant in the West African country to boost its domestic supplies and exports. Nigeria’s state oil giant has inked the MoU with Golar Liquefied Natural Gas Energy (GLNG) […]
The African Development Bank (AfDB) has approved about $300 million to finance trade and economic development in the Common Market for Eastern and Southern Africa (COMESA). The $300 million support facility for the Eastern and Southern African Trade & Development Bank (TDB) was announced on Wednesday. According to AfDB, the COMESA regional trade and project […]
