London-based De Beers Group and Angolan state-owned companies have signed a memorandum of understanding (MoU) pledging to collaborate on opportunities to increase diamond production, to advance Angola’s alluvial mining sector and enhance social development for the benefit of the country’s citizens. To support these objectives, the MoU was inked between De Beers and Angola’s National […]
Zambia is hosting a two-day business summit in Lusaka this week to try to attract American investors to the country, in effort to diversify the economy and decrease dependence on extractive industries such as copper, according to Zambian officials. Moving away from dependence on extractive industries, which account for most of the country’s exports, is […]
Kenya Electricity Generating Company (KenGen) has signed an agreement to provide geothermal drilling services to state-run Ethiopian Electric Power (EEP). According to EEP CEO, Dr. Abraham Belay, Ethiopia had tried to venture into geothermal development as far back as 1981 but was yet to make a commercial breakthrough. The country has some geothermal drilling rigs […]
