Cancellation

Dorsey, CEO of Twitter, cancels the trip to…

Twitter’s chief executive Jack Dorsey on Friday said he is rethinking plans to spend as long as six months in Africa, partly due to concerns over the new-coronavirus epidemic. The news came with Dorsey facing…

Power outage

Power outages are dragging South Africa back into…

Nationwide power cuts are blamed for pushing South Africa’s economy, the continent’s most industrialized, into recession, according to official statistics released Tuesday. The South African economy shrank by 1.4% in the fourth quarter of 2019…

Energy

Africa Energy Forum 2020 to address Sustainable Development…

The 2020 Africa Energy Forum (aef) (Africa-Energy-Forum.com) will welcome Chairwoman Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All (SEforALL) and Co-Chair of UN-Energy, to officiate the opening sessions.…

Libya Oil and Gas

Libya’s Oil in Focus as United Nations Hosts…

The United Nations began holding a Cairo conference to discuss Libya’s economy, about three weeks after a blockade of ports sent the OPEC nation’s oil production tumbling to its lowest level since the 2011 civil…

Opec oil and gas

OPEC Committee Recommends Fresh 600,000bpd Oil 

With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set up by the Organisation of Petroleum Exporting Countries (OPEC) and its allies have recommended a…

Cash-strapped Cell C to renew deal with Sharks

Cell C, which has defaulted on almost R3bn of debt, said on Wednesday it had renewed its sponsorship agreement with Sharks Rugby. “Our sponsorship over the last six years has proven exceptionally valuable as a…

South Africa Airways cancels flights in bid to…

Beleaguered national airline South African Airways (SAA) announced on Tuesday it was cancelling 10 domestic and one international flight in an effort to streamline services and save cash. The cash-strapped airline was last month placed…

South Africa: ESKOM board chair resigns

The board chair of South Africa’s electricity company Eskom, resigned on Friday after failing to keep his promise to stop the load shedding that is hampering the country’s growth, the South African presidency announced. This…

Ethiopia first satellite

Ethiopia celebrates launch of first satellite

Ethiopia launched its first satellite on Friday, a landmark achievement for the country's space programme that caps a banner year for the African space industry. The launch of the Ethiopian Remote Sensing Satellite (ETRSS) took…