Ruto wants to place Kenya at heart of future Cape-to-Cairo free trade zone
The Kenyan president has proposed that his country host the headquarters of the proposed Tripartite Free Trade Area, which, once three more states ratify a deal struck in 2015, will group 29 African countries.
Knowledge Katti set to make a killing on TotalEnergies and Shell Orange Basin discoveries
The intuition of Namibia's best-connected businessman, Knowledge Katti, could make him one of the country's richest people. He has positioned one of his firms in the heart of the promising blocks in the Orange Basin.
ENI queues up for slice of Namibian oil and gas bonanzaSouthern Africa and gas
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Southern Africa progresses towards the start of gas production
As a future gas production zone, South Africa, Mozambique and Namibia carry the hopes of the super-majors Total, ENI and ExxonMobil. They represent a new opportunity for investors as Africa's traditional oil and gas-producing countries are increasingly struggling to maintain production.
Harare acts to get back on the lucrative Durban-Copperbelt freight route
The opening of the Kazungula Bridge, which connects Zambia to Botswana, has robbed Zimbabwe of its status as a key gateway between the port of Durban and the Copperbelt. Deprived of significant revenue, Harare is preparing its counter-attack with the help of a handful of bankers.
Canadian junior ReconAfrica falls from grace
After having risen to more than $9 in June 2021, the price of shares in the small Canadian company, which is active in Namibia and Botswana, has recently collapsed. It looks like the grace period it had been enjoying - to the great annoyance of its competitors - is finally over.
Windhoek's green hydrogen hopes dashed in Washington
When African leaders attended a summit meeting in Washington earlier this month, Namibian President Hage Geingob and his ministerial entourage highlighted his ambition to turn his country into a major exporter of green hydrogen. But unlike Europeans, his hosts seemed less than enthusiastic.
Lychee trade hit by corruption allegations
Madagascan lychee exporters have lodged a complaint against the local branch of Transparency International, which has accused them of corruption. The affair, in which France's Compagnie fruitière and the Belgian firm Greenyard are implicated, is being followed closely by Western embassies.
Ralph Muyamba shakes suspicions in Windhoek to start afresh in Gaborone
The former ministry of mines adviser at the heart of a corruption scandal in the Namibian government has created a mining exploration firm in Botswana. He set the business up with his brother, already an active mining investor in Namibia.
Namphos tries again to win approval for marine phosphate mining project
After several years of legal wrangling, the Omani-Namibian company is trying again to obtain approval from the Namibian authorities for its unique marine phosphate extraction project, despite opposition from the fishing community and other business interests in Walvis Bay.
Bertolino Miranda Ferreira to take up military attaché duty in Maputo
After three years coordinating Portugal's contribution to combating the insurrection in Cabo Delgado, the navy commander Paulo Gonçalves da Silva is preparing to make way for the air force officer Bertolino Miranda Ferreira at Portugal's embassy in Mozambique.
Forsys Metals aims to double uranium mining licences
Canadian mining junior Forsys Metals, which has been established in Namibia for more than 15 years, is looking to expand its uranium mining activities in the country. It has applied for a second mining permit in the belief that yellowcake prices will rise in future.
Lithium: Xinfeng Investments has narrow escape in Windhoek
The Chinese company Xinfeng Investments, which is involved in lithium exploration in the Erongo coastal region, has won its court case against the director of the Namibian business authorities. The latter had accused it of fraud in the acquisition of a new licence.