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WB Pours $545 Million In Cyclone Ravaged Comoros, Malawi, Mozambique, Zimbabwe

MAPUTO– The World Bank (WB) has mobilised over half a billion dollars in new resources to help people in Mozambique, Malawi, and Zimbabwe affected...

Botswana invites companies to manufacture Electric Vehicles and components

The Government of Botswana, through the Ministry of Investment, Trade and Industry (MITI) invites local and international companies with track records and relevant experience...

Broadcom in Talks to Acquire VMware for $60 Billion

Chip maker Broadcom Inc. is in talks to acquire cloud service provider VMware Inc in a $60 billion deal which would further diversify the...

MTN Plans R8bn Funding For Nigerian Expansion

JOHANNESBURG - MTN Group's Nigerian unit will be raising about R8 billion this year from a variety of sources including bank loans and bonds to expand...

Oil Falls Below US$64 on Saudi Oil Restart Prospects

LONDON - Oil fell below $64 a barrel on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restart of...