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TerraCom takes major stake in Universal Coal

PERTH– ASX-listed TerraCom has taken a 19.9% stake in South Africa-focused coal miner Universal Coal, in a deal worth A$34.6-million. TerraCom on Wednesday said that it...

Fastjet to Consolidate African Strategy After Growth in Zimbabwe, Mozambique

HARARE -Low cost airline, fastjet, says it is to expand its African footprint following robust growth in Zimbabwe and Mozambique during the year ended December 31,...

500,000 Children at Risk of Dying of Hunger in Somalia

Catastrophic hunger levels in Somalia have left more than 513,000 children at risk of dying, 173,000 more than during the 2011 famine, UN humanitarians...

USD10.2 Million Required for Response to Lebanon Cholera Outbreak

The World Health Organization (WHO) said on Saturday that 10.2 million U.S. dollars are required for public health-related response to the ongoing cholera outbreak...

AfDB Loans Morocco USD195 Million to Boost Cereal Production

The Board of Directors of the African Development Bank approved on Wednesday, 28 September 2022, in Abidjan a €199 million loan to finance Morocco’s...