Company News

Koforidua, Oct. 22, GNA - Newmont Akyem Mines is to spend $ 6 million this year to acquire goods and services in the Birim North District where the mine operates.

London--Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their power sector assets

ORANGE has invested US$33 million in modernisation and expansion projects to enhance the reliability, coverage and network quality following its acquisition of Orange Sierra Leone.

Morocco’s telecommunications company, Maroc Telecom, has invested nearly €6 billion in the last decade for infrastructural modernization projects and the improvement of the quality of its services in Africa, reported Maghreb Arab Press (MAP).

Millicom International Cellular S.A. ("Millicom")last Friday announced the completion of the transaction announced earlier this year with Bharti Airtel Limited ("Airtel"), the parent company of Airtel Ghana, to combine their operations in Ghana.

Zuckerberg-backed start-up, Andela, has raised Sh4.1 billion to boost IT talent in three African countries including Kenya through South Africa-based CRE Ventures.

Uganda has awarded Oranto Petroleum Limited (OPL) from Nigeria two licenses for petroleum exploration, development and production for the Ngassa area.

Windhoek — Paratus, the fastest growing and also the largest privately owned Pan African telecoms operator, has reaffirmed its position on the continent. The company is fast expanding and is now fully licensed in 22 African countries.

Nkurenkuru — Residents of Kavango West will no longer need to travel to Rundu for MTC services as the company has opened a mobile home in Nkurenkuru.