Company News

The federal government is set to stiffly penalise offenders of gas flaring in the country, after several years of leaving it at a meagre fine of N10 per thousand standard cubic feet of gas flared by oil companies in the country.

In the position paper titled “Telco: Investment, Innovation and Competition in ICT Infrastructure”, Huawei said the development trends of ICT as observed around the globe and their potential social economic development spurred by ICT.

Chinese Standard Gauge Railway (SGR) contractor launches water project in Kenyan county and many residents benefit from it.

CBZ Holdings, Zimbabwe’s largest diversified financial services group, believes the economy has reached a point where a change in the direction.

The amount of foreign currency in Kenyan banks has risen considerably by embracing the Chinese yuan.

China National Petroleum Corporation says that it will spend $2.38bn to secure the financing required for the execution of the Ajaokuta-Kaduna-Kano pipeline project.

A huge cement plant has come up in the vast desert in just two years and it is located on about 120km away from the Egyptian capital city of Cairo.

Management of Olam Ghana, a leading agri-commodity company in Ghana, urged to consider going into chocolate production to increase domestic value-addition.

Simbisa Brand is a Zimbabwe Stock Exchange-isted (ZSE) fast foods operator,which is exploiting Nando's market.