Business

US Congress votes to renew textile trade act with Africa

AGOA textiles US Congress Africa businessThe US Congress has voted to renew the African Growth and Opportunity Act (AGOA) and extend it by three years, just two months before its was set to expire

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Barrick Gold considers sale of African stake

barrick1Canadian mining group Barrick Gold has confirmed that it has been in discussions to sell a 74 per cent stake in African Barrick Gold to a Chinese company

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Leaders attend China-Africa summit

The next FOCAC will be hosted by South Africa. (Image source: FOCAC)The fifth Forum on China-Africa Cooperation (FOCAC), which was attended by six African heads of state, has concluded in Beijing, China

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New mining fund committed to investing in Africa soon

coal NitinKirloskarThe second New Africa Mining Fund (NAMF II) has said it will make its first investment in the African mining sector within three months

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Swedish funds found for African online film distributor

lappy  Elvert BarnesOnline distributor of African movies, Iroko Partners, has received US$2 million funding from a Swedish firm, which it has said it will use to take its service to cable and satellite TV partners in the US and Europe

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