Tullow Oil shares rise despite fault at Ghana oil field
Africa-focused oil producer Tullow Oil said yesterday that it would have to lower its production outlook due to a technical fault that has forced...
African passport in July 2016 – AU
Africa will have its own passport from July 2016.
The move is to enable easy movement of Africans within the continent.
The move will see all...
Interest rates and gold
It is commonly assumed that the gold price and interest rates move in opposite directions. In other words, a tendency towards higher interest rates...
Gold posts 1st weekly gain in a month
Gold posted the first weekly gain since early March as global economic-growth concerns boosted the metal’s appeal as a haven asset. Gold jumped 1.1...
Anadarko announces $1bn Tender Offer of its 6.375% Senior Notes Due...
New York Stock Exchange-listed Anadarko Petroleum Corporation announced Friday April 8, a tender offer to purchase for cash up to $1.0 billion in aggregate...
Puma Energy starts Ghana operation
Puma Energy, the global mid and downstream energy company operating in 47 countries across five continents, is officially operating in Ghana. In partnership with...
Goldcorp, Probe Metals enter deal
New York Stock Exchange- and Toronto Stock Exchange-listed Goldcorp Inc. has announced that it has entered into an agreement with Probe Metals Inc., pursuant...
Africa’s $30bn rail renaissance holds ticket for trade
On a sweltering Kenyan morning on the outskirts of a national wildlife park, Chinese and local workers maneuver a massive concrete rail-bridge structure onto...
