Mozambique: How Total plans to protect its US$15 billion major gas project

Despite the armed insurgency that has been plaguing Mozambique since 2017, Total intends to continue its major gas project there. It trusts the authorities to ensure its safety, in return for a solid financial contribution.
File photo of a electricity substation
15% of communities without electricity would be covered – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has assured that all the communities in Ghana without electricity will be covered before the end of his second term in office.
Equity Group Holdings has been allowed to merge two DRC banks that it acquired( NMG)
Equity gets approval to merge DRC subsidiaries into new bank branches
Equity Group Holdings has received regulatory approval to merge Equity Bank Congo (EBC) and Banque Commercial du Congo (BCDC) to form DR Congo’s second largest lender by assets.
Nigerian President Muhammadu Buhari signs the AfCFTA ( AFP)
Africa’s 1.2b market to go live amid uncertainty over tariffs and trading blocs
African businesses are gearing up for the opening of the 1.2 billion people market, amid challenges on tariff concessions, rules of origin and trade in services.
Nigeria’s private-sector credit growth slowed in November 2020
Nigerian lending slows as battered economy dents demand
Nigeria’s private-sector credit growth slowed in November to the lowest level since April, when the measure shrank by a record 61%.
The country’s first electric motorbike company now has about 7,000 drivers in line for its vehicles
East Africa’s electric motorbikes are fueling a carbon-free future
When Rwanda’s president said last August that he wanted all of the country’s motorbikes to be electric as soon as possible, Ampersand’s waiting list exploded.
The purchase will be done in the open market on December 30, 2020
Africa’s richest man initiates Nigeria’s first share buyback
The company will repurchase as much as 10% of the issued capital starting with a first tranche of 85.2 million shares of 50 kobo each, or 0.5% of the total in issue, it said in a filing to the Nigerian Stock Exchange on Monday.