S.Africa’s Transnet to spend additional $6 billion on ports, railways over three years

South Africa’s state-owned freight logistics group Transnet will invest an additional 84 billion rand ($6 billion)…

Nigeria’s 2017 capex to hit 440.9 bln naira next week, Adeosun says

Nigeria plans to release 100 billion naira for capital projects, taking its total spending in the…

Benin court throws out Bollore bid for rail plan

Benin’s top court has rejected a bid by French group Bollore to recover control of a…

Nigeria’s total revenue at 2.305 trillion naira as of June 2017- Budget office

Nigeria had taken 2.305 trillion naira ($7.53 billion) in total revenue as of June 2017, the…

23 Ships to arrive Lagos ports with petroleum product, general cargo

The Apapa and Tin-Can Island ports in Lagos are expecting the arrival of 23 ships laden with petroleum…

Nigeria plans Eurobonds, still in talks with World Bank- DMO

Nigeria will issue at least a $2.5 billion Eurobond this year and is still in talks…

AfDB to decide fate of $296 mln Ivorian Airbus purchase

The African Development Bank (AfDB) is expected on Wednesday to decide the fate of a $296…

Nigerian army to conduct training exercises in Niger Delta

The Nigerian army on Monday said it will carry out training exercises in the restive southern…

Oil exports will be main topic at OPEC, non-OPEC meeting in Moscow – Novak

Oil exports will be in the spotlight at a meeting between OPEC and non-OPEC members in…

OPEC oil output edges higher in Sept as Iraq, Libya pump more

OPEC oil output has risen this month by 50,000 barrels per day (bpd), a Reuters survey…

Death toll from Rohingya boat capsize likely to top 60- IOM

The death toll from a boat which capsized off Bangladesh carrying Rohingya refugees is set to…

Mumbai railway station stampede kills 22 amid heavy rain

A stampede broke out on a crowded pedestrian bridge connecting two railway stations in Mumbai during…