About 790 million people worldwide did not have access to electricity in 2020, most of them living in sub‐Saharan Africa and developing Asia a new energy report has said.
The African Energy Chamber (AEC) believes Total giant will soon resume oil and gas operations in Northern Mozambique saying it recognizes Total's and the Mozambican government's effort over the past three weeks to figure out solutions and arrangements to address the volatile security situation in Cabo Delgado. Read more.
Canada headquartered, First Quantum Minerals Limited’s Zambia unit sales revenue grew 42% to $1,67 billion in the first quarter of 2021, the company has said. Read more.
STANCHART Zambia, a subsidiary of the United Kingdom Standard Chartered Bank, an International financial services conglomerate, says it will employ a cocktail of measures 2021 financial year that will see the financial institution returning to profitability and growth. Read more.
South Africa’s Gross Domestic Product growth is envisaged to grow by 3% in 2021 after contracting by 8% last year, the African Development bank (AfDB) has announced. Read more.