Africa mining sector meets amid commodity price comeback
07 February 2017 | 4:33 am
Investors and mining firms are meeting at Africa's biggest industry conference amid a newfound optimism that the uptick in commodity prices could shore up investment after years of downturn.
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People come to some of the poorest regions of Senegal in search of gold. But making money here is not easy, and it is an especially difficult life for women and children.
Economy Minister Robert Habeck wants to support German industry for years to come with lower electricity prices. His electricity price cap proposal is intended to ensure that energy-intensive companies remain in Germany.
For the fourth consecutive year, France was the European country that received the most foreign investment last year, according to a survey by consultancy firm EY. Looking at the details though, these investments are leading to fewer job creations than in the UK or Germany. We speak to Pascal Cagni, the chairman of Business France, which is the government agency tasked with promoting inward investment in the country.
The IEA said renewable energy is expanding faster than many people realize, but it warned that investment in fossil fuels is not slowing fast enough to reach goals to slash emissions by 2050.
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Washington and Beijing both said the talks were productive and agreed to maintain communication. The meeting was held between US official Daniel Kritenbrink and China's Vice Foreign Minister Ma Zhaoxu.
The price estimate makes Gustav Klimt's final completed work "the most valuable ever to have been offered at auction in Europe," according to Sotheby's.
Vietnam's reputation as Asia's brightest investment hub is being called into question as its economic growth slows and industrial zones face power blackouts.
A gas leak at an informal settlement claimed 17 lives, with several others hospitalized. The incident has been linked to a nitrate oxide gas leakage from a cylinder used in an illegal mining activity.
After one of the worst genocides in history, Rwanda is no longer recognizable. The nation is one of the safest, cleanest and most dynamic in Africa. But this awe-inspiring success story also has a downside.
For the fourth year in a row, France is has pulled in more foreign direct investment than anywhere else in Europe. A prestigious title, but the impact remains to be seen.
The removal of fuel subsidy and subsequent increase in fuel price from about NGN180 to NGN500 in June by the current administration hit businesses and individuals across Nigeria in no small measure. But as of today, prices of fuel have taken another drastic increase from NGN500 to over NGN700. Already, NNPC filling stations across the country have adjusted and started dispensing at NGN617.
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