China interested in importing Nigerian oil
China will possibly be importing more oil in from Nigeria owing to efforts towards strengthening ties between the two nations.
The report credited the Chinese interest to their embassys local economic and commercial counsellor Zao LingXiang who is said to have made this declaration.
Kinross is going ahead with expansion of its Tasiast gold mine in Mauritania
Kinross Gold announced Wednesday it has decided to proceed with the first stage of an expansion of its troubled Tasiast gold mine in Mauritania, which will dramatically increase production and slash costs at project.
The Canadian miner will spend about US$300 million to boost the mills capacity from the current 8,000 tonnes of ore per day to 12,000.
Gas exploration in Tanzania gets financial boost
A whopping US$ 274m is yet to be spent on gas exploration in Tanzania in the next 24 months by a Dubai based company,Dodsal Group.
Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp
Bharti Airtel Ltd, the worlds third largest communications services provider, has signed an agreement with American Tower Corp., to sell approximately 1,350 towers in Tanzania.
