Africa gas market tiny but growing fast Electricity generation is main growth driver Unified pricing system tough in undeveloped markets Africa should develop a gas pricing index based on the cost of electricity set midway between existing global benchmarks to ensure fairer pricing in new export projects on the...
Governments must be held accountable for African countries’ slow progress on global education goals since underperforming schools and teachers are usually victims of a dysfunctional system, the U.N.’s cultural agency UNESCO said last week Wednesday. Sub-Saharan Africa falls behind other parts of the world by most education standards, with one...
Africa needs 11 million more doctors, nurses and teachers by 2030 to prevent a “social and economic disaster” that could propel millions to migrate, the United Nations said last week Thursday. It said the 11 million were needed to help the continent cope with a booming population, with the number...
Britain saw its smallest budget deficit for any September in the last 10 years, according to official figures. Last month's deficit stood at £5.902bn, down almost 11% compared with the same month last year, the Office for National Statistics (ONS) said. With many economists having forecast a deficit of about £6.5bn,...
The World Health Organization has revoked the appointment of Zimbabwe's Robert Mugabe as a goodwill ambassador following a widespread outcry. "I have listened carefully to all who have expressed their concerns," WHO head Tedros Adhanom Ghebreyesus said in a statement. He had previously praised Zimbabwe for its commitment to public health. But...
“It is expected to be granted in the second quarter of 2018,” Lindiwe Mekwe, acting CEO of the Petroleum Agency of SA, told Reuters. France’s Total stopped drilling off South Africa’s southern coast in 2014 after experiencing mechanical problems with its rig in rough sea conditions. It operates Block 11B/12B, where...
A new musical based on the life of Tina Turner is set to open in the West End in 2018 - and the singer even came out of retirement (somewhat reluctantly) to work on it. "Retirement is wonderful," Turner says as she launches Tina: The Musical in London. "You sleep long,...
Acacia’s majority owner, Barrick Gold, said on Thursday it had agreed with Tanzania for Acacia to hand over the money and a 16 percent stake in three of its mines and to split the “economic benefits” from those operations]. The agreement appeared to be the first step towards a resolution...
A Birmingham Airport-bound passenger plane declared an emergency in mid-air - after suffering a cracked windscreen. Flight number BM1424, a BMI Regional service from Nuremberg, declared the emergency over Coventry, reports the Coventry Telegraph . It landed safely at Birmingham shortly before 4pm on Thursday. The twin-engined Embraer ERJ-145 was carrying 15 passengers at...
UK financial regulators and the Serious Fraud Office are to review if banks HSBC and Standard Chartered are linked to a South Africa corruption scandal. It comes after Lord Peter Hain said the banks may "inadvertently have been conduits" for laundered money. The Labour peer told the House of Lords that...