Keyword: Africa

News

Nigeria Exxon Spill Spreads for Miles Along Coast

18.11.2012 - An oil spill at an ExxonMobil facility offshore from the Niger Delta has spread at least 20 miles from its source, coating waters used by fishermen in a film of sludge. A Reuters...

News

Hikma Looking to Expand in Africa

15.10.2012 - Jordan's Hikma Pharmaceuticals said it is looking to expand in Africa over the next two to three years, through building its own plant or by making an acquisition of up to $300...

News

U.S. Shale Boom a Boon for Asian Crude Importers

03.10.2012 - Asian oil importers will pay lower premiums for their shipments as a shale oil boom diverts more barrels from the United States to the world's biggest net oil buying region over...

News

Eland Oil to List After Buying Nigeria Block

03.09.2012 - West Africa-focused energy firm Eland Oil and Gas will float on London's junior stock market on Monday with a market value of 135 million pounds ($214 million) after completing the...

News

Nigeria's Oil Law is Test for Jonathan Presidency

06.08.2012 - Nigeria's landmark energy bill could revive Africa's biggest oil industry and improve President Goodluck Jonathan's reputation, but rebellious lawmakers will seriously test his...

News

Africa's Adcock Buys India Drug Assets for $86 Million

11.07.2012 - South African drugmaker Adcock Ingram is to buy a portfolio of about 60 medicines and a distribution network from India's Cosme Farma for $86 million to bulk up its presence in the...

News

Reliance, Essar Eye BP's Africa Retail Operations

29.07.2010 - BP is in talks with India's Reliance Industries and Essar Group to sell its African retail assets that could be worth as much as $500 million, four sources with direct knowledge of...

News

Brain Drain, Low Investment Hamper African Science

12.04.2010 - Africa's contribution to the global body of scientific research is very small and does little to benefit its own populations, according to a report from Thomson Reuters released on...