Nigeria’s Dangote Cement to double production across Africa: 2014 forecast

From REUTERS LAGOS  – Nigeria’s biggest company by market capitalisation, Dangote Cement, expects to double its cement production capacity across Africa this year to 40 million tonnes, its chief executive said on Monday. Devakumar Edwin told the Reuters Africa Investment Summit in the commercial hub of Lagos that the firm would add 9 million tonnes to its Nigeria operations, bringing them to 29 million tonnes, and open … Read more

Sub-Saharan growth to accelerate to 5.2%: World Bank

From REUTERS NAIROBI – Growing investment in Africa’s natural resources and rising household spending will accelerate economic growth in Sub-Saharan Africa to 5.2 percent in 2014 from 4.7 percent in last year, the World Bank said on Monday. New oil and gas discoveries in countries including Angola, Mozambique and Tanzaniaunderpinned rising capital inflows into the region, though a chronic energy deficit and poor transport … Read more

Bonus shares for Kenya’s NIC Bank shareholders

From REUTERS NAIROBI – Kenya’s NIC Bank said on Tuesday it had received regulatory approval for a bonus share issue of one new ordinary share for every 10 fully paid up ordinary shares. Ranked in the second tier of Kenyan banks, NIC said in a statement that the bonus share issue remained subject to shareholder approval. The bank, … Read more

Reuters

Somalia: Two expats killed

From REUTERS MOGADISHU (Reuters) – Two male expatriate consultants working for the United Nations in Somalia were shot dead on Monday, at Galkayo Airport in north central Somalia, said a U.N. spokesman. Aleem Siddique, the United Nations Assistance Mission in Somalia (UNSOM) said the U.N. would not release the names and nationalities of the two workers until their families had been notified of their … Read more

Rwanda financial hub plans: more listings, debt, automation

From REUTERS KIGALI (Reuters) – Celestin Rwabukumba is this year scrambling to add a new financial listing on the Rwanda Stock Exchange, automate the bourse, launch a market for smaller firms and encourage more companies to use the debt market to raise capital. The initiatives are part of a broader bid to put the tiny African state on the … Read more

Reuters

Two foreign priests, nun kidnapped: Cameroon

From REUTERS ROME (Reuters) – Two Italian priests and a Canadian nun were kidnapped in Cameroon overnight, Vatican radio said on Saturday. The radio station, part of the official news service of the Catholic Church, said two groups of armed men had raided the houses of priests and nuns in the parish of Maroua in northern Cameroon at around 2:00 a.m. local … Read more

Blacktip shark - Justin Blake

Environmental news – the black sheep of news circles

By Justin Blake News, the art of keeping people informed. An industry constantly churning, never ceasing in the production of endless amounts of text and images, video and audio, newsletters and click through url’s. An advertisers delight with the emergence of online publishing and pay-per-click advertising. Business and finance, politics and health, even celebrity gossip … Read more

Japan whaling ban

Whaling ban will be abided by – Japan

Hunting whales is deeply entrenched in Japanese culture. Despite a ban on whaling in 1987, Japan managed to find a loophole and continue hunting the large mammals under the guise of ‘scientific research’. But despite fears that Japan would not abide by the recent International court ruling, the hunting has ceased, for 2014. Time will tell if … Read more