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Uganda and Tanzania sign $3.5bn oil pipeline deal

Uganda and Tanzania sign $3.5bn oil pipeline deal

September 14, 2020
Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km (898 miles) crude oil pipeline.…
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Microsoft says its TikTok buyout offer rejected

Microsoft says its TikTok buyout offer rejected

September 14, 2020
US tech giant Microsoft said Sunday its offer to buy TikTok was rejected, as a deadline looms for the Chinese-owned…
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Europe, Britain's carmakers warn of 110 billion euro hard Brexit bill

Europe, Britain's carmakers warn of 110 billion euro hard Brexit bill

September 14, 2020
BRUSSELS (Reuters) - Europe and Britain’s car industries called on Monday on the two sides to urgently clinch a free…
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Oil ends lower for second week as stockpiles rise, demand weakens

Oil ends lower for second week as stockpiles rise, demand weakens

September 12, 2020
NEW YORK (Reuters) - Oil prices were little changed on Friday, but posted their second straight weekly loss as stockpiles…
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Oil extends losses as stockpile rise amid weakening demand

Oil extends losses as stockpile rise amid weakening demand

September 11, 2020
TOKYO (Reuters) - Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles…
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Chinese tech giant unveils HarmonyOS to replace Google

Chinese tech giant unveils HarmonyOS to replace Google

September 11, 2020
ANKARA Chinese technology giant Huawei on Thursday unveiled its latest version of self-developed Harmony operating system (HarmonyOS) that is seen…
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French economy due to bounce back in Q3

French economy due to bounce back in Q3

September 09, 2020
PARIS  France's National Institute for Statistics and Economic Studies released Tuesday official data showing the French economy will bounce back…
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South Africa’s economy contracts 51% in 2nd quarter

South Africa’s economy contracts 51% in 2nd quarter

September 09, 2020
JOHANNESBURG South Africa’s gross domestic product (GDP) contracted 51.0% in the second quarter of 2020, the country’s statistics body announced…
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Oil falls after Saudi cuts prices, China slows imports

Oil falls after Saudi cuts prices, China slows imports

September 08, 2020
Brent crude LCOc1 was trading at $42.03 a barrel, down 63 cents or 1.5%, by 1555 GMT, after earlier sliding…
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Coronavirus pandemic smashes tourism sector in EU

Coronavirus pandemic smashes tourism sector in EU

September 05, 2020
ISTANBUL The tourism services sector in the EU fell by 75% in June on a yearly basis, while the total…
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World Bank-funded dam in Lebanon mirrors governance crisis

World Bank-funded dam in Lebanon mirrors governance crisis

September 03, 2020
BEIRUT (AP) — Lebanon's Bisri Valley lies on a green fertile bed, a spot that has cradled civilizations dating as…
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Families suffer as East Africa remittances dry out

Families suffer as East Africa remittances dry out

August 31, 2020
DAR ES SALAAM, Tanzania  Julius Minani and his 32-year-old friend Kaduna spent weeks squatting in a dilapidated shack in Alexandria…
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