Significant, diverse investment opportunities are springing up across Africa, where change is occurring at a faster pace than many realize, says a prominent U.S. investment banker.

The Ghana Investment Promotion Center (GIPC), the investment agency of government, has announced that it would embark on a decentralization exercise throughout the country.

ACTING President, Rupiah Banda, has invited Iranian investors to consider partnering with Zambians in the various business opportunities available locally and help better the lives of the people.

POWER generated at the two hydro-power plants at the Owen falls Dam has reduced by 10MW due to the restricted water outflow, experts have disclosed.

The Federal Government will not sell the Petroleum Pipeline Marketing Company (PPMC) and the Nigerian Gas Company (NGC) after all, the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Alhaji Abubakar Yar'Adua, said yesterday.

Global stocks slide further yesterday, with Merrill Lynch & Co. and Citi Group reporting losses in their financials.

Mozambican President Armando Guebuza on Thursday reiterated his call for Brazilian businesses to invest in Mozambique.

Nigeria, Africa's largest oil producer, has agricultural assets that are more powerful than oil, says Dr. Peter Hartmann, Director-General of the Ibadan-based International Institute of Tropical Agriculture (IITA), in his message on the occasion of the World Food Day, yesterday.

A pharmaceutical factory, producing the anti-retroviral drugs that prolong the lives of people infected by the HIV virus, will be in production in Mozambique by 2010, Brazilian President Luis Inacio Lula da Silva promised in Maputo on Friday.

THE rand slumped to its lowest levels against the dollar and sterling since the end of 2001 yesterday - and was at its weakest yet against the trade-weighted basket of currencies - as foreign investors quit riskier assets and bought

The Economic and Financial Crimes Commission (EFCC) yesterday quizzed the suspended Executive Secretary of the Petroleum Products Pricing and Regulatory Agency (PPPRA), Oluwole Oluleye, for his alleged role in the disappearance of N64 billion from the Petroleum Support Fund.

The Bureau of Public Enterprises (BPE) has made a u-turn over plans to sell two subsidiaries of the Nigerian National Petroleum Corporation (NNPC) - Petroleum Pipelines Marketing Company (PPMC) and Nigeria Gas Company (NGC).

In a bid to actualize its dream of establishing a 100 megawatts Gas Turbine plant which is to serve as an Independent Power Plant, the Bauchi State Government has engaged the services of a German firm, Alston Company, to handle

Economists are predicting a petrol price cut of about 47 cents soon, despite the weakening Rand erasing the perks of a low oil price.

The Association for Local Authorities in Namibia (ALAN) wants Government to do away with Regional Electricity Distributors (REDs), which, ALAN says, deny local authorities a source of income.

Workers in the Ministry of Niger Delta have been admonished not to see the newly-created ministry as another meal ticket, rather, as an opportunity for sacrifices and service in the march towards lasting peace in the region.

One of Nigeria's best lights in the music industry, award winning international recording artiste, Asa, sang a song titled "Fire on the Mountain", wherein she so perfectly satirised the utter decadence in virtually all sectors of life in the African

Bauchi State government has engaged the services of a German firm, Alston Company, to actualise its dream of establishing a 100 capacity megawatts Gas Turbine plant, which is to serve as an Independent Power Plant (IPP).

Strident denials by the Bureau of Public Enterprises (BPE) that the Federal Government has no plans yet to sell the Pipelines and Products Marketing Company (PPMC) or the Nigeria Gas Company (NGC) were spurned yesterday by leaders of the Petroleum

President Umaru Yar'adua yesterday said the Federal Government will address the housing inadequacy in the Niger Delta as part of efforts to ensure security in the region.