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A UK company aims to provide off-grid solar power to 20 million people in Nigeria, Africa’s most populous nation, where less than half of the population have access to electricity.

Privinvest Group said Mozambican President Filipe Nyusi was served on October 19 with the company’s litigation claims in the High Court of London.

A blowout first quarter has brought Microsoft  back into contention in the race for the world’s most-valuable listed company.

NamPower says it is currently in the process of extending the generation licence of its 49-year-old Van Eck Power Station by another 10 years in an effort to improve electricity supplies in the country.

Oryx Properties Ltd (ORY) released their FY21 results on 10 September 2021, reporting a N$10mn profit from prior year loss N$157.6mn, with total comprehensive loss reduced to N$32.1mn (PY: N$88.4mn loss).

Hertz Global Holdings, barely four months out of bankruptcy, placed an order for 100 000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet. Tesla’s shares soared, pushing the automaker’s value past $1 trillion for the first time.

Sipho Pityana, lead director at Absa Group, is suing part of South Africa’s central bank for stymieing his appointment as the chairman of the country’s third-largest lender.

AfriTin Mining has announced that it has started exploration programmes designed to increase the size of the current resource at its flagship Uis tin mine in Namibia.

Finance Minister Iipumbu Shiimi has announced that Namibia plans to set up a sovereign wealth fund (SWF) before the end of the year to secure the country's future savings and transform the economy.

Namibia’s diamond production increased by 65% to 0.4 million carats in the third quarter (Q3) compared to 0.242 million carats produced the same period last year, latest figures from De Beers show.

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