Browsing Tag

boom

Namibia Inaugurates First Female President as Oil Boom Looms

In a country that the sun seems to grace more often than not, Namibia is witnessing a new dawn as Nandi-Ndaitwah, at 72, steps in as the first female president. Sandwiched in the southwestern corner of Africa, Namibia stands on the precipice of a potential economic revolution, led by burgeoning oil and gas industries. Nandi-Ndaitwah's inauguration isn't just notable for adding one more name to the short list of female African leaders but serves as a beacon of the possibilities of what women can achieve on this vast,…

investment boom in gold mines

This is one of the effects of Sudan's return to the international scene, mining companies flock there to invest in gold and copper in particular. On June 17, the government granted nine mining concessions, eight for gold and one for copper. Companies from all over the world can now invest without worries since the lifting of US sanctions.…

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