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DRC’s Gecamines to audit all JVs, revive exports

Democratic Republic of Congo's State-owned mining company Gecamines will invest $930-million in a bid to re-establish itself as a major copper and cobalt producer, and will launch audits of its existing joint ventures to help raise the cash, the company…

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Siemens AG to exit nuclear business, focus on renewable energy

Siemens AG, Europe's largest engineering company, yesterday said that it would cease building nuclear power plants globally and focus on renewable energy after the German government decided to phase out nuclear power by 2022. After the Fukushima nuclear power plant…

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Hyundai donates mobile clinics to Nigeria

Hyundai Motor Company (HMC), world’s fourth largest automobile manufacturer, has donated two units of hi-tech ultra modern mobile clinics to two of Nigeria’s foremost health institutions, the Abuja National Hospital and University of Abuja Teaching Hospital. Receiving the donations on…

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IKEA’s $62m donation to famine victims should be celebrated

Swedish furniture giant's pledge to Dadaab refugee camp is praiseworthy - but the company should seek to provide regional employment as well as emergency food supplies. As Ikea makes a historic pledge to the Dadaab refugee camp in Kenya, the…

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