South Sudan has agreed with its northern neighbour Sudan to repair oil infrastructure facilities destroyed by conflict within three months to boost production in Africa’s youngest country.

Michael Makuei Lueth, South Sudan’s information minister, told Reuters officials agreed with their visiting Sudanese counterparts to “evaluate and assess the damage” to South Sudan’s oilfields in the Heglig area in the country’s"...

ArcelorMittal’s South African unit agreed to sell its half of steel trader and shipper Macsteel International Holdings BV to a company founded by South African steel billionaire Eric Samson, which owns the other 50 percent.

Macsteel Holdings Luxembourg SARL will pay $220 million for the stake, ArcelorMittal South Africa Ltd. said in a statement Monday. That’s more than the Johannesburg-traded company’s market capitalization of"...

The Government of South Sudan in partnership with TradeMark East Africa have aunched construction works of key infrastructure at the Nimule One Stop Border Post (OSBP) including parking yard, access roads, examination shed and drainage systems.

The function was officiated by Hon. Dr. Moses Hassan Tiel, the South Sudan Minister of Trade, Industry and EAC Affairs (MoTI&EAC), Undersecretary Ministry of Transport Hon. Capt David Martin Hassan, Undersecretary"...

Kenya’s real estate sector is attracting big investments as investors seek to cash in on huge housing deficit, high returns and infrastructural development amid stable political climate environment.

Among the investors is Cool Breeze Development Limited, a Nairobi-based group of investors, which last week unveiled plans to construct five 14-floor blocks in a gated community in Nairobi.

The"...