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Mozambique: Anadarko Signs Long-Term Gas Deal With Chinese Oil Company

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[AIM] London -The Texas-based Anadarko Petroleum Corporation on Friday announced that Mozambique LNG1 Company Pte Ltd has signed an agreement with China's state-owned hydrocarbon company CNOOC for the long-term supply of LNG (Liquefied Natural Gas) from the northern Mozambican province of Cabo Delgado. Under the agreement, CNOOC will purchase 1.5 million tonnes of LNG per annum for 13 years.

Tanzania: CrossBoundary to Invest U.S.$16 Million Into Mini-Grids to Light Up Tanzania, Two Other Markets

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[CIO] CrossBoundary Energy Access (CBEA) recently announced its launch with funding commitments from The Rockefeller Foundation and Ceniarth. The company will initially invest $16 million into mini-grids serving 170,000 people, providing first-time power to homes and businesses. The focus is on markets with supportive mini-grid regulatory frameworks, such as Tanzania, Nigeria, and Zambia.

Africa: biNu 2.0 - the Data Free Challenger to Whatsapp

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[Balancing Act] London -A number of different start-ups have tried creating a data-free access service for African customers without success. biNu's Co-founder and CEO Gour Lentell is a veteran and pioneer of low-cost data access. Russell Southwood spoke to this Zimbabwean-born entrepreneur about offering free data through reverse billing.

Tanzania: DSE Weekly Turnover Up By 152pc

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[Citizen] Dar es Salaam -The Dar es Salaam Stock Exchange (DSE) ended the week strong after recording a 152.50 per cent increase of total turnover in the week ending Friday compared to the week before. Zan Securities weekly market wrap-up reports that DSE reported increased total turnover of Sh10.27 billion from Sh4.07 billion which was recorded in the week ending January 11, 2019.

Zimbabwe: Equities Market Suspends Trade

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[Zimbabwe Independent] Trading on Zimbabwe's equities market was suspended this week after mass protests and civil unrest unnerved investors in a week punctuated by clashes between state security agents and protestors in most of the high-density suburbs countrywide.

Zimbabwe: Companies to Collapse in 30 Days

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[Zimbabwe Independent] Many manufacturers could be forced to halt operations if government fails to arrest the crippling currency crisis within the next 10 days as most companies are left with less than a month's stock of raw materials, the Confederation of Zimbabwe Industries (CZI) has warned.

Zimbabwe: Life Assurance Registers Growth

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[Zimbabwe Independent] Gains on the Zimbabwe Stock Exchange (ZSE) helped spur the life assurance industry as total assets for life assurers and assets supporting life reassurance grew 6,7% to US$2,8 billion in the nine months ending September 30 2018 from US$2,6 billion in H2 2018.

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