Mining giants sign $20bn Guinea deal

Mwanza United Gold Mine Limited has signed a memorandum of understanding (MoU) with an Omani firm for the two companies to jointly prospect for minerals.

The minister for Energy and Minerals, Prof Sospeter Muhongo, has said small-scale miners should be allowed to take over idle mining sites if the big investors are dragging their feet.

>Stanbic Bank is set to earn multibillion shillings revenue through training local investors on how to benefit from credit funds connected with a project for development of Liquefied Natural Gas (LNG) worth more than $20 billion (Sh34 trillion).

The world’s biggest brewer Anheuser-Busch InBev and its nearest rival SABMiller have extended for a second time a deadline to agree a formal takeover deal, they announced Wednesday.

eNCA
Tanzania jails former finance, mining ministers over gold deal
Reuters
DAR ES SALAAM A Tanzanian court sentenced two former ministers to three years in jail on Monday over corruption charges related to the award of a gold audit tender, according to court documents. The convictions of former Finance Minister Basil Mramba ...
Tanzania jails two former finance ministers for graftThe Standard Digital News (satire) (press release) (registration) (blog)

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The UK signs a deal with Ghana for the transfer of prisoners between the two countries.

The UK and Nigeria sign an agreement to allow the transfer of prisoners between the two countries, which is expected to start later this year.

Libyan lawmakers are set to sign a disputed UN-sponsored agreement on a unity government Thursday despite a warning from the heads of rival parliaments that the deal has no legitimacy.

Kenya's President Uhuru Kenyatta and Ethiopia's Prime Minister Hailemariam Desalegn sign a UN-sponsored deal to reduce cross-border tension between the countries.