Egypt signs deal with CI Capital-led group for ENPPI’s IPO
08/10/2018Egypt has signed an agreement with three banks to manage the sale of a 24 percent stake in state-owned oil company ENPPI on Cairo stock exchange, the petroleum ministry said.
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Morocco’s Net International Reserves Up 0.5%
08/10/2018Morocco’s net international reserves amounted to 224.6 billion dirhams until September 28, 2018, recording a 0.5% year-on-year increase, Morocco’s central bank (Bank Al-Maghrib) said. During the week of September 26-October.
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Business & Economy
Savannah Petroleum reports fifth oil discovery in Niger’s Agadem Rift Basin
08/10/2018Savannah Petroleum has claimed an oil discovery in Niger’s onshore Agadem Rift Basin following the drilling of the Zomo-1 exploration well. Zomo-1 marks the fifth successive discovery for the British.
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Business & Economy
[Nigeria] Oil and gas export sales up 35% to $416m
08/10/2018The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the.
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Business & Economy
[Morocco] Vivo Energy renews deal with Injaz Al Maghrib Association
08/10/2018Vivo Energy Maroc, the company in charge of the distribution and marketing of Shell brand fuels and lubricants in Morocco, and Butagaz brand Liquefied Petroleum Gas, have announced the renewal.
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Business & Economy
South Africa manufacturer picks MyEasyISO software to grow profits
08/10/2018In today’s advanced economies, manufacturing remains critically important to both developing and developed world. With the speed of advanced technologies, most manufacturers from a large, global manufacturer to a smaller,.
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Business & Economy
Sirius Petroleum secures new rig for Ororo field drilling, cancels old deal
08/10/2018AIM-listed Sirius Petroleum, the Nigeria-focused oil and gas development and production company, has decided, by mutual agreement with COSL, to abrogate its agreement with COSL for the supply of a.
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Business & Economy
ECOWAS Commission pushes for flexible trade rules of origin
08/10/2018The Commission of the Economic Community of West African States (ECOWAS) is looking forward to a more dynamic and flexible rules of origin which takes into account the interests of.
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Business & Economy
AfriLabs partners with IBM to implement D-NA Program
08/10/2018AfriLabs, the pan-African network of technology and innovation centers across Africa, will be collaborating with IBM to expand digital skills across AfriLabs 123 innovation hubs across 34 countries in Africa..
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Business & Economy
Egypt’s foreign investments rank first in Africa, valued at $7.4bn: COMESA
07/10/2018COMESA Regional Investment Agency’s Chief Executive Officer (CEO) Heba Salama said on Sunday that Egypt ranked first among the COMESA countries attractive to direct foreign investments, valued at $7.4 billion.
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