Most Recent World News

Africa Energy begins oil drilling in offshore Namibia

Africa Energy Corp, an oil and gas company with exploration assets offshore Namibia and South Africa has announce the initial drilling of the Cormorant-1 well on Petroleum Exploration License 37.

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Nigeria’s external debt rises by $11.77bn in 3yrs – DMO

Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown. According to debt statistics obtained from the Debt Management Office, the country’s external debt rose.

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Equatorial Guinea to launch new oil and gas bid round in January

Equatorial Guinea will launch a new oil and gas exploration bidding round early next year and may refuse extensions of existing licenses to oil companies unless they collectively invest a.

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Senegal is building a $2 billion futuristic city to help cut down on overcrowding in Dakar

Senegalese leaders have long dreamed of building a new urban center amid mounting congestion and overcrowding in the capital city of Dakar. With a population that exceeds three million, the.

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Angola signs $170 million contract for supply of ten locomotives

Angolan Railways, the consortium of Andrade Gutierrez and Zagope Angola have signed a contract valued at $169.3 million for the supply of 10 diesel locomotives with a capacity to carry.

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Political will in Ethiopia, Rwanda transforms agriculture, AGRA report

Majority of African countries are struggling to follow the lead of Asian countries in using agriculture to spark widespread economic growth because they have yet to marshal strong political support.

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Saudi Ambassador to Egypt chairs meeting of Arab Committee on Development and Reform of League of Arab States

The Arab Open Committee on the Development and Reform of the League of Arab States held today its 15th meeting at the headquarters of the General Secretariat of the Arab.

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Total, NNPC, other partners to launch Egina crude grade this month

French oil major, Total and the Nigerian National Petroleum Corporation (NNPC) along with some other partners will, later this month, launch Egina crude in Singapore. The launch will take place.

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East Africa Metals receives Approval to Commence Work on Ethiopia Gold Projects

East Africa Metals Inc. has received Draft Model Agreements from Ethiopia’s Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk Projects, located in the.

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Newly Electrified Villages in Tanzania encourage Entrepreneurship

In the newly electrified villages of Tanzania’s Tanga and Pwani regions, productive use of energy (PUE) champions are inspiring local communities to use the new power source for income-generation. As.

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