World Bank Vice President visits Algeria
06/09/2018World Bank Vice President for the Middle East and North Africa, Ferid Belhaj is in Algeria from September 5 to 6, 2018 to reaffirm the Bank’s support for the national.
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Business & Economy
Africa Energy begins oil drilling in offshore Namibia
06/09/2018Africa 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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Business & Economy
Nigeria’s external debt rises by $11.77bn in 3yrs – DMO
05/09/2018Nigeria’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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Business & Economy
Equatorial Guinea to launch new oil and gas bid round in January
05/09/2018Equatorial 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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Business & Economy
Senegal is building a $2 billion futuristic city to help cut down on overcrowding in Dakar
05/09/2018Senegalese 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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Business & Economy
Angola signs $170 million contract for supply of ten locomotives
05/09/2018Angolan 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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Business & Economy
Political will in Ethiopia, Rwanda transforms agriculture, AGRA report
05/09/2018Majority 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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Business & Economy
Saudi Ambassador to Egypt chairs meeting of Arab Committee on Development and Reform of League of Arab States
05/09/2018The 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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Business & Economy
Total, NNPC, other partners to launch Egina crude grade this month
05/09/2018French 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
05/09/2018East 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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