Equatorial Guinea set for increase in offshore drilling by 2019
13/12/2018Eleven new oil and gas wells are set to be drilled next year in Equatorial Guinea, with total planned investments of $2.4 billion, according to the Ministry of Mines and.
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Most Recent News
Africa
Prime Minister Lee Nak-yon to Embark on 3-Nation Africa Tour on Sunday
13/12/2018Prime Minister Lee Nak-yon is planning a seven-day itinerary of official visits to Algeria, Tunisia and Morocco starting Sunday. On his first stop, Algeria, Lee plans to seek ways of.
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Africa
Business & Economy
Egypt’s Sisi approves two loans from African Development Bank for water treatment project
13/12/2018Egypt’s President Abdel-Fattah El-Sisi issued a decree approving a loan agreement worth $100 million between Egypt and the African Development Bank (AfDB), earmarked to finance a wastewater treatment plant at.
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Business & Economy
Toshiba’s go Africa program registers huge market share for its storage business
13/12/2018Leading storage device manufacturer Toshiba has announced that its go Africa initiative has seen its market share in the storage business grow by 400 percent since the program was launched.
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Business & Economy
Africa is an extremely important market for South Africa – Dr. Rob Davies
13/12/2018South Africa Minister for Trade and Industry, Dr. Rob Davies said that South African business people should consider the continent as an extremely important market. Minister Davies was speaking at.
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Business & Economy
Eni announces a new oil discovery in Angola
13/12/2018Eni has struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between 170 and 200 million barrels.
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Business & Economy
WorldRemit partners BancABC for digital money transfer services
13/12/2018Global money transfer company, WorldRemit has entered into a new partnership with Atlas Mara Limited-owned Zimbabwe financial institution BancABC to provide a digital money transfer service. Using the WorldRemit app.
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Business & Economy
Moroccan Airports Authority partners with National Aviation Services to launch e-gates at Pearl Lounge
13/12/2018The Moroccan Airports Authority (ONDA) has partnered with National Aviation Services (NAS) to launch the first electronic gates (E-gates) at the Pearl Lounge in the Marrakech Menara Airport departures area..
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Business & Economy
Qatar Petroleum marks its first entry into the Republic of Mozambique
13/12/2018Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the.
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Feature Reports
Mrs May Wins Leadership Vote But Pays Big Price
13/12/2018UK prime minister, Theresa May, claimed victory last night when a motion of no confidence in her leadership of the Conservative party was defeated. In her effort to win the.
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