Investment woes in Africa’s oil
Global catastrophes are affecting the degree of investment in African oil producers...
Tag : Africa
How did Ethiopian Airlines make it happen?
The world can plainly see how the carrier has managed the crisis without external financial aid or striking jobs out...
Deutsche Bank to increase lending to commodity traders in the Middle East
The move is anticipated to double the size of its business in the region...
Kariya Energy seeks to acquire oil and gas assets in Africa nations
The company will target producing oil and gas assets, in addition to developing small-scale LNG...
Egypt targets investments worth $3 bn in its electricity sector during 20/21
It will be around 6.1% of the country’s total investments...
Total, Mozambique sign security pact for $20 bn natural gas project
A joint task force will be formed to provide security for Mozambique LNG project activities in the Afungi site...
Nigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2
Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since...
Africa Energy to increase stake in Block 11B/12B
The company will increase its stake from 4.9 percent to 10 percent...
Renewable energy accounts for 20% of Egypt’s electricity production: Minister
In the last five years, Egypt added over 28,000 MW of power production capacity...
Ethiopia suspends plans to allow foreign bids for telecom licence
Previously, the Ethiopian Telecommunication Authority had invited interested companies to submit their bids to end monopoly in the sector...