Sudan to Boost Oil, Gas Production Despite Slumping Crude Prices

Oil-rich South Sudan seceded from what is now the Republic of Sudan in 2011. Khartoum estimates that the loss of the southern oilfield brought oil production volumes down to some 150,000 of barrels a day from a previous half a million barrels per day.

“Actually, we are planning to expand, although the prices are going down,” Ambassador Nadir Babiker told RIA Novosti, adding his country imports oil byproducts like gasoline for the needs of its agricultural .... Read more »

Posted on : Monday , 16th November 2015

Rwanda Signs Mining Contracts With Investor

The government yesterday signed more contracts with mining companies to boost production and exports.
The contracts, signed between the Ministry of Natural Resources, Rwanda Development Board (RDB) and the investors, are aimed at bolstering exports by at least 28 per cent, Evode Imena, the state minister in charge of mining, said.

RDB granted four mining companies with licences to take charge of six mining blocks in Ngororero District, Western Province.
.... Read more »

Posted on : Monday , 16th November 2015

Tanzania: Seafarers Embark on Deep Waters Gas, Oil Exploration

The move comes after the accomplishment of all legal procedures and fulfillment of sailor’s demands such as health insurance and working contracts to companies that they will be working with.

Speaking in Dar es Salaam, the TSC Chairman, Mr Frank Chuma said that they have reached agreement with the government on the fulfillment of important requirements that are needed by seafarers.

He said next process shall be signing contracts between the Commun.... Read more »

Posted on : Monday , 16th November 2015

Local Firms Partner to Sell Made in Rwanda Electronics

Local entrepreneurs and investors in the ICT sector have partnered to form a wholesale distribution outlet of gadgets and electronics manufactured in the country by Positivo BGH.