Block L6 operator Dubai based Milio International is in the process of planning for the seismic acquisition and is currently coordinating with local authorities according to JV partner Pancontinental Oil and Gas.
This is part of a farm-out agreement where Milio negotiated entry into the onshore area of block L6 in Kenya to earn a 60% interest in exchange for a 2D seismic programme of not less than 1,000km2, drilling and testing of an onshore well and additional costs su.... Read more »
Posted on : Friday , 6th November 2015
Nairobi-based Mobius Motors recently announced and started pre-selling its Mobius II model, which will offer drivers a highly robust vehicle capable of tackling Africa’s rough rural terrain and will, importantly, be the most affordable SUV on the market, selling for around US$11,000 (other new models usually sell for about US$23,000). It achieves this price by offering a simplified design, with non-essentials such as air-con, power-steering and even windows removed from .... Read more »
Posted on : Friday , 6th November 2015
Chinese firm Sinopec International Petroleum Service Corporation has offered to finance the construction of phase II of gas project in Ghana.
Posted on : Friday , 6th November 2015
The construction of wind power projects in Egypt has received a major boost after African Development Bank (AfDB) agreed to extend a loan of US$50 towards the projects. The project will be constructed by Egyptian-Emirati company.
Posted on : Friday , 6th November 2015
The pace and efficiency of import cargo clearance at the various ports of entry is expected to improve following a move by the government to expand the list of goods inspected at the point of origin before shipment into the country.
“Having more goods in the pre-shipment inspection arrangement is good for us because we will have lesser work here in terms of inspection. Goods shall be certified at the point of origin and shall only make confirmations when they ar.... Read more »
Posted on : Thursday , 5th November 2015
Kenya has shrugged off fears over a decision by neighbouring Uganda to consider building a crude oil pipeline through Tanzania.
Kenya brushed aside concerns that Uganda’s plan, if it proves cheaper than the alternatives, would scuttle its infrastructural plans for its own oil pipeline.
Acting Transport Cabinet Secretary James Macharia told the Nation on Wednesday that while Kenya is “keenly keeping a close watch on the unfolding events in Ug.... Read more »
Posted on : Thursday , 5th November 2015
Aisin, world renowned original auto equipment manufacturers, OM, has introduced its range of products into the Nigerian market with a mission to rid the nation's auto market of fake vehicle spare parts, and promote safe driving culture in the country.
Posted on : Thursday , 5th November 2015
Stevens Trading and Manufacturing, which produces safety-wear and corporate clothing, on Monday opened a new garment factory in Okahandja to compliment their already existing factory in Swakopmund, their retail outlet in Ongwediva and their headquarters in Windhoek.
Posted on : Thursday , 5th November 2015
Livestock Development and Fishery Minister Silesh Getahun said one of the means for achieving its mission is boosting agricultural production and productivity in which livestock and fisheries are one and the most.
Posted on : Thursday , 5th November 2015
Abuja — INVESTORS from Argentina have indicated interest in investing in North-Western Nigeria Kano State 's agricultural sector.
Posted on : Thursday , 5th November 2015
An annual fresh produce trade show in Berlin has borne fruit for the avocado industry in Kenya.
Posted on : Thursday , 5th November 2015
Dodoma — Grapes farmers in Central Zone have reason to smile as the government has named the crop among the main resources to be used in boosting the economic status of the designated capital city.
Posted on : Thursday , 5th November 2015
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