The race to build Uganda's oil pipeline has been thrown open, realigning the regional power play after Tanzania inked an agreement with Uganda over a possible southern route early this week.
Posted on : Tuesday , 20th October 2015
Oil companies Total and Tullow agree with the Ugandan government on low tariffs for the transportation of the crude oil through a pipeline, but they differ over the choice of route.
Posted on : Tuesday , 20th October 2015
The Department of Environmental Affairs has issued an environmental authorisation for Shell South Africa Upstream B V's proposed exploration drilling in the Orange Basin Deep Water Licence Area, off South Africa's west coast.
Posted on : Tuesday , 20th October 2015
Zambia, Tanzania and Kenya are trying to find out how much electricity a planned high voltage power line linking them will deliver to each country as they prepare to launch the $1.4 billion project by 2018, Zambia's energy ministry said.
The interconnection is intended to enhance power trade, security of electricity supply and regional economic integration, Zambia's energy ministry said in a notice issued on Friday inviting consultants to undertake the study.
<.... Read more »
Posted on : Tuesday , 20th October 2015
President Muhammadu Buhari in Paris assured French investors of his administration's commitment to provide a suitable business environment that would boost economic activities and create jobs for the youth.
Posted on : Tuesday , 20th October 2015
The services sector will become the main engine of growth in sub-Saharan Africa as agricultural exports continue to decline and the manufacturing sector remains stagnant in many countries.
Posted on : Tuesday , 20th October 2015
African agriculture has long been a symbol of the continent’s poverty. Officials considered the hundreds of millions of African smallholder farmers too backward to thrive; the future would arrive not by investing in them but rather by bypassing them. But all that is changing.
Posted on : Tuesday , 20th October 2015
By challenging investors to look beyond the country’s borders, Kenya’s Ambassador to the Democratic Republic of Congo, Dr George Masafu, set an example that other envoys could follow for the benefit of the people who are paying their salaries and allowances that allow them to live like royalty. Dr Masafu also challenged Kenyan teachers and lecturers to go beyond demonstrating in the streets for higher pay and consider studying French, where necessary, to take up po.... Read more »
Posted on : Tuesday , 20th October 2015
Sunridge Gold Corp (CVE:SGC) has secured three key mining licences in Eritrea for the Asmara project.
Asmara Mining (AMSC), a joint venture 60% owned by the Canadian group, has been awarded licences spanning 19.3 square kilometres and encompassing four advanced deposits – namely Emba Derho, Adi Nefas, Gupo Gold and Debarwa.
These areas were all incorporated into the feasibility study for Asmara, a proposed copper-zinc-gold mining operation.
.... Read more »
Posted on : Tuesday , 20th October 2015
Black Rock Mining (ASX:BKT) has boosted the exploration target at its highly prospective Mahenge graphite project in Tanzania.
After incorporating new exploration data from mapping, trench, pit and drill results, the target increased to between 84 million tonnes to 115 million tonnes at 8.66% to 10.34% total graphitic carbon (TGC).
The target is based upon the Ulanzi, Cascade and Epanko north lodes. It does not include the Kituti prospect.
.... Read more »
Posted on : Tuesday , 20th October 2015
Tanzania begins the construction of largest port in East AfricaTanzania has begun the construction of what it says will be the largest port in East Africa at a cost of about $11bn. Backed by China Merchants Holdings International and Oman’s State Government Reserve Fund, the project is expected to be a game changer in Tanzania’s quest to industrialize.
Officials in Tanzania believe that the construction of largest port in East Africa will not only boost th.... Read more »
Posted on : Tuesday , 20th October 2015
Construction firm Dorra Group has announced plans to construct 10,000 residential houses in Egypt in a bid to tackle the current demand for housing in the country.
Managing director Omar Dorra said they intend to target the youth in their housing projectl.
He said that they recently submitted a request to the Ministry of Housing to develop a residential project for youth and middle income persons.
“We have not yet received off.... Read more »
Posted on : Tuesday , 20th October 2015
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