The British government has pledged to support Nigeria's effort towards ensuring stability and development with a commitment worth N65 billion.
Posted on : Friday , 16th October 2015
Schneider Electric, along with Green Village Electricity Projects Limited, Arnergy Solar Limited and the Bank of Industry Nigeria Limited, has commissioned low-cost off-grid solar energy solutions for rural communities in Nigeria
Posted on : Friday , 16th October 2015
The long awaited plans for the construction of Dabaa Nuclear power plant in Egypt has finally taken shape as officials from Egypt and Russia got into final talks on the way forward.
Posted on : Friday , 16th October 2015
The Newly constructed Weetabix East Africa plant in Kenya has been opened in the capital Nairobi. The move is aimed at increasing production capacity as well as enhancing efficiency.
The new plant which cost US$ 2.5m has the potential of generating up to 60 per cent of the company’s produce.
Managing director Mr. Ahsan Manji launched the new plant while marking the company’s 40th anniversary in Kenya.
“The recently unvei.... Read more »
Posted on : Friday , 16th October 2015
Multi-donor agency Trade Mark East Africa (TMEA), has hinted that the newly constructed Mombasa port terminal which cost US$ 30.9bn will be operational in June, 2016.
Dr. Chris Kiptoo, the TradeMark East Africa (TMEA) Kenya director said that the agency will hand over the facility to the Kenya Ports Authority (KPA) by mid next year.
The terminal which has a capability of increasing container space by 450,000 twenty-foot equivalent units (TEUs) at .... Read more »
Posted on : Friday , 16th October 2015
Nigeria's crude oil production has increased by 34,000 barrels per day (bpd) from the 1.865 million bpd in the month of August to 1.9 mbpd in September, according to the latest report of the Organisation of Petroleum Exporting Countries (OPEC).
According to OPEC in the report released on Monday, total crude oil production from member countries increased by 0.11 mbpd to average 31.57 mbd in September.
Besides, the International Energy Administration (IEA), on Tuesday,.... Read more »
Posted on : Friday , 16th October 2015
International Affairs Director General with Austrian Foreign Affairs Ministry Alexander Marschik said that Austria wants to strengthen bilateral relations with Ethiopia especially in the area of trade, investment and security.
Posted on : Friday , 16th October 2015
Luanda — The Cuito and Cuchi Mining Project in southeastern Cuando Cubango province is in very advanced stageand with a good dynamics.
Posted on : Friday , 16th October 2015
Caledonia Mining Corporation says Blanket Mine delivered 10 927 ounces of gold in the third quarter to September 30, a 5 percent increase from the previous quarter.
Posted on : Friday , 16th October 2015
Ethiopia and Djibouti have signed a deal worth $1.55 billion for the construction of a 550km refined petroleum products pipeline linking the two countries. The 20-inch pipeline which will transport diesel, petrol and jet fuel from Damerjog port in Djibouti to Awash terminal in central Ethiopia has been contracted to Black Rhino Group and Mining Oil & Gas Services (MOGS). Construction work is scheduled for completion in 2018.
The pipeline project includes an import.... Read more »
Posted on : Friday , 16th October 2015
Sudan and Algeria agreed to cooperate in areas of oil, gas, training and scientific research.
Minister of Oil and Gas, Dr Mohammed Zayed said during meeting his Algerian counterpart at the sideline of Al-Bashir-Boutaflika Summit that he forwarded a number of blocks in domains of oil, gas and development of fields, besides cooperation in areas of training a nd scientific research, studies and laboratories.
The Minister said Algeria has experience in area.... Read more »
Posted on : Friday , 16th October 2015
Kibo Mining (LON:KIBO) has finished work on the first phase of its definitive mining study (DFS) for the coal mine at its integrated power project in Tanzania.
The work included a 820m diamond core drill programme to confirm slope angles of pit design, coal metallurgy to ensure to determine the power station design and data to upgrade the resource in the next phase of the DFS.
Louis Coetzee, Kibo Mining’s chief executive, said: “Understandin.... Read more »
Posted on : Friday , 16th October 2015
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