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
The Ministry of Energy Wednesday, 7 October launched a new project for the procurement, installation and commissioning of reinforcement and extension of minimum and low voltage network and supply of prepaid meters and vending stations in the Western area, almost 40 years since a similar project was carried out in the country.
Posted on : Thursday , 15th October 2015
Johannesburg — The African continent could generate nearly a quarter of its energy needs using indigenous, clean, renewable energy by 2030 writes SHARON KYATUSIIMIRE.
Posted on : Thursday , 15th October 2015
Uganda is the most improved economy in the East African region in terms of creating a conducive environment for trade and investment, according to the latest Global Competitiveness ranking.
Posted on : Thursday , 15th October 2015
A United Kingdom-based multinational consumer goods company has opened a R600 million ice cream factory, said to be the first of its kind in the continent.
Posted on : Thursday , 15th October 2015
TANZANIA and Uganda have signed an agreement to explore the possibility of building a crude oil pipeline between the two countries, Uganda's Ministry of Energy and Mineral Development said on Monday.
Posted on : Thursday , 15th October 2015
A FEW days after laying foundation stone for the modern terminal building at the Abeid Amani Karume International Airport (AAKIA) on Unguja Island, President Ali Mohamed Shein has promised to upgrade the current small airport in Pemba to international level.
Posted on : Thursday , 15th October 2015
There are still opportunities for Public Private Partnerships (PPPs) in the country, says Mr Andre Kruger, the Public Private Partnership financing specialist of Barclays Africa.
Posted on : Thursday , 15th October 2015
The Regional FAO field coordinator for MDG1C in Upper River Region has described value chain in agriculture as a prerequisite to boost the commercialization of agricultural products, and to attain sustainable livelihood development.
Posted on : Thursday , 15th October 2015
Two small scale mining companies are seeking gold and silver extraction licences to join the multi-billion Birr sector now dominated by MIDROC Gold.
Posted on : Thursday , 15th October 2015
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