Lekoil Ltd, oil and gas exploration and production company which is very active in Africa, announced yesterday the lifting of the first crude cargo from its Otakikpo marginal field in Nigeria. The cargo was lifted by Shell Western Supply and Trading Limited, subsidiary of Anglo-Dutch oil firm Shell, in respect to an agreement signed in March between the two parties. Under the contract, Lekoil...

Since December 22, 2016, la Guinéenne de Large Bande has been awarded the ISO 9001:2015 certification for its management, operation and maintenance activities of the Africa Coast to Europe submarine cable landing station, becoming the 1st operator to be recognized for its strong internal governance and quality management standards in Guinea. “This ISO certification demonstrates GUILAB’s...

Silicon Valley’s tech giant, Google, through its chief executive for Nigeria, Juliet Ehimuan-Chiazor (photo), asked the Nigerian government to reduce taxes and other fees involved in laying fibre optic cables. This should, according to her, boost technology industry in the country, Reuters reported on May 9. The executive said the industry’s development aligns with government’s...

Italian oil company Eni is set to build a new refinery in Nigeria, Reuters reported citing the country’s minister of petroleum, Emmanuel Kachikwu (photo). According to the official, the infrastructure will produce 150,000 barrels of oil per day. “We reached an agreement that Agip (Eni’s Nigerian subsidiary) will build a brand new refinery of 150,000 barrel capacity”, Kachikwu announced...

Nigeria has started exporting vegetables to the United Kingdom. This was disclosed by Vincent Isegbe, Coordinating Director of the National Agricultural Quarantine Service (NAQS).      Expressing himself regarding the development, the official said: “currently, we have been able to introduce vegetable exports. Initially, it was done in a disorganised manner”. Isegbe...

The Nigerian National Petroleum Corporation aims to more than triple Nigeria’s gas supply by 2020, reveals a statement reported by Reuters. The corporation has indeed revealed that, in collaboration with some of its partners, it has identified seven projects which will help boost domestic gas supply from 1.3 billion standard cubic feet per day (bscf/d) to 5 bscf/d. Among identified projects...

Senegal’s government launched today “Generation Senegal”, a platform through which the presidency will directly address the youth. “It aims to help authorities better respond to the needs of the Senegalese youth,” reads a statement from the presidency’s communication office. On the platform are available videos, quizzes and infographics which intend to inform in a fun and dynamic...

Mining firm Amani Gold signed with Chinese Luck Winner Investment a memorandum of understanding (MoU) for a $25 million investment in the Giro gold project, in DR Congo. The funds which will be raised via the placement of 500 million shares at a unit price of 5c, will be used to finance metallurgical testwork and drilling for feasibility studies. After the fundraising, Luck Winner, will be...

In Mozambique, the clergy denounced the excessive exploitation of rural land by foreign investors. This was revealed in a recently published pastoral letter. “The exploitation of African lands by industrialized countries favors the marginalization and impoverishment of local communities. From 2000 to 2013, 56 million hectares of lands in Africa have been sold or awarded to foreigners. This in...

The Rwandan government wishes to generate $400 million from its mining industry, by 2018. This was reported by New Times, citing Francis Gatare, chief executive of Rwanda Mines, Petroleum and Gas Board (RMPGB), who said the State would partner with mining firms to double the country’s mineral productivity in the next two years. According to Gatare, entities involved in mining activities...