Dolphinus Holdings and TAQA Arabia have requested for approval from the Egyptian Natural Gas Holding Company (EGAS) to import natural gas for the Egyptian private sector. In the interim, both companies have been granted preliminary approval for their import requests pending the time Egypt’s new gas law will finalized. According to a government official, the licences to import gas cannot be...

Reports have shown that based on current fields and development plans, Ghana could become the fourth biggest oil producer in Sub-Saharan Africa by 2020. According to Ecobank research report, once two new fields begin operation, the West African country’s total output will increase to more than 240,000 barrels per day. The report revealed that Ghana is currently in the ninth position,...

Three days after public announcement by Malian President Ibrahim Boubacar Keita for an efficient land management, the Ministry of Justice and Human Rights revealed that a meeting concerning the issue was held between the Keeper of Seals, Mamadou Ismaïsla Konaté, and his colleague, the Minister of State Domains and Land Affairs, Mohamed Ali Bathily. The news was reported by Maliactu.net. The...

Nigerian fiber optic operator, MainOne, has commissioned a new Point of Presence in Tema, Ghana. The new infrastructure will serve Tema and its surroundings and provide enterprises excellent services. For Kazeem Oladepo (picture), MainOne’s business executive for West Africa, the new telecoms infrastructure is an opportunity for Tema’s small, medium and large enterprises. “We are...

An official from Egypt’s Ministry for International Cooperation said the country was currently negotiating a $4 billion loan from China. If secured, the loan will be used to finance the national renewable energy strategy, he told Ahram Online. “China has shown readiness to provide the fund,” Shehab Marzban, the deputy minister for economic affairs, told the media. He said the...

Morocco’s leading bank, Attijariwafa Bank, has announced on September 19 that it will build a giant tower with offices and apartments in Casablanca Finance City (CFC). The “Borj Attijari” as it is named will cover 54,750 m². To this end, the bank which is owned mainly by the royal family launched a call to tender to pick an architect to manage the project. All interested architects must...

A Consortium composed of Renault-Nissan, Schneider Electric, Moroccan M2M and State-backed firm ADEREE (National Agency for the Development of Renewable Energy and Energetic Efficiency) has initiated in the framework of the COP22, a project which aims to conceive the first “made in Morocco” electric car. The four entities are deploying all efforts to unveil the major lines of the project on...

Equatorial Guinea is currently in talks with potential buyers regarding pricing terms for production from the 2.2 million tonnes per year (tpy) Fortuna Floating Liquefied Natural Gas (FLNG) project.The West African country is eyeing Europe as its next market, as Asia remains its key LNG customer. “We are seeing that the European market is becoming more attractive for the future than Asia,”...

For the first time since 2014, a tanker set sail from Libya with a crude cargo heading for Italy after rival armed forces decided to put an end to their clash and allowing the country to resume exports from its third-largest oil port. According to Nasser Delaab, petroleum operations inspector at Harouge Oil Operations, the tanker, Seadelta, left the port of Ras Lanuf with 781,000 barrels of...

“There will be no issues, this event is organized bv the government!” said the invitation letter written by the organizers of the Africa IT Expo (AITEX) sent to the young journalist of Agence Ecofin, enabling him to obtain his Visa once he’d arrived. However, upon his arrival from Cotonou, Benin, the border-police didn’t agree with the official note, doubting its authenticity....