Tullow Oil has revealed plans to transport Kenya’s first crude oil to Mombasa within the next few days. This is coming days after the government revealed plans to refine the country’s first crude oil at the Mombasa refinery. Tullow intends to perform an Early Oil Pilot Scheme (EOPS) whereby it will transport two trucks loaded with crude oil from the Amosing and Ngamia oil fields to the...

The Ghanaian energy market is presently eyed by various Chinese power developers. Among these Chinese firms is the solar panels manufacturers Halo International which plans to establish in the West African nation, a plant to produce its panels, this September. The plant which will have a production capacity of 20 MW per year will be located in Tema, 38km from Accra, the capital. “We can...

The government has numbered 13,000 fictitious public servants in its wage bill, which cost it a total of FCFA30bn or $50 million. This was announced by Mali’s Minister of Information Mountaga Tall. “After proceeding to a physical control of payments, the Minister of Public Service discovered 13,000 fictitious or irregular employees (…) if adequate measures are taken, about FCFA30...

Canadian plane manufacturer Bombardier will transfer part of its activities from Ireland to Morocco, The Belfast Telegraph reported on August 12. The Irish newspaper indicated that the firm decided to proceed to the transfer to cut production costs. “It is absolutely critical that we continue to transfer work packages in which we are no longer competitive so we can safeguard the long-term...

For some months now, South Africa has been experiencing an economic crisis characterized by a very high unemployment rate, scandals related with its President Jacob Zuma, strikes in the oil sector and the failure of the ruling party namely the African National Congress (ANC) party at the Municipal Elections. The economy however just recovered its position as Africa’s largest economic power,...

To advance its Yanfolila project in Mali, the mining firm Hummingbird raised $3.8 million through the private placement of 11.1 million new ordinary shares at 26p per share. Proceeds from the fundraising will be used to determine the development potential of additional resources available near the mine where works are ongoing for first production by the end of 2017. In terms of potential...

Within five years, Tanzania is going to add a new page to the modern African history as its rural areas will have more power than its cities. This was announced by Tanzania’s minister of power and minerals, Sospeter Muhongo. Noting that in most African nations, urban areas have more access to power than rural areas, the minister declared: “But in Tanzania within these five years, the story...

Miner Orezone Gold declared that the council of ministers of the Burkinabe government has approved its application for a mining permit for its Bomboré gold project. “This is a major milestone for our team and the Bomboré Project, including all of its stakeholders. This completes the permitting process and allows us to focus on the time line to construction and building up our operating...

In a study, NGO Wildaf/Senegal revealed that Senegalese women own only 13% of agricultural lands across the country. A surprising reality considering that these “women represent 26% of persons in charge of agricultural plots”. According to the NGO, discrimination is behind the lack of access of women to lands. “Irrespective of the various land transmission modes (inheritance, sale, land...

Half a century ago, Alain Peyrefitte in his novel,  “Quand la Chine s’éveillera… le monde tremblera” (When China awakes… The world will tremble) revealed the huge growth potential of China’s economy. Now, it is the IMF’s which warns the economy telling its authorities to “immediately take action” against its troubling “financial weaknesses”, with at the top a huge...