The Federal Government of Nigeria through the Minister of Transportation, Rotimi Amaechi (photo), has revealed plans to start transporting petroleum products by rail from the country’s seaports and refineries. This plan is part of efforts to put an end to problems encountered on a regular basis while distributing petroleum products by road transport since the collapse of the country’s...

On Wednesday, the governor of Sidi Bouzid in Tunisia, Mourad Mahjoubi, told the TAP agency that “the Meknassi phosphate mine would become operational starting from mid-November”. This announcement emerged from a meeting between representatives of ministry of industry and those of Gafsa, the phosphate firm in charge of operating the site. Extraction at the mine which was closed in 1929 due...

In a release published on its website, the OPEC (Organization of Petroleum Exporting Countries) who produces about 40% of global crude oil announced that price of the barrel for all 13 types of crudes that its basket price contains, slumped down to $29.71 on January 6, 2015, dropping below $30 for the first time ever since 2004. This basket price includes crudes produced by countries...

“We already passed the stage where we can talk of a disappointing production. This, is a disaster.” These are the words of Jannie de Villiers, CEO of the largest South African cereals association, Grain SA, describing the current maize season. The executive said the rainbow nation could import as much as 5 million tons of maize this year. This represents about 50% of its needs which have...

In Morocco, Miller Forafric just acquired the Tria group. In doing so, Forafric hopes to strengthen its position on the market by using Tria’s resources in terms of logistic, people, and consumers’ products,Medias 24 says. With this transaction, Forafric now has two millers, a distribution group, one unit that produces pasta and couscous, and a trading company. Now Forafric-Tria, the group...

On January 8, 2016, Kenya’s government via the Information and Communication Technologies Authorities (ICTA) will proceed to the opening of financial bids for the call of expression of interest launched on September 22, 2015, in the framework of its digital learning program. Under this project, the government will buy 983,271 laptops for 22,000 primary schools nationwide. The Kenyan newspaper...

Tunisia is currently constructing a pipeline that will lessen its dependence on gas imports and reveal the potential of the country’s gas-rich southern region, Interfax News reports. The Pipeline according to Trent Rehill, president of licence-holder Winstar, when completed will reassure more development of southern Tunisia’s gas resources. The pipeline will allow licence-holders to get...

It is more than likely that Kenya will soon be connected to the USA through direct flights. “We shall get direct flights to the US by May this year considering that we cleared most of the audits required”, Kenya’s minister of transport, James Macharia, said in local news. It should be recalled that during his recent visit to Kenya, President Barack Obama mentioned this. “Our governments...

Netflix, the global VoD (Video on Demand) giant finally lands in South Africa. The American firm just launched its streaming service in the country. Streaming will cost R126 ($7.99) per month and can be accessed on one screen only. The High Definition or HD costs R158 ($9.99) per month and can be accessed on two screens simultaneously. With the Ultra HD Premium, streaming can be done on four...

World Bank says growth in sub-Saharan Africa in 2016 will surge up to 4.6%. Quite impressive considering that the region just experienced a year marked by some external shocks (falling prices for raw materials and the raising of US dollar) and internal challenges linked to insecurity and infrastructure. The institution in its forecasts, said CFA-users should record a better progression with an...