Despite risks of attacks by Boko Haram, the government of Nigeria has announced plans to resume oil exploration in the Lake Chad Basin area within six weeks, in the Northern part of the country. This was disclosed on Monday by Saidu Mohammed, chief executive officer in charge of gas and power at the NNPC. “We are in the [Borno] state to inform you that in the next six weeks, we are going to...

On the sidelines of a ceremony presided by Morocco’s King Mohammed VI on May 15th, two agreements related to the Nigeria-Morocco gas pipeline project and bilateral cooperating in the fertilizers sector were signed. The projects will thus be officially launched. The first agreement, knowingly that for the gas pipeline was signed by the director general of the Moroccan Office for Hydrocarbons...

The strike movement initiated last week at the subsidiary of oil major Exxon Mobil by members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has spread to other oil companies. These are Chevron, Shell and Agip which is Eni’s subsidiary. The oil workers behind the movement protest over the sacking of employees of Exxon Mobil Corp in December 2016. They are...

World Bank’s board has granted Senegal $97 million to develop its power sector. “Senegal has one of the best electrification rates in Sub-Saharan Africa, yet electricity is more expensive than average in the region, and access to electricity in rural areas is still low,” said Louise Cord, head of the World Bank operations in Senegal. The newly awarded facility will be injected in the...

In the framework of the project for the adoption of land governance charters by Senegal’s communities, the non-governmental organizations Council for development support (CONGAD) organized on May 14, 2017, in Ida Mouride, Koungheul department, a workshop to boost land management skills of 105 community stakeholders. This was reported by the Senegal Press Agency (Agence de Presse Sénégalaise...

Burkina Faso has secured a FCFA19.5 billion grant from the Islamic Development Bank (IDB) which will be invested in the life and subsistence segment of the Programme for sustainable growth of pastoralism in the Sahel. This was revealed by the African Press Agency (APA) citing the ministry of economy and finance. The project aims to “boost animal production and subsequently increase revenues...

On May 15th, the Nigerian oil firm Oando said it is in talks with Italian firm Eni to rehabilitate Nigeria’s Port Harcourt refinery. In a public notice released on Monday, the Nigerian firm said if talks are successful, it will work with Agip, Eni’s subsidiary, to rehabilitate the plant so that it produces the volume it was designed to, knowingly 210,000 barrels per day (bpd). Currently the...

In partnership with MainOne, the Lagos State government launched a free public Wi-Fi project in Lagos. This, on the sidelines of the 50th anniversary of the State’s creation. The news was disclosed by the Executive Governor of the Lagos State, Akinwunmi Ambode. He said the project will cover parks and gardens in the city. “Parks and Gardens are established to provide conducive environment...

Management Environmental Finance (MEFIN Srl), an Italian firm specialized in waste management said it is interested in establishing a €40 million waste-recycling plant in Calabar, Cross River State. “It will cost Cross River nothing to install the plant as the company is committed to using the state as its pilot for the establishment of the plant in Nigeria and it is going to invest 40...

Is Eurofind going to enter the Ivorian cocoa and cashew processing market soon? This is what suggests a meeting between the firm’s chief executive, Adham El Khalil, and Cote d’Ivoire’s Prime Minister, Amadou Gon Coulibaly, news website Koaci reported. Though Eurofind did not give full details regarding its plans, the company said it has the government’s support if it intends to enter...