According to Abderaouf Hamouche, Manager of the National Micro-enterprises Campaign launched in August 2015 by Algérie Telecom, in partnership with the Agence Nationale de Soutien à l’emploi des Jeunes (ANSEJ - National Agency in Support of Youth Employment) and the National Young Beneficiaries of Credits Association, over 1,200 micro-enterprises will be created in the ICT sector at the...

Towards the end of October, Uganda witnessed the inauguration of the board of National Petroleum Authority and National Oil Company (NOC). The country believes the inauguration could lead to production licences being awarded to Tullow Oil and its partners in Uganda. According to Tullow, the awards are expected to be granted soon. The company revealed that it is working closely with the...

In Nigeria, following the successful completion of the Aje-5 production well, Panoro Energy has announced that the Aje-4 well previously drilled in 2008 has also been completed as an oil production well. The Aje-4 and 5 wells situated in the Aje field on the OML 113 licence offshore Nigeria, have been perforated in the Cenomanian oil-bearing zones with encouraging signs of well productivity...

Tanzania’s Petroleum Development Corporation (TPDC), has announced that it will begin an advanced search for crude oil in Lake Tanganyika. The corporation on its premier stage of survey across the lake stated that it is confident that the vicinity from Kigoma Rural, Kigoma Ujiji, Uvinza and Mpanda Rural has great quantity of oil resources. Indeed, the corporation’s confidence is based on...

Today in Egypt, SacOil through its subsidiary Mena International Petroleum has commenced drilling on the Lagia 11 well situated within the Lagia oilfield in Sinai, offshore Egypt. The Lagia 11 well is part of the phase 2 field development operations which includes five wells (Lagia 11, 12, 13, 14 and 15) aimed at boosting and optimizing production. They are to be drilled with the contracted...

In Egypt, the Minister of Petroleum Tarek El Molla (photo) on Sunday announced that the country has signed a Memorandum of Understanding (MoU) with Iraq for the importation of Oil as well as natural gas. According to a statement issued from the ministry, the contract was part of an agreement between Egypt, Iraq and Jordan. Under the agreement, Iraq is to supply the two other countries with...

In Côte d’Ivoire, Séman will soon welcome a cassava processing plant. The infrastructure, which construction will require an investment of FCfa 100 million will enable the production of “high quality” flour. According to Jean-François Koblavi Diby, who is part of the executive of the autonomous district of Yamoussoukro, the construction works for the plant will begin in January 2016....

Green Energy Park now hosts the first solar-powered mobile desalination plant made in Morocco. The structure which produces approximately 5m3 of water per hour is made of 57 solar panels and 18 thermal panels which provide all the energy it needs to work. In addition to being mobile and energy-sufficient, it can be quickly installed, which makes it ideal for isolated populations and small...

Over the first 10 months of the year, one new car out of three sold in Algeria was from Renault, BFM Business revealed. The French manufacturer can congratulate itself on the investment of € 50 million for the construction of a plant in Oran, of which the Algerian state owns 51% shares. “In Algeria, Renault secured a market share of 33.6% over the first ten months of 2015, against...

After being one of the first African financial institutions to put respect for ecosystems in funded projects as a main concern, the West African Development Bank (WADB) just adopted a real "Environment and Climate Strategy 2015-2019" which aim is to lay the foundations for green growth in the ECOWAS. This roadmap focuses on three main areas: Strengthening the capacities of operational units in...