Erin Energy has successfully completed the acquisition of a new 3D seismic survey off the coast of Gambia. Polarcus was awarded the contract by the Company to carry out the survey using the Polarcus Alima, an ultra-modern 12 streamer 3D/4D seismic vessel. The survey covered approximately 1,613 kms² on Erin Energy’s A2 and A5 blocks. The Company plans to commence processing and interpretation...

President of the Democratic Republic of Congo Joseph Kabila has approved a new oil code envisioned to enforce order on a haphazardly regulated sector, according to Engineeringnews. The code, which was signed by the president last month but has not yet been published online, does not contain major changes from the text passed by parliament in June. Moreover some activists feared that Kabila...

In Angola, Chinese company Citic is now taking the plunge in the agriculture sector. According to Radio Chine Internationale, the group will introduce modern agriculture technologies to the country. Justifying this transition, Lu Guigen who leads the African subsidiary of the group said: "Angola is a big African country with good rainfalls, and we are trying to restore the status of the country...

The Casablanca stock exchange is getting ready to go to the next level. The government Council has just passed a bill of law aimed at bringing new blood to the financial market which capitalisation is currently at 475 billion dirhams (43.5 billion Euros), just a little under half of the Moroccan GDP. This "bill of law on the Stock exchange, brokerage firms and financial investment advisors"...

Amid the chaos resulting from attacks by Boko Haram in Nigeria and the political crisis in Central Africa, it has been revealed, by the ad hoc inter-ministerial committee dealing with emergency situations, that more than 300,000 refugees from both countries have set camp in Cameroon, considering it being the nearest and safest choice. The largest part of this mass exodus comes from Central...

In Mali, the Canadian cooperation has just launched the Strengthening Irrigated Agriculture Project (Renforcement de l’Agriculture Irriguée – REAGIR). The initiative which will cost FCfa 40 billion will help improve food security in the regions of Mpoti and Koulikoro. The project will last five years and enable the settlement and restoration of some 19,000 hectares of arable land, which...

Since September 8, 2015, Cameroon and Mali nationals are being asked to provide a visa upon visiting one country or the other. This visa will be delivered by the respective consulate of both countries. The decision follows a visit by Mali’s minister of foreign affairs, Abdoulaye Diop. Thus, Cameroon and Mali have decided to put an end to the 1964’s agreement for a free passage for citizens...

Visiting Dakar, Senegal on 9-10 September 2015, Charles H. Rivkin (photo), Assistant Secretary for Economic and Business affairs, informed that the Senegalese project of becoming an emerging market by 2035 has the full support of the American administration. “We fully support its Plan Sénégal Émergent and its other goals, and we are ready to support economic reforms, infrastructure...

Is Mozambique trying to reverse a trend destructive for its logging industry? The country has just announced the commencement of an inquiry into the illicit exports of wood to China, after the discovery of 70 containers loaded with wood of the “chanate” variety leaving the Beira Port. For the country, it is about sending a strong signal to smugglers in a context where illegal exports to...

Ocean Installer, a subsea company headquartered in Stavanger, Norway, has been given a contract for deep water UFR (umbilical, flowlines, risers) installation work with Total E&P Congo at the Moho Nord field off the coast of the Republic of Congo. The contract would be Ocean Installer’s first major operation in West Africa following the creation of the Africa, Mediterranean and Middle East...