In a statement published on its website, non-lucrative international organization Grain denounced pressures on local communities in Congo by Feronia Inc, a Canadian firm owned in majority by European and American development banks, to abandon their right to lands. “Over the past days, Feronia Inc. has been putting a lot of pressure on local communities so that they sign a term of reference...

As they aim to facilitate the appropriation of the 98-750 law of 23 December 1998 relative to rural land, Ivorian authorities launched a sensitization campaign in villages of the Bouaké department, in the central part of the country. Addressing a group including traditional chiefs, members of villages’ committees for development and State agents, the various speakers, namely the...

On July 28, 2016, Chinese and African firms signed cooperation agreements worth about $17 billion, during the Johannesburg Summit which took place under the recent Forum for China-Africa Cooperation (FOCAC). Financial institutions namely the China Council for the promotion of International Trade (CCPIT) and these firms signed intention letters regarding 39 projects, in the infrastructure,...

SacOil has announced that it is confident that Total would launch a drilling campaign in 2017 on a resource in the Democratic Republic of Congo (DRC), after positive geophysical exploration results. The company which is the operating partner over Block III, recently concluded the procurement of 244 km of 2D seismic data over the northern part of the block. The 3 177-km² onshore acreage,...

ExxonMobil Corp. is currently in talks with Eni SpA regarding the acquisition of a minority stake in natural-gas discoveries off Mozambique. According to sources, Exxon’s Chief Executive Officer, Rex Tillerson (photo) discussed the plan with the President of Mozambique, Filipe Nyusi, last week in Maputo. ExxonMobil’s involvement would possibly fast-track the development of the liquefied...

Africa Oil Corp in its operational update on activities in the South Lokichar basin in Kenya, announced plans to restart drilling operations in the oil basin in Q4 of 2016. The drilling will commence with an initial programme of four wells with a possibility to extend this by another four wells. The first two wells will be the Etete and Erut prospects in the north of South Lokichar basin.Other...

Savannah Petroleum Plc has announced that it has about to acquire a 3D seismic data on its R3 licence area in south east Niger. According to the company, one of its subsidiaries has now signed a call-off order. The call-off order will allow the company acquire around 800 km² of 3D seismic data over a portion of Savannah Petroleum's R3 licence area.The company added that the seismic data has...

Saturday, during a work visit in the Mascara wilaya, the Algerian minister of agriculture, local development and fishing Abdeslam Chelghoum, said 48% of agricultural lands across the country were unused. This is in part the fault of farmers but the government also which plans to solve the issue by implementing a global rehabilitation plan for agricultural lands. To this end, a ministerial comity...

Nigeria, Africa’s leading economy, after its grand space ambitions just commissioned its first high speed rail system. President Buhari indeed officially inaugurated the country’s and West Africa’s first high speed train on July 26, 2016. The project which was partially executed by Nigeria’s former president, Jonathan Goodluck, was concretized with the help of a $849 million taken...

Chinese group Dongfeng Yangtse will build in Tangiers, Morocco, a car assembly unit (buses and latest generation electric cars). The project was estimated to cost more than a million dirham ($101.4 million). The fim’s CEO, Wu Tian Cai, told this to the local press on July 21, 2016. The plant whose construction is to start soon, should be operational in 2017. With a production target of...