Only six days left before telecom operators that applied for a 4G licence from the Post and Telecommunication Regulatory Authority (ARPT) are known. Among these are Mobilis whiwh is extremely impatient regarding the outcome of the process on May 23, 2016. On the World day for telecommunication and information society in Tunisia, interim chief executive of Mobilis has told Algérie Presse Service...

Users of Orange Tunisie will soon be able to send and receive money, top-up their or others’ credit balance, renew an internet bundle and pay other bills from their mobile phone. Following the example of various other African markets, the French company has decided to introduce in Tunisia, its mobile money service. Orange Money will be launched in partnership will Société Monétque Tunisie...

Amec Foster Wheeler has been granted a project management consultancy contract by NIRAS to support the Kenyan Ports Authority’s offshore relocation and expansion of the Kipevu Oil Terminal (KOT) in Mombasa, Kenya. The Kipevu Oil Terminal is to be moved to a site near to the Mombasa port berth 16 and 17 in Mtongwe. The scope of work on the project includes the decommissioning of the current...

Angola has become Africa’s main oil producer as the country’s oil production rose again in April, the Organization of Petroleum Exporting Countries (OPEC) in its monthly report revealed. The country’s per day production rose by 17, 800 BO to 1.788 million barrels in April overtaking Nigeria’s production which dropped by 56,800 barrels to 1.637 million barrels. According to the same...

Shell and its subsidiary British Gas (BG) have signed an agreement with the Egyptian Petroleum Ministry to acquire $400 million out of their financial dues by the end of June, in exchange for hiring a driller and resuming work in the 9B phase of the project in the Burullus fields in the Mediterranean Sea. This is coming after BG held talks with the Egyptian General Petroleum Corporation...

The Ethiopian government has officially confirmed to KEFI Minerals it would invest $20 million in its Tulu Kapi gold project. Through this investment, the government will quadruple its stake in the firm to 25%. The firm said funds provided by government will be used to finance roads, power and other infrastructures associated to the project. "This represents an important step towards...

The government of the Democratic Republic of Congo has presented on May 16, a draft law for its state budget which cuts expenditures by about 1,865.5 billion Congolese francs (€1.73 billion) due the fall in prices of commodities. “Expenditures projected in the 2016 Supplementary budget act reach 6,610.9 billion Congolese francs against 8,476.4 billion Congolese francs in the initial budget,...

Morocco’s commercial deficit has widened by 6.1% reaching 52.51 billion dirham ($5.4 billion), against 49.48 billion dirham ($5.1 billion) over the same period in 2015. This was revealed by l’Office Marocain des Changes, (Moroccan office for currencies) which just published preliminary indicators of external exchanges for the first four months of 2016. The year-on-year hike in commercial...

Libya, backed by the international community plans to return to the pre-war levels of oil exports, Foreign Minister, Mohamed Taher Siala, revealed. This is coming after the country’s National Oil Corporation in Tripoli and its rival in Benghazi decided to cooperate and allow export to resume in Libya. “On the question when the first export of oil should begin: you know that sanctions were...

Ghana intends to construct another oil refinery near the existing Tema Oil Refinery (TOR). According to the President John Dramani Mahama, the planned 100,000 barrel per day is part of the dream to make Ghana the center of downstream petroleum in West Africa. “We are going to refurbish your storage tanks and expand the amount of petroleum products that we can produce and store. We will ramp...