DeepOcean has announced that it has been granted a three-year contract by Tullow to provide a light construction vessel (LCV), offshore Ghana. According to the company, the DP2 ROV/construction vessel Dina Star, has been prepared with two 220HP Constructor ROV systems owned by DeepOcean Ghana. The scope of work includes inspection, maintenance and repair (IMR), surveys and subsea construction...

The Nigeria LNG Limited (NLNG), plans to add another train to its six existing trains at its base on Bonny Island, Nigeria. The new train, when combined to the current six and a seventh train that had been on hold for more than 10 years, it will make the total number of trains at the NLNG plant increase to 8. According to the Managing Director of the NLNG, Bab Omotowa (photo), the new Train 8...

In Mauritania, a 510km-long electric line will be laid between the capital city Nouakchott and Nouadhibou, the commercial capital. The infrastructure will comprise 225 KV and 90 KV lines as well as associated posts. Cost for construction of the line has been estimated at $150 million which are to be provided by the Mauritanian government and Saudi Fund for Development. An agreement was...

To support its partner Livity Africa, American Internet giant Google has committed to train one million young Africans, in digital skills, next year. Google’s program is part of two others of Livity Africa. First is “Digify Bytes” that aims to give digital skills to young people who want to develop digital careers. Second is “Digify Pro”, a three-month immersion programme for digital...

Major Ivorian journalist, Mamadou Ben Soumahoro, gave up the ghost on April 11, 2016 in Accra, Ghana. The 74-year old did not recover from a stroke he had some time ago. The man’s professionalism was renowned even amongst his opponents and critics. In the 1980s, he was director general of state-owned channel Radiodiffusion Television Ivoirienne (RTI). Mamadou Ben Soumahoro was also engaged...

Ghana’s oil palm industry has been struggling for some time now following a series of incidents that led the international market to start doubting the quality of local production. After the announcement of news about use of Sudan IV, a product used to make palm oil redder but also a cancer-causing agent, it has been revealed that centipedes were also being used for the same purpose. This was...

Canadian mining company True Gold produced first gold at its Karma project in Burkina Faso, few weeks, after announcing start of heap leaching. Last month, the company said it treated 600,000 tons of gold at a grade exceeding average and planned to produce first gold March ending. “We are delighted to pass this key milestone at the Karma mine and are now focused on the ramp-up period aimed at...

Brazilo-Belgian brewer Anheuser-Busch InBev just submitted to the European commission, a list of concessions in the framework of merger with South African SABMiller. The group thus aims to get Brussels’ approval for what will be the biggest overtaking ever in the consumption goods industry, Reuters reports. In this regard, AB Inbev previously negotiated an agreement with Japanese firm Asahi...

The International Monetary Fund (IMF) on April 12, 2016, said it feared that global economy will stagnate amid prolonged low growth levels in most economies worldwide. “Lower growth means less room for error,” said IMF Chief Economist Maurice Obstfeld, as central banks’ governors and ministers of finance hold spring meeting in Washington. IMF’s analysts say a generalized decline in...

Africa’s biggest cement producer, Dangote Cement Plc, secured a $2 billion loan from International Commercial Bank of China. “It’s for my two cement companies that we are establishing in Nigeria,” said billionaire and CEO of the firm, Aliko Dangote. Few weeks ago, Africa’s richest presided the foundation stone-laying ceremony of the Okpella cement plant, in Edo state. The cement...