Oryx Energies has just commissioned the first Liquefied Petroleum Gas (LPG) cylinder testing and requalification plant in Tanzania. The country’s first, the plant ensures that the safety and integrity of Oryx Energies LPG cylinders are more easily checked at the regular intervals required to ensure they meet Tanzanian and international safety standards. Cylinders were previously sent to...

The Ivorian government just announced that the second edition of the International Trade Fair on Equipment and Technologies for Cashew Processing (SIETTA) would take place on 17, 18, and 19 November 2016. According to Bruno Nabagné Koné, spokesperson of government, the event will be held under the theme “Industrializing the local cashew sector for a new Ivory Coast”. “The fair...

On March 1, 2016, Advans Cote d’Ivoire held the second edition of its SMEs meeting, at its office in Abidjan. The theme of the meeting was “Financing Small and Medium Enterprises: Advans’ SME offer, more than an option, a solution”. At the meeting were present entrepreneurs, SME-supporting institutions, and Ministry for National Entrepreneurship, SMEs promotion and Handicraft; more than...

Construction of Batoka hydroelectric dam has doubled to $5 billion. “From the feasibility studies we are doing, we are now talking of about US$4,5 billion, and the appetite (to fund the project) is there,” said Munyaradzi Munodawafa, chief executive officer of Zambezi River Authority (ZRA), Zimbabwe-Zambia joint venture company in charge of managing the Zambezi River basin. With its...

Tunisian insurer AMI Assurances will launch in April a call for expression of interest for the selection of a strategic foreign partner, website ilboursa reported on March 2. The new partner should be known by October 2016. This partner will hold a 33% stake in the firm’s capital, post-augmentation. Founded in 2003, AMI Assurances, as it acquired a complete mastery of automobile risk and...

The much awaited floating production, storage and offloading (FPSO) vessel, Prof. John Evans Atta Mills, was received at Ghana after a long voyage from Singapore. The FPSO, which left Singapore on January 23, 2016, is to be set up at the Tweneboa-Enyenra-Ntomme (TEN) offshore oil fields operated by Tullow. Owned by Modec (a Japanese company), the TEN FPSO is 340 metres long and can process up...

After 18 months, the Nigerian LNG facility on Bonny Island has dispatched its first cargo to the United Kingdom. According to shipping data the 145,926 cbm LNG Enugu constructed in 2005 by DSME of South Korea will be received at Dragon import terminal on March 10, 2016. Nigeria LNG in 2015 shipped about 40% of its output to Asia with 30% winding up in Europe but none was delivered to the United...

Indian telecom group Tata Communications Ltd, not discouraged by the recent failure of Vodacom to acquire its South African subsidiary Neotel, is seeking a new buyer. On March 2, 2016, a few days after the court of Pretoria rejected the transaction, Tata’s Director General, Vinod Kumar told Reuters: “We have been in discussions with Vodacom so there is no other potential buyer we are...

Some member countries of the Organization of Petroleum Exporting Countries (OPEC) plan to hold talks with non-OPEC members in Russia around March 20 to agree on output freeze, Kachikwu revealed. “We're beginning to see the price of crude inch up very slowly. But if the meeting that we're scheduling, should happen in Russia, between the OPEC and non-OPEC producers, we should see some dramatic...

Tullow Ghana Limited, has announced that the floating production storage and offloading (FPSO) vessel, Kwame Nkrumah will undergo a 14-day shutdown for maintenance. According to a statement issued by a company official, the vessel which operates in the Jubilee oil fields off the coast of the country, will be shut down on March 20, 2016 for maintenance. “The 14 days shutdown is to allow for...