On February 18, 2016, mobile operator Zain Sudan, subsidiary of the Kuwait telecom group Zain, received authorization from Sudan’s government to market its 4G services in the country. According to the Kuwait press agency KUNA, an agreement was signed in this regard between the firm’s CEO, Al-Fateh Orwah and director of National Telecom Corporation, Yahya Abdullah. Present at the signing was...

In Gabon, private Medias are pressuring the Minister of Communication so he releases the subsidy they have been expecting for the past 3 months. Finally, Minister Alain-Claude Bilie-By-Nzé responded on February 18, 2016, GabonReview said. “As long as the law is not respected, there will be no subsidy,” said the Minister of Communication. “A number of conditions must be met in order to...

The President of Nigeria, Muhammadu Buhari (photo) has revealed plans to visit Saudi Arabia to hold talks with King Salman on how the crude oil prices can become stable. “Ongoing efforts by Nigeria and other members of the Organization of Petroleum Exporting Countries to achieve greater stability in the price of crude oil exports are expected to be high on the agenda of discussions,” he...

Petroceltic International in its operational update on Monday revealed that development drilling has commenced on the Ain Tsila gas and condensate field in Algeria. The just constructed SINOPEC Rig 50117 which was received on the Isarene permit in November 2015, was assembled on site and has successfully passed acceptance testing. The rig has now drilled the development well AT-10. The AT-10...

The Egyptian Ministry of Petroleum has given the Egyptian Natural Gas Holding Company (EGAS) the directives to grants Eni the Zohr Development Lease. This lease makes provision for the development of the gas field, situated in the Shorouk Concession, offshore Egypt. The development plan predicts the commencement of production by the end of 2017, with a progressive increase till a capacity of...

Manitoba Hydro International (MIH) has been selected by the Liberia Electricity Corporation (LEC) to operate contract for its management. Peter Graham, the chief executive of the company who made the announcement revealed that MIH in addition to taking care of LEC’s management will be investing in it. The company, under the contract, will in the mid-term be managed by MIH who will insure that...

Ghana has banned imports from Nigeria and other countries from which it gets crude oil amongst many other products. According to Ekwow Spio-Garbrah (photo), Minister of Trade and Industry, Ghana and Nigeria’s trade, account for approximately 68% of the region’s gross domestic product (GDP). He added that Nigeria had the advantage in the transactions. Nigeria accounts for about 10% of...

In Angola, re-export of food products has been banned. This decision was taken by the government’s economic team. According to Macauhub, this was decided as a result of massive re-export of products initially imported for local consumption. This situation which has been present for months now mainly involves sugar, rice, beans, corn flour or cooking oil. Angolese Minister of trade said the...

In the coming weeks, Tunisia will issue a Eurobond ranging between €750 million and €1 billion, Reuters reported on Feb 19 citing an official source. “We will go to the international market in few weeks. It should be between mid-March and May 2016, for between 750 million euros and 1 billion euros,” the official told Reuters, indicating that funds collected after the...

Interwaste has inaugurated South Africa’s first refuse-derived-fuel (RDF) plant, which makes fuel from nonrecyclable materials, such as plastic, in so doing decreasing waste to landfill. “In line with global best practice, Interwaste continually invests in innovative solutions that have the most environmentally sound waste management [practices] at its core. It is with this in mind and with...