Prisons in Senegal have started trading online. “Yes WeSell”, a platform created for prisoners and through which they can sell any product they manufacture such as art creation, artisanal products or house furniture. The “Yes WeSell” platform was created on January 1, 2016 and is “solely dedicated to the sales of prisoners-made products” according to its founder, Moctar Cissé. The...

In an interview with CNBC Africa today January 6, 2016, Pierre Celestin Rwabunkumba said three new companies could soon land on the Rwanda Stock Exchange. Not disclosing the names of these companies, the executive however said they operate in the finance, transport and logistics industries. “We are currently talking with various companies to help them in the process but as you know, we do not...

Towards mitigating the impact of plumb poisoning in Kabwe, Chingola and Mufulira in Zambia, the World Bank has disbursed $30 million for Zambia. Lasting five years and taking place in three stages, the scheme dedicated to this end is led by the Ministry of health and Zambia Consolidated Copper Mines-Investment Holdings (ZCCM-IH). Starting from June, an awareness-raising campaign will be...

Chinese Fujian Shai Corp just announced it would invest $300 million in Guinea Bissau. A part of this amount will be used to build a fishery complex in Prabis. The company’s head said this unit would generate 3,000 direct jobs. The executive added that his firm was currently studying with the country’s authorities, the opportunity to make similar investments in the fishery industry....

Maroc Télécom, Méditel and inwi from Morocco blocked all VoIP calls on their networks. Media24.com citing an internal sourcee of these operators said the blocking was backed by legal facts. However, though the VoIP calls cannot be made using 3G and 4G, it is still possible to make them using the Wi-fi. The website adds that even these should be completely blocked by the next two months. Asides...

The Price of Diesel in Namibia dropped on Wednesday making motorists breathe a sigh of relief, the Namibian News reports. According to a statement released by the Minister of Mines and Energy, Obeth Kandjoze (photo), the pump prices for diesel at Walvis Bay is to drop to N$9,77 per litre, while unleaded petrol will stay at N$10,54 per litre. He noted that the price of crude oil fell gradually...

Egypt has entered into an agreement with Kuwait Petroleum Corporation (KPC) for the import of crude oil from the country. Under the agreement, KPC will supply the country with 3 million BO per month as well as a $1.2 billion solar and jet-fuel supplies per annum. According to an official, the agreement is for 2million BO per month, to be paid before September 2016, with an alternative for...

Hyperdynamics Corp on Tuesday announced a deadlock in its plans to continue operations and proceed with the drilling of an exploration well under the Joint Operating Agreement (JOA) administering the oil and gas exploration rights offshore Guinea, Energy-pedia reports. This deadlock is as a result of the failure of members in the project, (Tullow Guinea, and Dana Petroleum...

Nigeria’s Kaduna, Port Harcourt and Warri refineries have reached a joint regular production of more than 6.76 million litres of petrol a day, the Nigerian National Petroleum Corporation (NNPC) revealed. Domestic petrol refining is estimated to rise to more than 10 million litres a day by the end of January,  the corporation’s Group General Manager, Group Public Affairs Division, Ohi...

Libya on Tuesday witnessed another attack by the Islamic State militants (IS) on its 340,000 bpd crude oil export terminal, following a clash on Monday with security forces, which resulted to an explosion at the facility. According to a spokesman for the Petroleum Facilities Guard, Ali Hassi, and a report from the National Oil Corporation, the group resumed its shooting on Tuesday, close to the...