Zambia is planning to sign with China, investment and loans agreements of up to 1 billion dollars, at the 6th Forum on Sino-Africa Cooperation (FOCAC) which will be held from 2 December to 5 December at Johannesburg, Reuters reported, citing the spokesman of Zambian president, Amos Chanda. The agreements include infrastructure projects such as roads, railways, power plants as well as investments...

The renowned American fast-food chain Burger King has chosen Ivory Coast as its starting block for its journey to Africa’s conquest. The company indeed announced it would partner with Servair which will run a 90m2 restaurant in Carrefour’s first mall in sub-Saharan Africa. With this, Burger King now steps out of its South African cocoon. However, it must highlighted that the fast-food’s...

Roch Marc Kaboré, candidate of the People's Movement for Progress (MPP), has been elected new president of BurkinaFaso after the first round with 53.49% of votes, according to provisional results announced on 1st December by the National Independence Commission (NIC/CENI). His main challenger, Zéphirin Diabré, who was the flag bearer for the People's Union for Change (UPC), came in second...

Despite a challenging environment, foreign investments in Tunisia have reached 1.865 billion dinars (903 million dollars) during the first ten months of 2015, recording an increase of 19.1% compared to the same period of 2014. The information has been released by the foreign investment promotion agency (FIPA). The agency noted that the flows are spread between foreign direct investments (FDI)...

Towards addressing the growing energy demands in the country, the Republic of Mozambique’s Pipeline Investments Company (Rompco), has today revealed plans to expand the 865km gas pipeline which conveys gas from Mozambique to South Africa. This expansion plan requires the installation of a pipeline similar to the previous one from scraper station 1 (STS1). The pipeline is about 128km from the...

In Mauritania, Sterling Energy Plc., has announced that it has concluded the acquisition of a 13.5% working interest in the Production Sharing Contract (PSC) for offshore Block C-10. The PSC which was awarded in 2011, is currently in the phase 2 of the exploration period which will expire on November 30, 2017. It covers Block C-10 which lies in water depths of 50 meters to 2, 400 meters with a...

In Cameroon, an eight-year agreement has been signed between Gazprom’s affiliated company, Gazprom Marketing & Trading Singapore Pte Ltd (GM&TS), Société Nationale des Hydrocarbures (SNH), Perenco Cameroon S.A. (PERCAM), Golar Hilli and Golar Cameroon (GOLAR) for the floating liquefied natural gas (FLNG) project, off the coast of Kribi. According to Offshore Energy Today, the project...

In Nigeria, the management of the Port Harcourt Refining Company (PHRC) Limited has announced that following the successful conclusion of maintenance works on its crude refinement unit, the company will commence operation this week, Sun news reports. PHRC whose columns collapsed in October this year, has not been able to refine its usual 210,000 bo/d production capacity, thereby adding to the...

Ophir Energy has awarded Fugro Enterprise, a contract to deliver survey services to be used to develop large-scale assets and infrastructure offshore Equatorial Guinea, LNG world news reports. Fugro is to use three of its vessels; Fugro Searcher, Fugro Scout and Fugro Frontier to carry out surveys which includes, Autonomous Underwater Vehicle (AUV) surveys, geotechnical, environmental and...

In South Africa, following the establishment of a coolant manufacturing plant in July this year in Woodmead, Cummins Filtration has appointed Hytec Fluid Technology (HFT) a hydraulic fluid specialist as its dealer for the Fleetguard range of engine protection products in Southern Africa. This facility is to serve as a new regional distribution centre and...