November 18, 2015, during the Forum Information and Communication Technologies 4 All (ICT4All) which took place in Hammamet, Tunisie Telecom proceeded to another 4G test. This time however, the test was direct, in the presence of government executives including Prime Minister Habib Essid. With the help of telecom equipment manufacturer Alcatel-Lucent, the traditional operator reached 135.8 Mbps...

Nevsun Resources Ltd, the Canadian listed company operating on the world-class Bisha copper project in Eritrea, announced on November 18, it has reinforced its executive team by appointing Peter Tam as finance vice-president. Tam comes to the Toronto-New York listed mining company with more than 20 years of experience. He is “an excellent additional asset for our Vancouver team and will be an...

Egypt and Russia just signed an intergovernmental agreement for the construction of the Egypt’s first nuclear power plant. The infrastructure is to have four generators each producing 1200 MW for a total capacity of 4800 MW, Russian agency Tass reveals. Based in Dabaa, the plant will be the biggest project to associate Egypt and Russia since the Assouan dam. “With this infrastructure,...

The West African Development (BOAD) provided Ivory Diamond Cement SA (IVOCEM SA) a loan amounting to 7.5 billion FCFA to implant in Anyama (30 km from Abidjan), Côte d’Ivoire, a clinker grinding unit. The loan which represents 46.3% of the project’s total cost is part of a syndication mandate of United Bank of Africa (UBA) Côte d'Ivoire. The agreement associated to the loan was signed by...

In Côte d’Ivoire, the rebirth of coffee could very well pass through a new variety developed by the National Centre for Agricultural Research (CNRA). This new variety’s main feature is that it enters production after twelve months only (against 24 months for other varieties). “Due to its rapid entry into production, this variety will give rural areas a new momentum,” says Yté Wongbé,...

In Uganda, towards ending corrupt practices by fuel dealers, the ministry of Energy has warned the latter to comply with fuel test requirements at border points or have their licences withdrawn. Speaking at a meeting in Kampala recently, the ministry’s commissioner of petroleum Rev Frank Tukwasibwe, said that the corrupt practice is still rampant on the market. Although the Uganda National...

Towards boosting its trade to help balance dwindling profits from mining, Glencore Plc has entered into a deal with Libya's state-run National Oil Corp. (NOC), to buy half of the oil Libya is presently exporting, a market source revealed. Under the arrangement which started in September, Glencore will load and find buyers for all the Sarir and Messla crude oil exported from the Marsa el-Hariga...

In the Port of Cape Town, Burgan Cape Terminals has begun the construction of a new independent fuel storage, distribution and loading facility, for the storage and distribution of both locally produced and imported fuels. The facility was launched on Thursday. It is the first project to be effected under the government’s Operation Phakisa programme. It is anticipated to boost the country’s...

In Mozambique, Puma Energy has opened two new terminals, therefore increasing its capacity in the country to 275, 500 m³. The new Matola terminals; the company’s second largest in Africa, however, include 11 steel storage tanks which jointly added 115, 000 m³ storage capacity. While the bitumen terminal is aimed at cutting Mozambique’s reliance on imports, the fuel terminal creates a new...

In Madagascar, the government plans to pass its new mining and petroleum code in early 2016 and anticipates economic growth of 5% next year.The country has failed to attract stakeholders due to political instability and declining commodity prices but hopes to fast-track economic growth by developing natural resources. “We are still debating all the finer details, but compared to the old one it...