The National Petroleum Corporation of Namibia (Namcor) is firm that the much-expected N$35 billion Kudu gas-to-power project, which has been flaunted as the answer to the country's electricity woes, is feasible and bankable. In actual fact, Namcor has before now spent N$285 million in executing a cabinet directive to develop the Kudu gas field. Allafrica reports While presenting Namcor's annual...

The Sustainable Energy Fund for Africa (SEFA) has on the 16th of September 2015 approved on the sidelines of the African Development Bank’s (AfDB) Energy Week, a US $965,000 grant to back the preparation of turnkey run-of-river hydropower plant with a valued electric capacity of 20 MW at Saltinho, Guinea-Bissau. The hydropower plant is to be interconnected by a transmission line to Bissau...

French firm Razel has joined Chinese Anhui Shuian Constructions Group on the construction project for the canal of Mfoundi, a river which runs through Yaoundé and whose overflow causes flooding in the Cameroonian capital city. After awarding a 10.8 billion FCFA contract to the above-mentioned Chinese firm for the first stage of construction, the urban community of Yaoundé now gives another...

Thirteen journalists from various media in Pointe-Noire were invited this Friday 25th September by the top management of MTN Congo. The goal was to help the media representatives to understand the challenges of the telecoms environment in the Republic of Congo. Gain a better understanding of telecommunications to better communicate on mobile operators was the key takeaway point of this...

Wednesday 30th September 2015. Uniwax S.A., a company specialised in the production and marketing of fabrics and other clothing materials, jumped by 7.9% on the BVRM, with a transaction volume of FCfa 360.3 million for a rotation of 12,415 shares. On the Tuesday before, the company published its intermediary results for the period ending 30 June 2015. They showed a turnover of FCfa 19.64 billion...

The historical telecommunications operator in Senegal, Sonatel, received a formal notice from the Telecommunications and Post Regulatory Authority. In a communiqué published on 30th September 2015, the regulatory authority expressed its discontent at the telecom company for numerous malfunctions which occurred on its network on 15, 18 and 26 September 2015. On those days, for several hours, the...

France is considering reducing its development aid and environmental credits in 2016, according to the 2016 Finance bill presented on 30th September during a cabinet meeting. According to official documents, the “Public Development Aid” (APD) mission is allocated payment appropriations of €2.60 billion next year against 2.77 in 2015. The “Environment, Development and Sustainable...

ASKY, the Pan African airline with the largest network in Western and Central Africa, registered a big increase of +33% in the number of passengers during August 2015 compared to the same period last year. This growth noted on all 22 destinations where ASKY flies in Western and Central Africa is due, among other things, to the new marketing policy implemented by the company, the increase in...

There is a new competitor on the Tunisian telecommunications market. This is Mobile Virtual Network Operator Lyca Mobile. This newcomer will use the physical network of the national telecom operator Tunisie Telecom to offer its services to the public throughout the country. Lyca Mobile will also open its own stores in the country to give consumers access to various client services. According to...

The French newspaper Libération announced that it is organising from 9 to 10 October at the Amitié stadium in Libreville, nine round-table meetings which will gather experts, representatives of the civil society and political leaders from all sides. “Our newspaper has decided to extend these debates abroad starting with the African continent, due to the key issues it is experiencing. These...