Former Public Works Minister, Atty. Samuel Kofi Woods has blamed the leadership of President Ellen Johnson saying she is fully responsible for the collapse of the National Oil Company of Liberia (NOCAL). He said government was aware that the NOCAL was going to collapse but did nothing to prevent the current situating facing the entity. President Ellen Johnson Sirleaf few days ago endorsed the...

The Shell Petroleum Development Company of Nigeria (SPDC), a company which produces and supplies gas to domestic customers through pipelines has declared force majeure on Bonny Light exports effective from August 27, 2015 as result of the activities of vandals and oil thieves. The declaration came in less than one week after the company lifted the force majeure it had declared on gas...

Talks have been ongoing between the two neighboring countries Kenya and Uganda over the construction and financing of a new oil pipeline linking the two countries and ferry crude produced by companies including Tullow Oil Plc, according to the Kenyan Energy Ministry. Discussions over project time frames involving officials from both East African countries also began this week, Joseph...

Circle Oil’s shares fell to 7% today after the company declared plugging and abandoning the Ksiri South exploration well on Sebour permit onshore Morocco. The company, being an Irish incorporated Middle East and Africa focused oil and gas exploration and Production Company with a portfolio of assets in Morocco, Tunisia, Oman and Egypt said the well, which was targeting two objectives in the...

Philémon Yang (photo), Prime Minister of Cameroon, commissioned this 27 August 2015 in Douala, the economic capital, the Dangote cement plant, of a production capacity of 1.5 million tons. An investment of FCfa 50 billion, this cement factory built on the Wouri riverbank by Nigerian billionaire Aliko Dangote, aims to attract 30% of the Cameroonian market in 2015, currently dominated by Lafarge...

Sumol+Compal, Portuguese manufacturer of non-alcoholic drinks, will launch its Angolan processing unit during the third quarter of this year. According to Portuguese media Diàrio Económico, the group will first start with fruit juice processing before moving to fizzy drinks by the middle of next year. “The unit which will be set up in Bom Jesus in the suburbs of Luanda will start by making...

In the fight against the Ebola epidemic in Guinea, one of the concerns of the World Health Organisation remains this: “how to make available to the general public the information based on evidence and help to relay the good information”. This explanation was given by the WHO representative in Guinea, Dr Mohammed Belhocine. He highlighted the importance of good mass communication in the...

The Burundian president Pierre Nkurunziza announced, in a decree published on 25 August, the first government of his 3rd controversial term, largely dominated by members from the hard line of CNDD-FDD, the party in power. The new team which will have to manage a country immersed in a grave political crisis following the re-election of Mr. Nkurunziza is particularly marked by the return to the...

Gabon Internet Xchange (Gab-IX), created on 23 January 2014 by an agreement signed between 15 public and private operators and Internet service providers of Gabon, was chosen as Internet exchange point in the Central Africa sub-region. This means that the Internet traffic of Cameroon, Congo, Equatorial Guinea, Chad and the Central African Republic will be routed through this infrastructure. The...

Egyptians have said that production in the industry will continue to suffer, unless the government starts diverting some of the gas supplied to electricity plants powering homes to factories. Companies however lament on the kind of power cuts that fuelled unrest in the past and government energy policies are dealing a blow to industries vital for economic growth. "Factories have been beset by...