NIGERIA-MOROCCO GAS PIPELINE TO BOOST NORTH WEST AFRICAN ZONE

Amina Benkhadra, general director of the National Hydrocarbons and Mines Office (ONHYM), outlined the importance of the Nigeria-Morocco gas pipeline and its potential contribution to the emergence of an integrated North West African zone. Speaking during a panel as part of the second conference of member countries of the sedimentary Basin, dubbed the “MSGBC Oil, Gas & Power” conference  on Thursday in Dakar, Benkhadra emphasized that the Morocco-Nigeria gas pipeline is a “structuring project with…

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MOROCCO GOVT. RE-COMISSIONED COMBINED CYCLE POWER PLANTS

Following Algeria’s closure of the Maghreb-Europe pipeline after 25 years of operation, Morocco announced the re-commissioning of its combined cycle power plants at Tahaddart and Ain Beni Mathar using imported Liquefied Natural Gas (LNG) to generate power. The announcement was made as part of a joint statement from Morocco’s National Office for Electricity and Drinking Water (ONEE) and the National Office of Hydrocarbons and Mines (ONHYM). The Maghreb-Europe Gas Pipeline, the regional pipeline that once transported…

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EGYPT ENGINEERING INDUSTRY EXPORTS RECORDS US$1.5BN IN FIVE MONTH

Egypt’s engineering industry exports increased by about 31 percent to register $1.551 billion in the first five months of 2022, compared to $1.185 billion during the same period last year, according to the monthly report of the Engineering Export Council of Egypt (EECE). The engineering industries’ exports increased by 25 percent in May 2022, reaching $264.7 million, compared to $211.7 million in May 2021, added to the report. Regarding the most important sectors whose exports…

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EGYPT EXPLORES SEA WATER DESALINATION TO OFFSET NEGATIVE EFFECTS OF GERD PROJECT

CAIRO — Egypt is exploring ways to increase its water resources and offset any negative effects of the Grand Ethiopian Renaissance Dam (GERD) in light of the stalled tripartite negotiations between it, Sudan and Ethiopia. Egypt, Ethiopia and Sudan have been in a deadlock over the GERD since April. The crisis was raised more than once before the UN Security Council — most recently in July — which referred it back to the African Union, but to no avail. Ethiopia continues…

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138KM LONG ‘ZINDER-SORAZ-TANOUT’ BITUMEN ROAD INAUGURATED IN NIGER

On the sidelines of the celebration of the tree festival, the President of the Republic S.E.M Mohamed Bazoum inaugurated the 138 km long Zinder – SORAZ – Tanout Bitumen Road. Niger has taken a step forward in accomplishing the dream of a trans-Saharan highway that will link six countries of the Sahel and Maghreb (Algeria, Chad, Mali, Niger, Nigeria and Tunisia). In 13 January 2019, Niger’s President Mahamadou Issoufou, together with Denisa-Elena Lonette, ambassador of…

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AGGREKO SETS INDUSTRY-LEADING NET ZERO TARGETS TO SUPPORT CUSTOMERS THROUGH THE ENERGY TRANSITION

 By 2030, achieve a 50% reduction in fossil diesel used and a 50% reduction in air quality emissions from solutions provided to our customers By 2030, become net zero in our own operations and by 2050 or sooner, become a net zero business for all scopes 1, 2 and 3 emissions Provide innovative technologies and solutions to help our customers accomplish their transition to cleaner energy 26 January 2021 – Aggreko, the world leader in…

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EMPLOYEES DEMAND GOV’T INTERVENTION AGAINST LIQUIDATION OF EGYPTIAN STEEL COMPANY

The Iron and Steel Company’s employees on Sunday organized a protest in front of the company’s headquarters against its decision to liquidate and demanded that the government intervene to stop the move. They also called for the state to help modernize the company and preserve its assets, which are estimated at LE120 billion. A member of the Board of Directors of the Holding Company for Metal Industries Khaled al-Feki said that this step will destroy…

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ANGOLA’S RICHEST WOMAN DEFENDS HER ENERGY COMPANY, EFACEC

EFACEC Power Solutions (EFACEC) is the largest Portuguese Corporation in the field of energy, engineering and mobility, with many subsidiaries of strong presence in different international markets including Africa. Using Winterfell Industries – an offshore company, Ms. Isabel Dos Santos acquired a stake in EFACEC. According to Ms. Isabel Dos Santos, ‘EFACEC is a success story! When I bought it, EFACEC was practically bankrupt and in recent years thanks to hard work we got the…

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AFRICAN LEADERS PROPOSED REQUEST TO CANCEL EXTERNAL DEBTS

African Leaders

The novel virus has cause African nations to dedicate more resource to their various health care sector more than ever. With that in mind, the continent leaders plans to request for their external debts to either be reduced or totally removed. If the nations are dedicating between 15% and 30% of their budgets to pay the high interest on their external debt, how do they do it? The plan is to invest in health and…

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IMPACT OF COVID-19 ON AFRICA

Kieran Whyte discusses the impact of COVID-19 in Africa. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”. With South Africa having just reported its first cases of COVID-19, Africa is beginning to feel…

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RWANDA LAUNCHES ENTIRELY MADE IN AFRICA SMARTPHONES

RWANDA LAUNCHES ENTIRELY MADE IN AFRICA SMARTPHONES

Welcome to the era of MADE IN AFRICA. Yes!!! Rwanda is changing the narrative of Africa. Smartphones in Africa will soon lose its “Made in China” label; as Rwanda recently launched Africa’s first ever smartphone manufacturing plant in Kigali. In a bid to focus on ICT and also becoming a regional technology hub; President Paul Kagame on Monday (7th October 2019) officiated in the launching of Mara Phones manufacturing plant in the country’s capital –…

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FUNDING AFRICA’S INFRASTRUCTURE GAP

A look at Infrastructure funding gap across Africa and remedies so far. Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative sources financing to countries in Africa that have…

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CERAMICA WEST AFRICA EXPO 2019 IS NOW HERE!!!

Elan Expo introduces Ceramica West Africa Expo 2019 Ceramica West Africa 2019: International Ceramic, Bathroom & Kitchen Exhibition is organized by Elan Expo and will take place on 27-29 June 2019 at Landmark Centre at Lagos, Nigeria.  At the beginning of the story, Nigeria Build Expo specialized its adventure with construction and building hall. During the four years experience of Nigeria Build Expo; ceramic companies have participated in the Construction & Building hall, this year due…

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NIGERIA BUILDEXPO 2019 IS AROUND THE CORNER!!!

Elan Expo is ready for the 4th Edition of “NIGERIA BUILDEXPO”!!! With the efficient four years of experience in Nigeria; Elan Expo is ready for the 2019 edition of the Nigeria Build Expo.  Elan Expo will host many international companies at the 4th edition; some of them are  Grupo Miro, Hilal Aluminium, Kumtel, Ibero Systems, Enarco S.A., Bekotaş Paint, Chanson Mold, Edimex, Schaefer GMBH; Maxmech, SFH  from Turkey, Australia, Poland, China, Mexico, Spain, Egypt, Germany,…

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AFRICA’S FINANCE MINISTERS MEET IN WASHINGTON DC

SPRING MEETINGS 2019

G-24 Finance Ministers and Central Bank Governors’ are currently Meeting in Washington DC. These leaders will be attending the World Bank/International Monetary Fund Spring Meetings. Most importantly, they will be deliberating on how to ensure economic growth benefits the many and not the few. Most African countries suffer from poor economic policies that fosters inequality, leading to inefficiency and stunted growth. These and many other challenges are the reason for the meetings, hence, we encourage…

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ATTACK ON UN CAMP IN MALI LEAVES 10 DEAD AND OTHERS INJURED

10 killed in recent UN camp in Mali attack

Ten UN peacekeepers dies during an attack in Mali A recent attack on UN’s Camp for multidimensional Integrated Stabilization Mission (MINUSMA) in Mali, have lead to the killing of 10 UN peacekeepers from Chad while another 25 were injured. This report is according to the statement from UN secretary-general Antonio Guterres. According to reports; the assailants attacked  the MINUSMA forces at Aguelhok village in the Kidal region close to the Algerian border. The MINUSMA forces…

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[PHOTOS] INAUGURATION CEREMONY FOR PRESIDENT OF MADAGASCAR

Yesterday, 35 delegates including representatives from Mauritius, Côte d’ivoire and France attended the inauguration ceremony for the President of Madagascar President Andry Raojolina, who is among Africa’s young leaders assumes office today 19 January 2019. In fact, at age 44, He is currently the 6th President of Madagascar. In a tweet, He said, “Very honored to have received the key to #Madagascar. My fellow citizens, I’ll be worthy of your trust! Thanks to my predecessors…

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ANGOLA NOW MEMBERS OF GAS EXPORTING COUNTRIES FORUM (GECF)

ANGOL JOINS GAS EXPORTING COUNTRIES FORUM (GECF)

Angola have joined the Gas Exporting Countries Forum (GECF). Angola have now become a member of the the Gas Exporting Countries Forum (GECF). They are now the sixth African member to join the forum after Nigeria and Equatorial Guinea. The Gas Exporting Countries Forum (GECF) is a transnational organization consisting of the world leaders in natural gas production; Some of which include Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago…

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Application Specialist Ultrasounds Francophone At Philips, Morocco

Philips is a world leading health technology company with a vision to make life better for people worldwide through meaningful innovation. Making good on this promise depends on our passionate, inspirational, collaborative and diverse team. We have over 80,000+ brilliant people around the world but are always looking for more like-minded, motivated, focused minds to join us in creating a healthier, more connected society while transforming themselves personally and professionally. Philips Africa comprises all 54…

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TOP TEN RICHEST COUNTRIES IN AFRICA

 TOP TEN RICHEST COUNTRIES IN AFRICA Africa is the second largest continent in the world, and is the host continent to some pretty rich countries. Today, we’ll take a quick glance at the top 10 richest countries in Africa. The following list looks at countries with the highest GDP per capita rates on the continent. A clear-cut distinction has to be made between real GDP and GDP per capita because the former looks at economic growth while…

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