The Executive Board of the West African Power Pool (WAPP) has adopted a new work programme and budget for the year 2023. This was done at the 55th ordinary session of the WAPP Executive Board Meeting at the WAPP headquarters in Cotonou, Benin Republic on Saturday 22nd October 2022. Speaking during the session, the […]
WAPP BOARD ADOPTS WORKING DOCUMENT, BUDGET FOR 2023 Read More »
Finance Minister Enoch Godongwana says government is set to allocate at least R6 billion more to the rebuilding and humanitarian relief efforts in disaster-hit areas across the country. Flooding in April this year – particularly in KwaZulu-Natal – devastated communities around South Africa, leaving at least 400 people dead and damage worth billions of Rand
South Africa: Government commits more assistance to victims of flooding Read More »
The African Energy Chamber (AEC) (https://EnergyChamber.org/) – the voice of the African energy sector – is proud to announce the launch of its newest publication, ‘The State of African Energy: 2023 Outlook,” (https://bit.ly/3NbQLtD) a detailed report analyzing current, emerging and future oil and gas market trends as well as geopolitical procedures shaping both the global
African Energy Chamber launches ‘The State of African Energy: 2023 Outlook’ Read More »
The Central Bank of Nigeria (CBN) has said the new design naira notes will be effective from mid-December 2022. Godwin Emefiele, CBN governor, said this at a press conference on Wednesday. According to Emefiele, the new notes include N100, N200, N500 and N1000. He advised Nigerians to take old notes to banks to enable them
CBN begins circulation of redesigned naira notes Dec 15 Read More »
By Eyo Nsima The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report. In U.S. dollar terms, the prices of most commodities
Currency Depreciations Risk Intensifying Global Food, Energy Crisis Read More »
By Eyo Nsima As Nigerian Communications Commission (NCC) recently won double awards at the 2022 Tech Innovation Awards (TIA), the telecom regulator has promised to ensure it brings full benefits of the digital economy to Nigerians for the overall development of the country. At the 6th edition of the annual awards, which took place
At TIA awards, Danbatta commits to enhancing digital economy Read More »
By Eyo Nsima The African Energy Chamber (AEC) is proud to announce that it has signed a Memorandum of Understanding (MoU) with the World Petroleum Council (WPC), Canada – the Canadian Association of the WPC – which will see both parties cooperate on maximizing the sustainable development, exploitation and monetization of oil and gas resources
By Eyo Nsima Chief Executive Officer, of the National Petroleum Authority (NPA) of Ghana, Mustapha Abdul-Hamid, said the coming onstream of 650,000 barrels-per-day (bpd) Dangote Petroleum Refinery will transform the Ghanaian downstream sector through the reduction in the cost of importation of petroleum products into Ghana. Speaking at the 16th Oil Trading and Logistics Expo
Bruno Jean Richard Itoua, Minister of Hydrocarbons, Republic of Congo and the 2022 President of the Organization of Petroleum Exporting Countries (OPEC) was one of the five winners of the Mohammad S. Barkindo Lifetime Achievement Award at the 2022 edition of the African Energy Awards, which took place during African Energy Week (AEW) (https://www.AECWeek.com/) on
By Mike Smollan As we flip flop between candles powering up and diesel drumming to a now common beat – with the longest run of load-shedding in South Africa recently under our belts – the massive impact this has had on business has been nothing less than debilitating leaving our economy in a precarious position.
The Effect of Lights Off on the Retail Industry Read More »
