Author name: Godswill Odiong

Game changer for the African business community simplifies lengthy procedures, bolsters economy, and encourages integration

Trade in Africa has become a popular talking point; with infrastructural, innovation and technical challenges dogging the process, impacting economic growth, thwarting intra-country business, and slowing the development of regional economic corridors. It has become clear that a sustainable trade environment is needed to boost trade, which is currently low in comparison to international trade. […]

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The impact of conformity of standards on intra-African trade and the Nigerian economy

The African continent presents huge potential for growth and the recently introduced African Continental Free Trade Area (AfCFTA) agreement promises to underpin trade facilitation and economic expansion with be the largest free trade area since the formation of the World Trade Organization in 1995. The longest journey starts with a single step. Government, public bodies,

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Afreximbank commits $2bn as partners sign agreement for Export Agriculture for Food Security Initiative

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) yesterday in Cairo, entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of Chad, Malawi, Zimbabwe and Egypt. The initiative seeks to initiative to improve food security in Africa. At a ceremony on the

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GHash Mining: Lighting up Africa with cryptocurrency mining

GHash Mining (https://web.vistx.com) is a leading technology-driven cryptocurrency mining company with a vision to create sustainable value across the cryptocurrency industry. Diversified business covers cryptocurrency mining, mining pools, and data center operations. https://apo-opa.co/3QVBaSH Mini-grids will become increasingly important in bridging the energy access gap that still exists, especially in remote rural areas. In 2010, there

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Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation for Refineries

The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the current low production numbers. He gave the warning in his goodwill message at the 41st Annual

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NCDMB ES Counsels Heritage Energy, Indigenous Firms on Corporate Governance, NC Compliance

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably.The companies were equally encouraged to comply with the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD)

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MARITIME: Royal Air Force Aids Crude Oil Tanker in Daring Yacht Rescue

By Our Correspondent FleetMon has disclosed that on November 3, 2023, the crude oil tanker “GREEN AZURE”, aided by the Royal Air Force performed a daring rescue of a sailor who had been stranded on a severely damaged yacht in the midst of the storm Ciaran. It stated: “The Norwegian-flagged yacht had sent out a

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Africa Needs Initiatives to Unleash Potential of the Continent—King Mohammed VI of Morocco

Morocco’s King Mohammed VI opened the 2023 Africa Investment Forum Market Days on Wednesday with a call for Africans to work together to attract the levels of private investment needed to drive the continent’s inclusive development. The Market Days, an initiative of the African Development Bank and seven other co-founding partners, is taking place in

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Managing Director of GNPC to Participate at MSGBC Oil, Gas & Power 2023

Baboucarr Njie, Managing Director, Gambia National Petroleum Corporation, GNPC will participate as a speaker at the third edition of MSGBC Oil, Gas & Power 2023 (https://apo-opa.co/40yEG8w), taking place from November 21-22 in Nouakchott, Mauritania. GNPC’s participation will assist in advancing Gambia’s energy agenda, with Njie’s participation poised to facilitate engagement with international energy investors while

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MARITIME: US Invests $553m in Development of New Deepwater Terminal in Colombo Port

By Our Correspondent The United States has announced a commitment of $553 million to support the development of a deepwater shipping container terminal known as the “Colombo West International Terminal” in the PORT OF COLOMBO, according to FleetMon. It stated: “The funding for this project will be provided by the US Development and Finance Corporation

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