Business

Forging Mozambique’s Future: Overcoming Challenges with Strategic Vision   Following the 2024 elections, Mozambique’s incoming administration needs to break away from exploitative capitalism, embrace resilience and leverage natural resources for sustainable development. In the coming weeks, the Mozambican Ruling Frelimo Party will convene the Party Cadres’ Garden to select the next generation of leadership which […]

Axxela Announces Final Investment Decision (FID) to develop a 50 MMSCF/D Gas Processing Plant   Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, announces that it has taken Final Investment Decision for the development of a gas processing plant situated in OML 56, Delta State, South-South Nigeria. This strategic investment marks

Palliatives: Dangote donates 80,000 bags of rice to Lagos residents    … Sanwo-Olu says Dangote prioritize Nigerians’ welfare above profit   The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos state. President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted

Copenhagen Climate Ministerial: Leaders need to halt fossil fuel development and plan for an equitable phase-out — IISD experts Around 40 climate leaders and ministers are meeting in Copenhagen from March 21 to 22 to discuss priorities for this year’s UN Climate Change Conference (COP 29). The president of COP 28, Sultan Al Jaber, will

Equatorial Guinea Remains a Strong Partner of ExxonMobil and American Companies   Following an article published by the Financial Times (FT) regarding ExxonMobil’s exit from Block B, Equatorial Guinea’s Vice President Teodoro Nguema Obiang Mangue and the country’s Chamber of Mines offer further clarification on the future of Block B and the opportunities for foreign

NIMC, NCC Unveil Collaborative Efforts to Enhance NIN-SIM Linkage Processes   The National Identity Management Commission (NIMC) and the Nigerian Communications Commission (NCC) are pleased to announce a strategic collaboration aimed at enhancing processes related to the National Identification Number (NIN)-SIM linkage.   In recent times, the NIN-SIM linkage exercise has become subject of national

UTM Solicits NCDMB’s Equity Investment, Approvals For Floating LNG Project UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-track the project’s development. The request was made on