INTERNATIONAL

BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel

How COVID 19 raked havoc on global oil market in 2020 — OPEC

By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has disclosed that the outbreak of Coronavirus pandemic, culminated in the collapse of the global oil market in 2020. In his foreword to the organisation’s 2020 Annual Report, Secretary General, Dr. Mohammad Barkindo, said: “The year 2020 was like no other in living history. Not […]

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Thermoelectrics enters the Fast Track, finds new IDTechEx Report

Thermoelectrics cools, heats, makes electricity and senses. Many proponents have stumbled with the wrong choice in the wrong applications. For example, trying to make electricity from car exhausts just as they become obsolete is a fool’s errand. Gentherm failed with thermoelectric generators then pivoted to create a business of hundreds of millions of dollars yearly

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African Continental Free Trade Area strongly supports bid of Made in Africa to buy Vlisco

At the heart of Africa’s global and regional competitiveness is the textiles and clothing sector It has been brought to the attention of the African Continental Free Trade Area (AfCFTA) Secretariat that our strategic partner, a leading African financial institution supported a $200 million bid by Made in Africa to purchase Vlisco, a textile company

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Nigerian born Yekemi Otaru appointed Chancellor-Elect for a Scottish University

Nigerian born Yekemi Otaru appointed Chancellor-Elect  for a Scottish University   A Nigerian-born Yekemi Otaru popularly described as an inspirational entrepreneur renowned for her passionate commitment to equality, diversity, and inclusion has been named the University of the West of Scotland’s (UWS) Chancellor-elect.   Yekemi Otaru, a tireless passionate supporter of women in business and

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South African Ports Resume Normal Operations As Unrest Settles

NPA will transform Nigeria’s seaports into world-class status – Bello Koko

By Eyo Nsima The managing director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, has promised to transform the nation’s Seaports in line with global standards. He said this while addressing members of the Senate Committee on Privatization and Commercialization led by Senator Theodore Orji, who visited the NPA. Already, Bello Koko, noted that the Authority

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Lekki Port hits 50% of breakwaters construction

Grendi opens new terminal in Port of Cagliari

Gruppo Grendi has opened a new container terminal in Sardinia, Italy, according to FleetMon. It stated: “Located in Port of Cagliari, the terminal had received its first vessel on 9th July itself but it’s now that the port the operator has officially announced its opening. “Named, Mediterranean Intermodal Terminal Operator (MITO) of Sardinia, the new

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Spiked cybercrime amid Covid-19 new normal: Schneider Electric recommends solutions, prods energy companies, banks, industries

Data center market nears $174bn as Schneider Electric advocates preparedness for optimum benefit

Schneider Electric has hammered on the need for companies to invest in the data center for optimum benefits in the nearest future. This is coming as a result of the Covid-19 pandemic which has put more pressure on industrial operators to accelerate their path towards digitization and automation in order to drive increased productivity, security,

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ANGOLA: President Lourenço unfolds investment opportunities for Turkish investors

ANGOLA: President Lourenço unfolds investment opportunities for Turkish investors   The President of the Republic of Angola, João Manuel Gonçalves Lourenço, will give the inaugural speech at the Angola-Turkey Business Forum, to be held at the Ato Congresium Conference Center in Ankara, Turkey, on Wednesday, 28 July 2021, at 9:00 am local time. President Lourenço, who will

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

African Energy Chamber endorses USAEF (U.S-Africa Energy Forum) 2021, urges U.S. investor to participate

The Committee calls on American investors, financiers and service providers to participate in the two-day event that is set to solidify the U.S The African Energy Chamber’s U.S.-Africa Committee has endorsed the U.S.-Africa Energy Forum (USAEF) 2021 (October 4-5; Houston, Texas) as the premier platform for strengthening bilateral trade and investment; The Committee calls on

African Energy Chamber endorses USAEF (U.S-Africa Energy Forum) 2021, urges U.S. investor to participate Read More »

AfDB

First Hydromet Gap Report calls for scaled-up investments in weather forecasts and early warning systems

An estimated 23,000 lives per year could be saved and up to $2 billion in economic losses averted by improving weather forecasts, early warning systems, and climate information in low- and middle-income countries, according to a new report (bit.ly/3xAkDay) issued by the Alliance for Hydromet Development (bit.ly/3k7041u). Known as hydromet, reliable and accurate weather and

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