INTERNATIONAL

Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Equatorial Guinea leads Regional Gas Monetization via Alen Backfill Project

The Alen gas monetization backfill project represents the first phase of Equatorial Guinea’s Gas Mega Hub masterplan; Launched by the Ministry of Mines and Hydrocarbons in May 2018, the Gas Mega Hub seeks to aggregate gas from upstream producers to deliver it to onshore industry; Equatorial Guinea is currently in discussions with Cameroon and Nigeria […]

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Danbatta, Others Endorse Book on Telecoms Law, Regulations

Danbatta, Others Endorse Book on Telecoms Law, Regulations The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof, Umar Danbatta was among eminent personalities that have endorsed a new book on Nigeria’s telecommunications industry’s legal and regulatory ecosystem.   The book, “Nigerian Telecommunications Law and Regulation”, which is co-authored by Quasim Odunmbaku, a telecoms

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AfDB

Mauritius: JICA provides $289 million support to fight COVID-19 under initiative with African Development Bank

The loan is a parallel co-financing agreement between JICA and the African Development Bank under the Enhanced Private Sector Assistance for Africa joint initiative to spur private The Japan International Cooperation Agency (JICA) has extended an Official Development Assistance loan of up to 30 billion Japanese yen ($289 million) to support Mauritius’ response to the

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Central African Republic ‘very volatile’, despite important progress – UN peacekeeping chief

In “a major achievement”, the country is on track to successfully conclude a democratic transfer of power within the constitutional timeline Despite a successful presidential election and other noteworthy progress, the Central African Republic (CAR) continues to be plagued by violence and volatility, the UN peacekeeping chief told the Security Council on Tuesday. Jean-Pierre Lacroix,

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

The African Energy Chamber’s Investment Committee commits to facilitate investments worth billions of USD in 2021 for African energy projects

AEC investment Committee members bring a wealth of finance & energy industry experience and creative thinking that are key to solve the huge lack of finance facing the energy sector across Africa. The African Energy Chamber, will focus on new ways to bring investors directly to opportunities in Africa The investment Committee members bring over

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GIZ, Orange launch an Orange Digital Center in Ethiopia to train young people in digital technology and boost their employability

GIZ, (Deutsche Gesellschaft für Internationale Zusammenarbeit), Orange, the Ministry of Innovation and Technology, the Ethiopian Investment Commission and the Industrial Parks Development Corporation are launching the Addis Ababa Orange Digital Center, an ecosystem that is entirely dedicated to digital skills and innovation. The launch took place in the presence of H.E Dr. Abraham Belay, Minister

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Deutsche Post DHL Group, German Federal Ministry for Economic Cooperation and Development promote e-commerce in developing and emerging countries

DHL Global Forwarding Partners with Longhorn Vaccines & Diagnostics to Assure Safety and Efficacy of Lab Testing in Africa and Asia

Life-saving transports will help COVID-19 testing of refugees and displaced persons DHL has transported nearly 26,000 Covid -19 testing vials for Longhorn, who is donating one million vials to the International Organization for Migration; Vials were transported via three initial flights from Indianapolis to Kenya, Nepal, and the Philippines, supporting emerging markets in the process;

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AfDB

Time for a digital scale-up in Africa to unlock the continent’s untapped creative economies, panelists say

Digital platforms in Africa should scale up to take advantage of the continent’s surging demand for creative content, said Africa Investment Forum Senior Director Chinelo Anohu, adding that the African Development Bank flagship entity is providing advisory services and investment support to creative players. Anohu was speaking at a virtual “fireside chat” on Tuesday with

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NaturalShrimp signs letter of intent to acquire aquaculture assets of Hydrenesis Aquaculture

The acquisition is expected to be accretive to earnings in fiscal year 2021 Assets to be Acquired for $12,500,000; Major Financing Announcement Forthcoming from NSI. NaturalShrimp, Inc., an aquaculture Company, which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it has signed a Letter of Intent

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Zimbabwe First Lady congratulates Senator, Dr. Rasha Kelej for her nomination as The African Woman of the Year 2020

Through an official letter, Senator, Dr. Rasha Kelej, CEO of Merck Foundation was congratulated by the long-time partner H.E. Mrs. AUXILLIA MNANGAGWA, The First Lady of The Republic of Zimbabwe and Ambassador of Merck More Than a Mother, on her appointment as a Member of the Egyptian Senate (2020-2025) by the President of Egypt, H.E.

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