INTERNATIONAL

DFDS starts ferry service between Patras in Greece and Trieste in Italy

TURKEY: Cruise Ship to Act as a Shelter for Earthquake Victims

By Our Correspondent The Miray Cruises’ “GEMINI” will act as a shelter for refugees displaced due to the devastating 7.8 magnitude earthquake that hit Turkey, according to FleetMon. It stated: “The vessel will be docked at the Port of Iskenderun, Turkey, until March 15th, while it houses earth quake victims. “Miray Cruises has offered the […]

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World’s Largest Shallow Draft LNG Carrier Delivered to Chinese Shenzen Gas

By Our Correspondent A Shipbuilder, Hudong Zhonghua, has delivered “DAPENG PRINCESS”, the world’s largest shallow draft LNG carrier to the Chinese natural gas distribution company. According to FleetMon, “The vessel is reported to be the first LNG carrier built expressly for Shenzen gas. The builder reports that this vessel has the shallowest draft of all

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So Energy Ghana celebrates customers, plans robust retail expansion

Leading oil and gas marketing company in Ghana, So Energy Limited has reiterated its commitment to giving more customers access to the top-notch customer experience through strategic retail expansion and exceptional fuel solutions. A Sahara Group Company, So Energy currently has 12 branded retail outlets, widely acclaimed for their imposing designs, spacious service points, modern

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AfDB

AfDB partners with AFG and DEG to further regional industrialization

The African Development Bank will partner with African Hidden Champions in support of its efforts to promote the growth of African companies and aid their transformation into global champions. African Hidden Champions, co-founded by Africa Foresight Group (AFG) (www.AfricaForesight.com) and the German Investment Corporation, DEG – Deutsche Investitions- und Entwicklungsgesellschaft (https://apo-opa.info/3IlgZIr), identifies African firms that

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AfDB

AfDB Group and Japan sign exchange of notes for $350m private sector assistance loan to finance Bank’s private sector operations

The African Development Bank and Japan have signed an exchange of notes for an eighth private sector assistance loan from Japan to finance the Bank’s private sector operations. The loan agreement, to the tune of JPY 44.1 million or $350 million, carries an interest rate of 0.11% and a repayment period of 30 years, with

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Kholo Capital Mezzanine Debt Fund I achieve first close at R870m

Kholo Capital Mezzanine Debt Fund I (Kholo Capital), has secured R870m in commitments for long-term mezzanine debt investment in support of growth, job creation and advancement of transformation within mid-market companies with operations in Southern Africa (i.e., South Africa, Botswana, Namibia, Lesotho and Swaziland). These first close commitments have been secured from leading institutional investors

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Nigerians lost about N12.5bn to financial crimes linked to the telecommunications industry in 4 years --- NCC

NIGERIA VOTES: NCC dedicates Toll-Free Number 622 as Presidential Election Incident Hotline

NIGERIA VOTES: NCC dedicates Toll-Free Number 622 as Presidential Election Incident Hotline By Eyo Nsima The Nigerian Communications Commission (NCC) has dedicated its Consumer Toll-Free Number 622, to serve as the 2023 Presidential Election Incident Hotline. This aims at enabling voters and members of the public across Nigeria to report any issues that may affect

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SPACES FOR CHANGE CONGRATULATES NIGERIA FOR EXITING FATF’S GREY LIST

ACTION GROUP ON FREE CIVIC SPACE CONDEMNS THE SACKING OF ALL NGOs OPERATING IN ZAMFARA STATE

ACTION GROUP ON FREE CIVIC SPACE CONDEMNS THE SACKING OF ALL NGOs OPERATING IN ZAMFARA STATE The Action Group on Free Civic Space (AGFCS) unequivocally condemns the expulsion of all non- governmental organizations (NGOs) operating in Zamfara State as announced via a public statement signed by the Hon. Commissioner Ministry of Security and Home Affairs,

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

Carbon Capture, Utilization, and Storage: Game-Changing Technology for Africa

By NJ Ayuk, Chairman, African Energy Chamber It would be difficult to exaggerate the value that carbon capture, utilization, and storage (CCUS) technology offers Africa’s oil and gas industry. With oil and gas-producing countries facing tremendous pressure to transition to green energy sources and leave their petroleum assets in the ground, CCUS can act as

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Rwanda Electric Motors to pass 50 million km mark with electric motors in 2023

Electric mobility has been the center of attention globally for a couple of years. The spotlights have often been turned to Tesla, which is revolutionizing the automobile industry. But Africa also holds amazing potential when it comes to electric mobility (often simplified by the term “e-mobility”), especially when it comes to electric motorbikes. Indeed, mobility

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