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Africa In Business/Petroleum People
Orascom Appeals Against Algerian Tax Charge Egyptian Telecom company Orascom has led an appeal against Algerian tax authorities for a... Date added: Monday February 01 2010 Yanbu-Cairo Flights Won’t Compete With Ferry Service It takes $240 to y from Yanbu, in Saudi Arabia and Cairo in Egypt, on the Almasria Univer... Date added: Monday February 01 2010 S.A Faces “The Worst Drought” In 130 Years Dire water shortages from rivers running dry in South Africa’s Eastern Cape and the c... Date added: Monday February 01 2010 INTELLECTUAL PROPERTY-Counterfeiting Is Hampering Trade In The Mahgreb The Agadir Free Trade Agreement (AFTA) has overcome some initial obstacles to increase trade amon... Date added: Monday February 01 2010 Ihab Toma Is Transocean’s Marketing Pointman The Egyptian Engineer, Ihab Toma has been appointed Senior Vice President of Marketing and Planning to Transocean, the world’s largest offshore ... Date added: Tuesday October 20 2009 OPEC Presidency…The Baton Leaves Angola Angola will finish its tenure as the President of The Organisation of Petroleum Exporting Countries (OPEC) at the end of 2009. The Conference has e... Date added: Tuesday October 20 2009 AAPG Honours Akinpelu, Koning and Bakooky The American Association of Petroleum Geologists (AAPG) has conferred an honorary member award to Bayo Akinpelu, the Nigerian geoscientist. It’s... Date added: Tuesday October 20 2009 Baker Hughes Makes Changes At The Top “Every two years”, Tayo Akinokun told this magazine in 2008, “something new happens”. Then he was one year old in the position... Date added: Tuesday October 20 2009 Lambert- Akhionbare, Akinpelu, Agbabiaka, Hitch On The Sirius Ride AIM listed Sirius Petroleum has entered into several agreements with Nigerian companies for access to “potential marginal field opportunities an... Date added: Tuesday October 20 2009 UBA, Others Fund XOM’s NGL with $265million The United Bank for Africa Plc (UBA) is leading a consortium of Nigerian banks in a $265 million supplementary refinancing deal for ExxonMobil a... Date added: Thursday July 30 2009 IDC Loses $3.2Billion To JSE Plunge South Africa’s Industrial Development Corporation (IDC) had lost $3.2 billion in the value of the shares it owned in private companies because o... Date added: Thursday July 30 2009 MINING: Steelmaker Suspends Project In Senegal The world’s biggest maker of steel, ArcelorMittal, has suspended development of its Faleme iron ore project in Senegal. The $2.2 billion (... Date added: Thursday July 30 2009 TELECOMMS: Moz Makes More Calls Revenue in Mozambique’s cellphone market might more than quadruple by 2015 as competition and demand increases, according to a report by market ... Date added: Thursday July 30 2009 MANUFACTURING: Africa Stops Producing The Hummer Jeep General Motors’ Hummer Jeep, the choice car for Africa’s small business and social elite, from Johannesburg to Lagos, will not be pr... Date added: Tuesday July 07 2009 ECONOMY: Egypt Creates A Financial Overseer The Egyptian Government has issued a presidential decree, creating a new authority to oversee capital markets and non bank financial services. The ... Date added: Tuesday July 07 2009 Kloppers: Broeder In Charge When the brand new BHP Billiton, a result of a merger between South African owned Billiton and Australian BHP, chose the Australian city of Melbourne ... Date added: Tuesday July 07 2009 PEOPLE: Tantawy Leaves Telecom Egypt Telcom Egypt’s finance director and vice president, Tareq Tantawy, has given notice he is leaving the company. His replacement had not been anno... Date added: Tuesday July 07 2009 Why Luanda is the World’s Most Expensive Capital A city, originally designed for 500,000 people, now has a population of 5 million. Living space is in short supply and real estate prices are explodin... Date added: Thursday June 11 2009 TELECOMMS: MTN Cracks the Indian Shield, At Last But the African company looks likely to disappear into the folds of Bharti’s sari...A year after a merger discussion between India&rsq... Date added: Thursday June 11 2009 ECONOMY: South Africa Loses More Foreign Exchange Reserves South Africa’s gold and foreign exchange reserves dropped in April 2009. Gross reserves came in at $34.047-billion, down from $34.108-billion in... Date added: Thursday June 11 2009 MINING: Delta Welcome Back To Liberian Iron Bid Delta Mining Consolidated (DMC) , the South African miner, was “actively looking” at a number of investment opportunities in Liberia, now ... Date added: Thursday June 11 2009 NIGERIA: MARITIME- Ship Owners Seek Local Content Nigerian homegrown shipping companies want the country’s legislative assembly to pass a Local Content Bill, allowing indigenes to partake ... Date added: Thursday June 11 2009 Investments: SA firms should Go To Nigeria Nigeria offers significant growth prospects for South African companies, according to Simon Hartford, CEO (West Africa) for A... Date added: Thursday May 28 2009 MINING:Botswana’s Diamonds Lose Their Luster Botswana’s Aa3 credit rating, the highest in Africa, is under threat if the government fails to rein in expenditu... Date added: Thursday May 28 2009 ECONOMY: Algeria Struggles With the One Product “Sustained efforts are needed to diversify the economy and reduce dependence on the hydrocarbon sector, improve product... Date added: Thursday May 28 2009 Transportation: Nortel wins Algerian Rail Communications Contract American telecoms group Nortel, has been selected to deploy a wireless mobile communications system on a new railway line in ... Date added: Thursday May 28 2009 NATIONHOOD: Congo returns to fighting Life returned to being brutish and short in eastern Congo in August 2008 as heavy fighting between the army and Tutsi rebels in eastern Congo&rsquo... Date added: Thursday May 07 2009 TELECOMS: MTN targets 3.5 million subscribers in Uganda South African mobile phone company MTN has spent $150-million in 2008 on expansion of its Ugandan network and expects to add a million new subscrib... Date added: Thursday May 07 2009 MINING: Large in Lesotho A hefty rough diamond, found in the southern African country, has the potential to yield a 150 carat polished stone. London list... Date added: Thursday May 07 2009 MEDIA: Erraji cleared on appeal The conviction of Moroccan blogger Mohammed Erraji has been overturned at an appeal court. Erraji, aged 29, was arrested September ... Date added: Thursday May 07 2009 Past editions |
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