Category: Energy

Activity in African capital markets shows significant decline in 2016 amidst economic uncertainty and global political upheaval: PwC report

Activity in African capital markets shows significant decline in 2016 amidst economic uncertainty and global political upheaval: PwC report

On a sector basis, the financial services sector continued to dominate the African IPO market during 2016 with 45% of total value and 55% of total volume, followed by consumer goods and industrials with a total value of 31% and 13% respectively JOHANNESBURG, South Africa, February 16, 2017/ — 2016 marked a challenging year for African equity markets in the […]

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Dr Reginald Mengi

Dr Reginald Mengi’s summon before the high court: He is not director, shareholder of the principal party in the case (KM Prospecting Limited)

When we received a copy of the judgment we discovered that the judgment had no date. In law a judgment that is not dated is not a judgment at all. In other words it is invalid and it cannot be appealed against and the other side cannot execute such a judgment. STATEMENT BY DEOGRATIAS RINGIA ADVOCATE REGARDING NEWS BEING CIRCULATED […]

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Corporate oil and gas players in Africa Forum

Corporate oil and gas players in Africa Forum

14th Africa Independents Forum in London, May 25th & 26th 2016 April 13, 2016/- The 14th Africa Independents Forum 2016 (Africa-IndependentsForum.com), to be held on 25-26th May in London at the Waldorf Hilton, being hosted by the Global Pacific & Partners / ITE Group Plc JV, gathers together leading independents and corporate players worldwide and from across Africa, both listed and unlisted, […]

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World Bank Group Unveils $16 Billion Africa Climate Business Plan to Tackle Urgent Climate Challenges

WASHINGTON, November 24, 2015 – The World Bank Group today unveiled a new plan that calls for $16 billion in funding to help African people and countries adapt to climate change and build up the continent’s resilience to climate shocks. Titled Accelerating Climate-Resilient and Low-Carbon Development, the Africa Climate Business Plan will be presented at COP21, the global climate talks […]

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TANESCO’s Managing Director to address Tanzania’s leading investors at forum for power sector development this December

TANESCO’s Managing Director to address Tanzania’s leading investors at forum for power sector development this December

As Tanzania’s leaders are praised for its peaceful handling of elections, an increasing number of projects are appearing which show case a country that is maturing, growing in confidence and cooperating with the right kind of partners to help it achieve its long-termm goal of becoming a regional hub. The Powering Africa: Tanzania investment briefing will take place from 3-4 […]

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Solar powered tablet devices for education: Akon Lighting Africa unveils its strategy in Benin

Solar powered tablet devices for education: Akon Lighting Africa unveils its strategy in Benin

  Benin is the last stop on this two-week road show during which the co-founders unveiled their long-term objective to use solar activities to drive education by introducing connected tablet devices.   COTONOU, Benin, August 6, 2015/African Press Organization (APO)/ —Akon Lighting Africa concluded its African road show last night in Benin. The three co-founders, Akon, Thione Niang and Samba Bathily […]

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UAE Based Oil Firm Consolidates East African Presence with Acquisition of Essar Petroleum East Africa Ltd

UAE Based Oil Firm Consolidates East African Presence with Acquisition of Essar Petroleum East Africa Ltd

  Gulf Petrochem Group rename entity to Aspam Energy (Kenya) Ltd   NAIROBI, Kenya, July 1, 2015/ — Gulf Petrochem Group today announces the official acquisition and name change of Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd. The deal will enhance the group’s integrated services and products for the downstream supply chain in the oil and gas sector in […]

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Swala Oil & Gas Announces Successful Completion Of Seismic Acquisition Survey In The Moshi Basin

Swala Oil & Gas Announces Successful Completion Of Seismic Acquisition Survey In The Moshi Basin

We will now map the structural leads the survey has identified at the basin margins with the aim of identifying potential drilling locations for the next phase of operations Swala Oil & Gas S(Tanzania) Plc (DSE:SWALA) (‘Swala’ or ‘the Company’) is pleased to announce the successful completion of its 2D seismic acquisition programme (“programme”) over the Moshi Basin in the […]

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Deputy Chief of Mission of Japan in Tanzania, Mr. Kazuyoshi Matsunaga, joins in an entertaining performances/File picture

Tanzania Gets New Assistance From Japan to Enhance Power Distribution

 Dar es Salaam: On 24th  July, 2014, the Government of Japan and the Government of the United Republic of Tanzania signed Exchange of Notes for the Japanese Grant Projects “The Project for Reinforcement of Power Distribution in Dar es Salaam” and “The Project for improvement of Tazara Intersection”.   The Government of Japan provided an additional grant of up to four billion […]

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