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Coal of Africa casts about for second acquisition

Coal of Africa casts about for second acquisition

August 1, 2017

Coal of Africa (CoAL) is reviewing prospects for a second acquisition, soon after completing its purchase of Uitkomst Colliery from Pan African Resources, to generate cash while it develops its …

Coal of Africa casts about for second acquisition Read More

Nigeria’s Oil Production Helps Keep Oil Prices Low

July 31, 2017

Along with Libya and Venezuela, Nigeria is an OPEC wildcard. Exempt from the promised production cuts started in January, Nigeria (along with Libya) have been offsetting OPEC’s reduction, adding nearly …

Nigeria’s Oil Production Helps Keep Oil Prices Low Read More

Cameroon’s inroad into LNG export sets off market share concerns for Nigeria, others

July 28, 2017

With Cameroon joining the league of sub-Saharan African countries producing Liquefied Natural Gas(LNG), there is the fear of stiffer competition between it and Nigeria, as well as other African countries, …

Cameroon’s inroad into LNG export sets off market share concerns for Nigeria, others Read More

African LNG exports to get boost from offshore projects

July 28, 2017

Cameroon plans to begin exporting liquefied natural gas later this year using a newly designed offshore plant that analysts say could slash production costs and unlock African reserves not previously …

African LNG exports to get boost from offshore projects Read More

Ghana Signs $10 Billion Bauxite Exploration Deal with China

July 22, 2017

Ghana has agreed to a $10 billion bauxite exploration deal with the government of China aimed at further exploiting the West African country’s vast solid mineral deposits. Both countries reportedly …

Ghana Signs $10 Billion Bauxite Exploration Deal with China Read More

Ivanhoe Mines appoints two additional leading financial institutions to arrange project financing for the development of the Platreef PGMs, nickel, copper and gold mine in South Africa

July 19, 2017

Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF), and Lars-Eric Johansson, President and Chief Executive Officer, announced today that the company has appointed another two leading mine-financing institutions – KfW …

Ivanhoe Mines appoints two additional leading financial institutions to arrange project financing for the development of the Platreef PGMs, nickel, copper and gold mine in South Africa Read More

Vitol drops plan to buy Gupta stake of Richards Bay Coal Terminal

July 19, 2017

Vitol Group, the world’s largest independent oil trader, walked away from a deal to buy a stake in the Richards Bay Coal Terminal from a company controlled by South Africa’s …

Vitol drops plan to buy Gupta stake of Richards Bay Coal Terminal Read More

Nigeria: U.S. Govt Pledges Support for Digital Transformation of Nigeria’s Oil, Gas Industry

July 15, 2017

United States government has pledged unalloyed support for the digital transformation of Nigeria’s Oil and Gas Industry. Following this development, the Foreign Commercial Service of the United States Diplomatic Mission …

Nigeria: U.S. Govt Pledges Support for Digital Transformation of Nigeria’s Oil, Gas Industry Read More

US firm, General Electric to invest in Cameroon’s energy, transport sectors

July 11, 2017

A high-level delegation of the General Electric (GE) Company was June 30, 2017 received in audience at the Unity Palace by the President of the Republic, Paul Biya. The Head …

US firm, General Electric to invest in Cameroon’s energy, transport sectors Read More

Dr Reddy’s, Lupin, others mull expanding Africa operations

July 11, 2017

Domestic pharmaceutical companies are expanding their Africa operations with a series of product launches, besides planning to foray in new markets. In FY 2017, drug makers exported medicines worth $ …

Dr Reddy’s, Lupin, others mull expanding Africa operations Read More

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