Enapor invests One million Euros to refurbish Port of Praia’s cabotage quay
Cape Verde’s port management company (Enapor) will invest 937,000 euros to refurbish the cabotage quay at the Port of Praia, and the work is expected […]
Business
UK’s SDX Energy divests from Egypt to focus on Morocco portfolios
The London-based energy company SDX said it will divest its Egyptian assets to focus on diversifying its energy portfolio in Morocco, where it already operates […]
Angola inaugurated the country’s largest diamond project
Angolan President João Lourenço, on Monday November 27, inaugurated the country’s largest diamond project, the Luele (Luaxe) mine, which is due to start operating later […]
Oxford consultant improves Mozambique’s growth forecast this year to 5.1%
Analysts believe that the Coral South FLNG project could significantly increase gas production in Mozambique this year. Oxford Economics Africa this Sunday November 26 revised […]
Saudi Arabia, Djibouti inks MoUs in many areas including communication
Saudi Arabia and Djibouti have signed several Memorandums of Understanding (MoUs) in many fields including animal resources and communication during the fifth meeting of the […]
Atlantic vision of King Mohammed VI wins backing across Africa
The call by King Mohammed VI to promote regional integration among African countries bordering the Atlantic continues to gain backing across the continent. The most […]
Hilton enters Angola through Grupo Veleiro in a 137 million-euro investment
US hotel chain Hilton has teamed up with Grupo Veleiro to enter the Angolan market with a new five-star hotel in an investment estimated at […]
Indian RITES to supply locomotives to Mozambique for 34.4 million euros
The state company Rail India Technical and Economic Service (RITES) will supply 10 locomotives, in a deal worth 37.6 million dollars (34.4 million euros), to […]
Nigeria drops legal action against Italian oil company Eni
Italian oil company Eni continues its legal saga in Nigeria. On Thursday November 16, Abuja withdrew its civil claims against the energy producer. At the […]
Angolan concessionaire received 53 bids for oil exploration in the Congo and Kwanza Basins
Angola’s National Oil, Gas and Biofuels Agency (ANPG) has received 53 bids in the onshore tender for 12 oil blocks in the Lower Congo and […]