S. Sudan to resume oil production in four to six months
South Sudan’s Minister of Petroleum and Mining Stephen Dhieu Dau said Thursday his country hopes to resume oil production in the Upper Nile’s oilfields in […]
Month: August 2012
Tunisia: Central Bank raises Key rate
The Central Bank’s Key interest rate has been lifted in Tunisia as the country struggles to fight against the rising inflation. The new rate has […]
Piracy acts in Horn of Africa waters fall in 2012
Piracy acts off the Horn of Africa have fallen sharply to 46 pirate attacks in 2012, compared with 222 acts in 2011 and 239 in […]
Mauritania discovers arms deals
Reports of a foiled arms transaction are emerging between Ansar al-Din, a Touareg Islamist group in Mali, and a Mauritanian businessman by the Mauritanian forces […]
Libya’s assembly suspends old regime figures
Three members of the newly elected national assembly members in the country’s first democratic elections have been suspended from their official duties announced the spokesman […]
Nigeria lost more than $400 billion of oil proceeds since 1960
Nigeria has lost more than $400 billion of its oil revenue because of theft or mismanagement since the country’s independence in 1960. The figure was […]
Algeria: Market motivated Novo Nordisk’s decision
The significance of the Algerian market has pushed the Novo Nordisk Region International Operation to choose the country among several others as a place to […]
Sudan seeks October gasoil delivery
The Sudanese Petroleum Company is hoping to secure supply for gasoil for the month of October in the spot market according to industry sources due […]
EUCAP SAHEL Niger mission kicks off to fight terrorism, secure uranium
The new European mission meant to support the fight against organized crime and terrorism in the Sahel region, dubbed “EUCAP SAHEL Niger” kicked off earlier […]
S&P removes Egypt from credit watch rating, confirms rating B
The rating agency Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local currency sovereign ratings on […]