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Month: August 2012

S. Sudan to resume oil production in four to six months

August 31, 2012 Steven Addamah 0

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 […]

Tunisia: Central Bank raises Key rate

August 31, 2012 Geraldine Boechat 0

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

August 30, 2012 Steven Addamah 0

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

August 30, 2012 Geraldine Boechat 0

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

August 30, 2012 Steven Addamah 0

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

August 29, 2012 Steven Addamah 0

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

August 29, 2012 Geraldine Boechat 0

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

August 28, 2012 Steven Addamah 0

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

August 24, 2012 Geraldine Boechat 0

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

August 24, 2012 Steven Addamah 0

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 […]

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