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Nigeria gets $200m renewable energy loan from Germany

 Nigeria has received a green loan facility from the German Development Bank (KFW) worth $200 million to develop her small scale renewable energy sector, This Day reports. The loan is aimed at development of renewable energy sources and other energy efficiency projects.

 
This was disclosed by the leader of the German delegation; Renate Von Bodden at a Bi-national Commission’s meeting on energy between both countries in Abuja.
 .... Read more »

Posted on : Tuesday , 9th December 2014

FG, GE sign MoU for $1bn investment implementation

 The federal government and General Electric (GE) signed a Memorandum of Understanding (MoU) yesterday for the implementation of a $1 billion investment plan, Leadership reports.

 
GE’s Global Chairman, Mr. Jeff Immelt had in January 2013 announced the $1 billion investment plan for Nigeria out of which $250 million will be earmarked for capital expenditure of the construction of a multi modal manufacturing and Assembly facility in Calabar, Cros.... Read more »

Posted on : Tuesday , 9th December 2014

Strategic market information on African Industrialization

  NKC Independent Economists has put together reports on industries and sectors on the African continent with strategic market information that that may be useful to your company.

These reports are specialised in that they focus on a specific sector within Africa, and includes insights into Industrial Manufacturing
The impact of manufacturing on economic development has been widely studied. Very few countries have been able to grow and accumulate wealth wi.... Read more »

Posted on : Monday , 8th December 2014

Diligence services offered for Companies investing in Africa

 Investing in Africa can be seen as both a risk and a profit for future economic growth. The World Bank released its latest Global Economic Prospects report in July 2014, suggesting that sub-Saharan Africa will once again be amongst the fastest growing regions in the world.
But when doing business in Africa, it is highly advised to check who you are investing your money in. Fraud in Africa is steadily increasing and it is crucial to be up to date if you are planni.... Read more »

Posted on : Monday , 8th December 2014

Mauritius Corporate firm seeks partners in Africa

 NWT is a group of companies offering trust and corporate services to both Corporates and High Net Worth individuals. NWT is headquartered in Mauritius, with subsidiaries in Switzerland, Hong Kong, Canada, British Virgin Islands, and Nevis. Its two main operating companies are NWT Management SA. and NWT (Mau.... Read more »

Posted on : Monday , 8th December 2014

BP s operates the world s first robotic coreflooding system

 BP recently announced that it is now operating the world’s first robotic coreflooding system the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities.

 
Coreflooding which is one of the most important techniques used to identify and evaluate EOR technologies measures the effectiveness of water or gas injected into an oil-bearing rock sample to displace oil and can also be used to assess the potential f.... Read more »

Posted on : Monday , 8th December 2014

ENI plans to diversify natural gas exploration in Mozambique

The ENI group wants to use different methods for natural gas exploration in the Rovuma basin in northern Mozambique and production is expected to start in 2019, the Managing Director of the company for the region said Wednesday in Maputo.

 

Fabrizio Trilli said the success of the Italian group’s project should not be limited to extraction and export of liquefied natural gas (LNG), so the group, as early as 2015, want to start construction of a power plant .... Read more »

Posted on : Saturday , 6th December 2014

University of Zambia to spend US$750m in building solar energy laboratories

 In a bid that will help meet growing demand for electricity in the countries at the south of Africa, the University of Zambia is planning to venture in constructing solar energy laboratories. Prem Jain, head of energy, environment and research at the university (Energy, Environment and Research Group), has said that the project will also avail an opportunity for students to qualify to work in related fields. This is because it will avail the needed skills.

 Read more »

Posted on : Saturday , 6th December 2014

Ireland & Africa establish a business relationship

 Irish entrepreneurs have already decided. They said yes to Africa! By 2020, trade between Ireland and Africa is to reach $ 24 billion.

Read more »

Posted on : Saturday , 6th December 2014

Investment Boost for Tanzania

 For Tanzania, it is much more than just an injection of cash. According to the authorities, it is a revolution. A revolution in the energy market, where each dollar invested wisely may give rise to subsequent significant changes.

78 mi.... Read more »

Posted on : Saturday , 6th December 2014

Innovators & investors head towards developing Africa

 Berlin Africa Economic Forum was held in Berlin and it concerned Innovations. The Forum was organized by The “German – African Business Association (AV)” and hosted by Deutsche Bank in Berlin.

In the foreword to the m.... Read more »

Posted on : Saturday , 6th December 2014

Turkey – a strategic partner for Africa

 So claims, the Minister for Foreign Affairs of Turkey – Mevlut Cavusoglu. He writes about this in his article, which was circulated to the media in Somalia, Ethiopia, Uganda and Rwanda.

Comments on the partnership are not acciden.... Read more »

Posted on : Saturday , 6th December 2014



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