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South Africa's Imperial to take $58 mln stake in Dutch medical wholesaler

South Africa’s Imperial Holdings will buy 70 per cent of Imres BV, a Dutch wholesaler of medical supplies, for 46 million euros.

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Posted on : Friday , 31st October 2014

Cipla Medpro inks marketing pact with Teva for South Africa

The collaboration is a sales and distribution arrangement whereby Cipla Medpro will exclusively market Teva's broad pharmaceutical product portfolio in South Africa

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Posted on : Friday , 31st October 2014

Liberia: Cica Motors Donates U.S.$97 K Vehicles to Red Cross

Premium dealer in Toyota automobiles in Liberia has donated a Toyota Land cruiser ambulance valued at US$55,000 and a HINO truck valued at US$42,000 to the Liberia National Red Cross Society.

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Posted on : Friday , 31st October 2014

Tanzania Mulls Investing in Geothermal Power

TANZANIA is looking into investing heavily in renewable energy, especially geothermal power on that the rock originated heat energy happens to be both cost-effective and greener for the environment.

Speaking in Arusha, Assistant Commissioner for Renewable Energy in the Ministry of Energy and Minerals, Mr Edward Ishengoma, revealed during the official opening of a two-day geothermal training that renewable energy was currently the last resort in the.... Read more »

Posted on : Wednesday , 29th October 2014

VAALCO and Sonangol Enter Subsequent Exploration Phase

In Angola VAALCO Energy entered into the Subsequent Exploration Phase (SEP) on Block 5 together with its working interest partner, Sonangol P&P. The SEP extends the exploration license for an additional three-year period such that the new expiry date for exploration activities is November 30, 2017.

Under the terms of the SEP, VAALCO and Sonangol are required to acquire a 3D seismic program covering 600 sq km and .... Read more »

Posted on : Wednesday , 29th October 2014

Central African Republic: Dubai-Based Company to Supply Petroleum Products to CAR

The Dubai-based Tristar liquid logistics company in the United Arabs Emirates w.... Read more »

Posted on : Wednesday , 29th October 2014

Cap Energy plans 3D survey off Guinea-Bissau Cap Energy plans 3D survey off Guinea-Bissau Cap Energy has informed that it is working to

Cap Energy has informed that it is working to progress its interests offshore Guinea-Bissau, West Africa, by conducting a 3D survey scheduled for November, 2014.

Sitting in the same basin as the Company’s Senegal assets, the prospective leads are distributed across a carbonate shelf that passes abruptly to deeper water to the west.

As the deepwater geology.... Read more »

Posted on : Wednesday , 29th October 2014

Tanzania: Life Changes for the Better As Msolwa Village Gets Electricity

To realise these targets, the country requires adequate, reliable, affordable and environmentally friendly electricity supply.

According to REA Director General, Eng Lutengano Mwakahesya, the rural residents get connected by paying 27,000/- only and that the low cost is aimed at encouraging more people to access the power service and that the income is injected into Rural Energy Fund (REF).

.... Read more »

Posted on : Wednesday , 29th October 2014

Liberia: NP Launches Filling Station in Buchanan

National Petroleum (NP), a 100% privately own Sierra Leonean firm, has opened one of its station in Buchanan, Grand Bassa County. The opening ceremony took place on Tuesday, October 28 where the Managing Director, Mr. Mohammed S. Kanu, assured the people of Grand Bassa that his company is there to stay. The Buchanan filling station is NP's 6th station in the country and the first outside the capital, Monrovia.

"NP is here to stay and it is a p.... Read more »

Posted on : Wednesday , 29th October 2014

GHANA TO INCREASE LOCAL GAS PRODUCTION

President of Ghana, Mr. John Mahama, while responding to questions on the economy at the Global African Investment Summit in London, said the country is working hard to court more private investors to shore up local production of gas to solve the country’s power crisis.

He said this will end the country’s over-reliance on the West African gas pipeline which has been inconsistent with supplying gas to the country.

.... Read more »

Posted on : Wednesday , 29th October 2014

Tanzania: Investors Wait for Govt Approval On LNG Plant Site

MULTINATIONAL oil and gas companies operating in Tanzania are waiting for a government approval on their proposal for a suitable location for a liquefied natural gas (LNG) plant.

According to the BG Group's External Communications Manager, Mark Todd, BG Group and Statoil had sent to the government a joint proposal on the suitable site for the plant. " ... the Tanzania government requested BG G.... Read more »

Posted on : Wednesday , 29th October 2014

Soft drink company Coca Cola launches plastic recycling project

Soft drink giant Coca-Cola East and Central Africa is leading a new initiative to help tackle plastic bottle wastes with a recycling project already running in Kenya.

Through an industry coalition with plastic bottle manufacturer Safepak Ltd and Highlands Mineral Water Company, the soft drink manufacturer recently launched the recycling project in Kenya with a view to replicating it in the region.

In Kenya, the three compan.... Read more »

Posted on : Wednesday , 29th October 2014

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