25 Years Celebration

Latest Business News

Afrox opens air separation unit in Africa

 The investment is part of a three-year programme by Afrox and its parent company Linde Group and directed at boosting customer service levels and supporting the company’s growth strategy in South Africa. Afrox said that the new plant was built to meet global standards. Afrox managing director Brett Kimber said the newly-commissioned air separation unit will produce high purity oxygen, nitrogen and argon to serve the merchant and medical markets in this major bulk business.... Read more »

Posted on : Tuesday , 18th November 2014

Main One expands into manufacturing sector in Africa

 The company said its expansion into the manufacturing industry was driven by the sector’s growing demand for reliable connectivity solutions, increased need for virtual private networks between company branches, as well as increased security challenges faced by conglomerates. Main One showcased its broadband solutions at seminars attended by IT managers in Agbara Industrial Estate, Ogun State, and Ikeja and Apapa business zones. Speaking at one of the sessions, the.... Read more »

Posted on : Tuesday , 18th November 2014

KenGen to set up an industrial park at Olkaria-Kenya for investors

 Kenya Electric Generating Company (KenGen) is planning a new industrial park at Olkaria area to offer commercial facilities to interested companies. Interested companies will have opportunity to build plants in the park, and get subsidies on power. The planned industrial park will be constructed on a 1, 200 acres of land already identified at the site in Nakuru by KenGen. It was expected that the Export Processing Zones Authority would provide technical details for the new.... Read more »

Posted on : Tuesday , 18th November 2014

Ghana National Petroleum Corporation (GNPC) is seeking US$1bn to become an independent operator, according to a report

 Reuters reported that GNPC is in talks with Dutch commodities trader Trafigura and banks for a US$700mn five-year loan at 4.43 per cent to fund its oil and gas projects. GNPC is state-owned and a major player in Ghana’s oil exports, but said its need to boost capital cannot be met entirely through public sources. “GNPC has to be prudent and build up capital for its growth. This is normal commercial practice. No serious company lives from year to year,”.... Read more »

Posted on : Tuesday , 18th November 2014

Nigeria has Africa's largest gas reserves, states OPEC report

 The Organisation of Petroleum Exporting Countries (OPEC), in its latest World Oil Outlook 2014, has stated that Nigeria has retained the top position in Africa in terms of holding the largest reserves of gas on the continent Nigeria, ranked ninth globally, follows Russia, Iran and Qatar on the list of countries having the largest reserves of gas. Algeria is ranked 10th and Egypt 17th. In addition, OPEC’s report has added that an investment of US$10 trillion over 26 years.... Read more »

Posted on : Tuesday , 18th November 2014

Eco Atlantic completes 3D survey in Namibian basin

 Eco Atlantic Oil & Gas Ltd. has completed its 3D seismic survey across 1,097 sq km on the Cooper block located in the Walvis Basin, offshore Namibia The survey, which began on 16 October 2014, was executed by PGS Geophysical Ltd. using high resolution GeoStreamer technology, and PGS Geophysical has already commenced processing the data, revealed officials from Eco Atlantic. Colin Kinley, CEO of Eco Atlantic, said, “We are pleased to announce the successful completion.... Read more »

Posted on : Tuesday , 18th November 2014

Halliburton offers $35 billion for Baker Hughes

 Energy industry products and services provider Halliburton and leading supplier of oilfield services, products, technology and systems Baker Hughes have announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction at an equity value of $34.6 billion and enterprise value of $38.0 billion.   Upon the completion of the transaction, Baker Hughes stockholders will own approximately 36 percent.... Read more »

Posted on : Tuesday , 18th November 2014

Nigeria: Fresh Oil Spill in Bayelsa Community

Knowing where you are going is the first step to getting there' - Ken Blanchard   To many Nigerians, Diezani Alison Madueke's name may not have been found in the list of Nigeria's high-ranking political gladiators before assuming her present position as the nation's Minister of Petroleum Resources about three years ago.   As has been observed in transformational rebirth of many nations, there comes a time when a reformer emerges and embarks on a trail blazing endeavours.... Read more »

Posted on : Monday , 17th November 2014

Govt signs Shs12 trillion contract for oil pipeline feasibility study

The government has signed a contract with Toyota Tsusho, a Japanese company to carry out a feasibility study that will see the crude oil pipeline construction start The government has signed a contract with Toyota Tsusho, a Japanese company to carry out a feasibility study that will see the crude oil pipeline construction start.  Energy minister Irene Muloni signed the $4.5b (Shs12.3 trillion) contract at the Ministry of Energy Sector Review held last week in.... Read more »

Posted on : Monday , 17th November 2014

Low cost Kenya-made car goes on sale at Sh950,000

A Kenyan-made vehicle that is designated as Africa’s cheapest car has hit the showrooms, bringing to reality the dream of an entrepreneur who designed it four years ago. The car, which trades under the brand name Mobius, entered the showrooms this month at a price of Sh950,000 – making it the lowest-priced new vehicle in the country. Mobius Motors is the maker of the vehicle while Thika-based Kenya Vehicle Manufacturers (KVM) is the assembler of the vehicle that is.... Read more »

Posted on : Saturday , 15th November 2014

Matchedje Motor, Mozambique to expand local vehicle manufacturing factory

Matchedje Motor, a sole national automotive company that on Thursday last week launched campaign to sell its first 100 all-terrain vehicles priced at US$19,600, is planning a second-phase expansion of its vehicle manufacturing factory to produce 100,000 vehicles annually. The company, which is currently producing all-terrain vans, buses and electric scooters produced locally on Mozambique soil, has the first phase of the factory already operational but is planning to undertake.... Read more »

Posted on : Saturday , 15th November 2014

East Africa Puts Pressure on Exploration Investment in Nigeria

 Nigeria is no longer the preferred destination for oil exploration in Africa, the Managing Director\Chief Executive, Total Upstream Company in Nigeria, Elisabeth Proust, has said.   Proust attributed this to stiff competition from East Africa with large volumes of gas discovered in Mozambique, Tanzania, Kenya and Angola.   According to her, these countries have rolled out attractive terms and incentives designed to encourage exploration.   She stressed the.... Read more »

Posted on : Friday , 14th November 2014




Expogroup is a full service exhibition organiser with over 25 years experience in International.Trade Exhibitions and Events. Our current portfolio includes 20 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

EXPOGROUP © 1996 - 2024 | Privacy Policy

Subscribe Newsletter

Join our mailing list and receive latest news and advice from us in our monthly Newsletter

Yes, I would like to receive Expogroup E-newsletters

Instant Reply