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Zambia s US$259.3m Kazungula Bridge project kicks off

 

 
Construction of the large Zambia’s Kazungula brigde has started after the ground-breaking ceremony was held on the Botswana side of the Kazungula border on 12th of this month.
 
The ground-breaking ceremony was led by Vice –President Guy Scott and his Botswana counterpart, Ponatshego Kedikilwe. The former urged the contractor and supervising engineer to wrap up on working on a US$259.3 Kazungula Bridge proj.... Read more »

Posted on : Friday , 19th September 2014

New US$ 2.6bn Safi thermal power plant to be built in Morocco

 All is set for construction of the to-be-largest ever thermal power in Morocco, Safi thermal power plant, after signing of investment contract relating to the setting up of the plant. The signing of the contracts was done in presence of Government Chief Abdelilah Benkirane in Rabat on Wednesday this week.

 
Once completed, Safi thermal power plant will give off 1, 386MW of power and will be part of the government’s strategy to counter the growi.... Read more »

Posted on : Friday , 19th September 2014

Egypt: Cabinet Decision Allows Renewable Energy Authority to Produce and Sell Electricity

 Cairo — Egypt's cabinet amended on Wednesday the law governing the New and Renewable Energy Authority (NREA) to allow the authority to form companies to produce and sell electricity.

 
The NREA works under the auspices of the ministry of electricity. It is concerned with carrying out projects for the production and use of renewable energy.
 
As per the new amendment, the authority will now be capable of luring inves.... Read more »

Posted on : Thursday , 18th September 2014

Zimbabwe: Swiss Company Signs Solar Power Deal With Zinwa

 SWISS energy and communications company Meeco Group, through its Zimbabwean subsidiary, Our Sun Energy, has signed a multi-million dollar deal with the Zimbabwe National Water Authority to provide solar power to the parastatal's existing water treatment facilities across the country.

 
The deal is part of a Public-Private Partnership arrangement and will see the Swiss company eventually take over the designing, construction and operation of the water.... Read more »

Posted on : Thursday , 18th September 2014

Total resumes $2.5bn Usan Deepwater oil block sale

 France’s Total SA, Europe’s second largest oil company, has put one of its offshore Nigerian oil fields up for sale for the second time, the company said, after a 2012 deal with Sinopec Corp of China failed.

Total has hired BNP Paribas to find buyers for its Usan deepwater oil field located in Oil Mining Lease (OML) 138, which could be worth about $2.5 billion, according to sources familiar with the matter.
“We have selected an advisor t.... Read more »

Posted on : Wednesday , 17th September 2014

FG targets 1m tonnes of cooking gas yearly

 The Federal Government has said it plans to supply the local market up to one million metric tonnes, MT, of Liquefied Petroleum Gas, LPG/cooking gas yearly, to boost per capita consumption of the commodity in the country.

Currently, the market is being supplied with about 250,000MT, up from the 150,000MT, when it began its intervention in the sector about a decade ago.
The Head, Environment, the Department of Petroleum Resources, DPR, Lagos Zonal Office, .... Read more »

Posted on : Wednesday , 17th September 2014

IPMAN seeks govt s intervention in kerosene, diesel supply

 The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to intervene in the downstream sector of the petroleum industry to ensure adequate supply of Dual Purpose Kerosene (DPK) popularly called kerosene and Automotive Gas Oil (AGO) commonly called diesel, to avert scarcity.

IPMAN’s Chairman, Mosimi depot, Comrade Dele Tajudeen, made the request during a meeting of the association at Mosimi, Sagamu, Ogun State.Read more »

Posted on : Wednesday , 17th September 2014

Competition seen in power sector as TEM begins November

 The transitional electricity market (TEM), a stage that will ensure accountability and boost further investment in the Nigerian electricity market is expected to come on stream in November, BusinessDay has learnt.

It was gathered that the Nigerian Electricity Regulatory Commission (NERC) had in a meeting on Wednesday considered the launch of the TEM in about two months’ time.
TEM represents the intermediate step to move the electricity market in an .... Read more »

Posted on : Wednesday , 17th September 2014

Kaduna DISCO to commission 3 injection substations

 Kaduna Electricity Distribution Company (KEDC) is to commission three new injection sub-stations at the Nigerian Air Force Base, Mothercat and Hanwa in Zaria, Kaduna State, to improve power supply in the state, KEDC Chief Executive Officer, Alhaji Idris Mohammed, has disclosed.

Speaking in Kaduna yesterday when he hosted the leadership of the Correspondents Chapel of the Nigerian Union of Journalists, Kaduna State chapter, led by its Chairman, Malam Garba Muhammad, i.... Read more »

Posted on : Wednesday , 17th September 2014

Kenya Seed Introduces New Maize Variety Resistant to Striga Weed

The Kenya Seed Company has introduced new maize seed variety which is resistant to the maize lethal necrosis virus.

Read more »

Posted on : Wednesday , 17th September 2014

Nigeria, Kenya Sign MoU On Agribusiness Development

 THE Federal Government on Friday in Nairobi signed a Memorandum of Understanding (MoU) with the Kenyan government for the promotion of agribusiness between both countries.

Read more »

Posted on : Wednesday , 17th September 2014

Kenya: Report Recommends Revival of Cooperatives to Boost Dairy Farming in Kakamega

A task force has recommended the revival of cooperative societies and opening of new ones to spur dairy farming in Kakamega county.

Read more »

Posted on : Wednesday , 17th September 2014



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