Government

May 23, 2019

1

Mozambique government approves Rovuma LNG development plan

The government of Mozambique has approved Mozambique Rovuma Venture development plan for the Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs of the Mamba complex located in the Area 4 block in the Rovuma basin, two of which straddle the boundary with neighboring Area 1.

“The development plan approval marks another significant step toward a final investment decision later this year,” said Liam"...

Continue Reading >

May 22, 2019

2

Moldova Citizenship-by-Investment Program Completes First Successful Application

As concessionaire of the Moldova Citizenship-by-Investment (MCBI) program, Henley & Partners is pleased to note the successful completion of the first citizenship-by-investment application in the country. Henley & Partners has over 20 years of experience in strategic consulting, working with sovereign states around the globe in the design, set-up, and operation of the world’s most respected investment migration programs. The completion of the first citizenship-by-investment application process in Moldova clearly illustrates the features that are at the core of the MCBI program: impressive efficiency and a firm commitment to best practice. Within a three-month window, applicants are thoroughly screened in a multi-stage due diligence process that ensures only highly credible international investors are granted Moldovan citizenship. There are currently over 30 applications in process,......

Continue Reading >

May 21, 2019

3

Angola’s Government Partners with SMEs to Further Develop its Growing Petroleum Sector

Angola’s government has announced plans for sustainable partnerships with some of the country’s small and medium-sized enterprises (SMEs) as the country moves to further develop its growing petroleum sector.

According to Sergio Pugliese, African Energy Chamber (AEC) President for Angola, the country’s government is currently running a number of programs, some of them, jointly funded with multilateral organizations, which offer"...

Continue Reading >

May 14, 2019

4

Unions Planning to Disrupt Power Supply, TCN Alerts Police, Others

The Transmission Company of Nigeria (TCN) has said that labour unions under the aegis of the Trade Union Congress (TCN) and the Senior Staff Association of Electricity and Allied Company (SSAEAC) were making plans to embark on an unlawful disrupt of its operations, waring that this could result to nationwide electricity blackout.

TCN in a statement from its General Manager Public Affairs, Ndidi Mbah, explained that both unions had allegedly concluded"...

Continue Reading >

May 2, 2019

5

Ghana signs partnership agreement with UK to deepen economic ties

The government of Ghana and United Kingdom on Tuesday signed a new strategic partnership to deepen and strengthen the existing ties and open up new areas for co-operation.

The two nations agreed to focus their collective efforts in three main areas, including building economic development and mutual prosperity by leveraging on the work of the UK-Ghana Business Council, stability and regional security as well as improving health, education and inclusion.

"...

Continue Reading >

April 29, 2019

6

Africa's largest mosque set to open in Algeria's capital

Algeria is set to open Africa's largest mosque, the Djama El Djazair, or the Great Mosque of Algiers. Constructed by China State Construction Engineering Corporation (CSCEC), the mosque, built in the Algerian capital, is estimated to have cost two billion U.S. dollars to build.

The mega mosque complex covers an area of 400,000 square meters, which makes it the third largest mosque in the world, after the Imam Reza Shrine (600,000 square meters)"...

Continue Reading >

April 23, 2019

7

Liberia Government signs deal with Niron Metals for export of Iron Ore from the Zogota Project

The Government of the Republic of Liberia and Niron Metals Plc have signed a Memorandum of Understanding regarding the passage through Liberia of iron ore from the Zogota iron ore deposit in the Republic of Guinea.

The MOU relates to the use of existing rail and port infrastructure in Liberia.

The signing of the MOU follows the joint vision of economic cooperation, expressed"...

Continue Reading >

April 23, 2019

8

Former PM Ouyahia, Finance Minister Loukal summoned by National Gendarmerie

Algeria – Ahmed Ouyahia, former Prime Minister and Mohamed Loukal, Minister of Finance and former Governor of the Bank of Algeria were convened, Monday, April 22, to appear before the public prosecutor.

Research brigade of the National Gendarmerie of Bab Jdid convened, today, April 22, 2019, according to the public television EPTV, Ahmed Ouyahia, former Prime Minister and Mohamed Loukal, Minister of Finance and former Governor of the Bank"...

Continue Reading >

April 21, 2019

9

Kenya calls on African governments to assist private sector participate in infrastructure development

Kenya’s President Uhuru Kenyatta has urged African Governments to create an enabling environment to enable the private sector to participate more in the development of critical infrastructure in Africa.

The President said he was convinced that public private partnerships supported by robust national institutions to ensure accountability and transparency holds the key to closing the prevailing infrastructure gap on the continent.

The"...

Continue Reading >


Forex News Headline



Forex Market Video