Public debate on the Draft Law on Electricity in Republika Srpska launched 1590115663318

Business: Ethiopia’s synergy electricity

Transformation of the agricultural sector… Ethiopia turns to alternative energy sources to counter the harmful effects of coronavirus. Coronavirus disruptions are strongly impacting world economies. On the continent, in the horn of Africa, like Ethiopia, measures are being put in place to revive the economy. The country has embarked on the transformation of its agricultural […]

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Equatorial Guinea extends oil exploration licenses

Equatorial Guinea has announced a series of strategic measures to assist oil and gas exploration companies. The measures are expected to lessen the financial burden of these oil companies as the world battles covid-19. The executive president of the African Chamber of Energy for the CEMAC zone, Leoncio Amada NZE, analysed the measures taken by […]

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Evolution rakes in the cash despite drop in production

Evolution on Thursday announced that mine operating cash flows for the quarter ended March reached A$257.4-million, while free cash flows reached A$111.5-million. Gold production in the March quarter declined slightly from the 170 890 oz produced in the December quarter, to 165 502 oz, while silver production declined from 137 262 oz to 118 224 […]

Nigeria to cut oil production

Nigeria will cut its oil production by 1.9 million barrels per day. This will reduce its daily crude oil production to 1.412 million barrels. Abuja is hoping for a $15 rebound in the price per barrel in the short term. This rebound that could bring at least 2.8 billion dollars to the country, according to […]

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Nigeria’s booming hydroalcoholic gel business

Nigeria’s hydroalcoholic gel business booms amid the COVID-19 pandemic. In this edition, we speak with Dr. Stephanie Sodangi, who set up a local gel manufacturing plant in her clinic in Abuja. High demand for sanitary products such as hydro-alcoholic gels and facemasks following the Covid-19 pandemic has led to the emergence of startups. In Nigeria, […]

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CUTTING-EDGE PRODUCTION FOR GLOBAL MARKETS AT FORD’S STRUANDALE ENGINE PLANT

The Ford Struandale Engine Plant in Port Elizabeth is home to two engine programmes currently, the latest and most advanced being the new-generation 157kW/500Nm 2.0 Bi-Turbo and 132kW/420Nm 2.0 Single Turbo engines that power the locally assembled Ford Ranger Raptor, as well as selected Ranger and Everest models. The introduction of the new diesel engine […]