Month: December 2023

Petrodel Resources Ltd. (‘Petrodel’), a leading energy company in the development of oil and gas reserves, confirms Tanzania’s Minister of Energy, has approved the assignment of 74% interest in the Tanga block from Afren Tanzania Ltd. to Octant Energy Tanzania Ltd. (‘Octant’) in accordance with Section 86(2) of the Petroleum Act 2015. The parties Petrodel (26%) and Octant (the operator - 74%) can now move into the final 3-year period […]

The Global Black Impact Summit (GBIS), a highly anticipated event celebrating #BlackExcellence and fostering global unity, is set to address a critical topic at its upcoming edition: the importance of dedicated Black platforms that create opportunities for Black talent. Taking place next February in Dubai, the summit will bring together global leaders, influencers, entrepreneurs and visionaries to tackle the underrepresentation of Black individuals and drive transformative change. The summit highlights […]

IIASA (International Institute for Applied Systems Analysis) alongside the BRICS Competition Law and Policy Centre (www.BRICSCompetition.org) and the TALAP Center for Applied Research have presented the results of their joint research in the Central Asia Pavilion at COP28 in Dubai. Michael Obersteiner, Director of the Environmental Change Institute at the University of Oxford, and Principal Research Scholar in ASA presented the key findings of ASA's report “Carbon Farming in Kazakhstan: […]

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved loans of almost USD 250 million to Rwanda in Abidjan on 1 December 2023, to improve the population’s access to water and sanitation services. The Sustainable Water Supply and Sanitation Program for Transformation, currently in Phase I, will receive a loan of USD 199.5 million from the Bank, and another of USD 50 million from the Africa Growing […]

In a major milestone in the treatment of stroke patients, the first comprehensive private sector Emergency Acute Stroke and Rapid Evaluation Center has opened in Imo State, Nigeria. The Center is the result of a cooperation between Regions Stroke and Neuroscience Hospitals, Labrad Diagnostics Center, and Regions Stroke and Epilepsy Foundation. It is equipped with innovative technologies from GE HealthCare (www.GEHealthCare.com) and is designed to help save lives and improve […]

Since its inception in 2008, the Canon EMEA Ambassador programme (https://www.Canon-CNA.com) has grown into one of the most influential industry initiatives bringing photographers, videographers, and cinematographers together, to share their knowledge and skill with the wider imaging community. This month, marking the most comprehensive programme update in the past three years, 62 cross-discipline creators will join the ranks. Following a rigorous selection process by a panel of industry experts, this year’s […]

Despite rising food and fuel costs, weakening currencies, climate change effects, security threats, political instability, rolling power cuts, infrastructure limitations, and several economic and social challenges, Africa will be one of the fastest-growing regions in 2024. That’s one of the key findings in the 2024 edition of the Top 100 Business Opportunities in Africa to Watch (https://apo-opa.co/47PmhYd), an annual selection of the continent’s most lucrative business ideas and investment opportunities […]

Under the presidency of His Excellency, Prime Minister Amadou BA, and following a successful initial information meeting on November 13, 2023, the Conseil National de l'Entrepreneuriat (CNE) (https://www.CNE-sn.com) is proud to announce its official launch on December 19, 2023 at the Radisson Blu Hotel in Dakar. This new body offers an open and dynamic platform, as an alternative to traditional employers' organizations, and is committed to strengthening Senegal's economic fabric […]

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). There was an era when Africa and Western pop music were closely linked. Western entertainers spearheaded a number of internationally renowned events to raise awareness about the plight of starving Africans and generate funds for famine relief. In December 1984, the supergroup Band Aid sang about feeding the world, asking “Do They Know it’s Christmas?” Within a year, the group had […]