To Stem Investment Elsewhere, Nigeria’s Oil Sector Requires Change (By NJ Ayuk)

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). Nigeria, a previous bright spot on big oil and gas investors’ radar screens, has dimmed substantially as investor attention is increasingly drawn to new and emerging developments in Namibia, Ivory Coast, Angola, and the Republic of Congo. With two-thirds or more of its revenue coming from oil, investor flight is a serious problem for Nigeria. Divestments: The Reasons and the Buyers […]

July 29, 2024 11

APO International

Namibia’s Minister of Energy and Mines Joins Angola Oil & Gas (AOG) 2024 Amid Surge in Offshore Exploration

Following a string of offshore oil and gas discoveries made between 2022 and 2024, Namibia’s Orange Basin has garnered substantial interest from IOCs and independent exploration and production (E&P) firms. Largely considered one of the world’s hottest frontier oil plays, the country plans to produce first oil by 2030, joining the likes of Angola as a major African oil producer. Namibia’s Minister of Energy and Mines Tom Alweendo will speak […]

July 29, 2024 27

Sport

Iraqi churches denounce Olympics opening ceremony scene

Iraq's top churches have joined international religious bodies in condemning a controversial segment of the Paris Olympics opening ceremony, which many interpreted as a reference to the Bible's Last Supper. "What happened at the opening ceremony of the Paris Olympics is shameful and a mockery of the Christian religion," Iraq's Chaldean Catholic church said in a statement Sunday. The contentious scene in Friday's parade in Paris involved […]

July 29, 2024 16

Business / Economics

Profits fall at McDonald’s as it redoubles value push

McDonald's reported a drop in profits Monday behind broad-based sales declines as the fast food giant redoubles efforts to win over inflation-weary consumers. All three of the chain's operating regions experienced comparable sales decline, a significant weakening next to the year-ago results when global comparable sales jumped nearly nine percent. Profits for the quarter ending June 30 were $2.0 billion, down 12 percent. Revenues were essentially flat […]

July 29, 2024 8

Oshiwambo

Omauliko giipindi mondoolopa ya Eenhana oga tameke nena

Edhingoloko eti 14th lyomauliko giipindi ga Eenhana Trade and Bussiness Expo olya tameke nena,kohi yehuku:Reviving local economy through business resilience, innovation, and diver-si-fication.’ Moonkundathana no Nampa nena,omupopiliko gondoolopa Ottilie Shingenge okwati oyena aapindiki 192,moka yaali yaza ko Zambia noko Zimbabwe. Shingenge okwati omauliko gonuumvo oga dhenga mbanda,muna omathigathano ngaashi goku teleka. Ta holola wo kutya ominista mombelewa yomupresitend Christine Hoebes otaka egulula omauliko giipindi metitano. Omauliko otaga hulu molyomakaya.

July 29, 2024 19

Oshiwambo

Malaysia okwa ningi eindilo oku wayimina iilongo yo BRICS

Malaysia okwa ningi eindilo oku wayimina iilongo yo BRICS,shiikwatelela kominista onkuluntu yoshilongo Anwar Ibrahim ohela. Omipopyo okwedhi ningi pethimbo lyoshigongi nominista ya Russia yiikwapondje Sergey Lavrov ngoka ta talelepo Malaysia uule womasiku gaali. Russia nuumvo oye eli omunashipundi go BRICS. Ominista onkuluntu ya Malaysia tayiti ompito yuukwashilyo otayi endulula eitulemo lyoshilongo oku yela elongelokumwe lyopashigwana. Mo BRICS ,muna iilongo yomaliko taga koko meendelelo ya totwapo mo 2006 omwali muna Brazil,Russia,India,China […]

July 29, 2024 18

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Oshiwambo

Opolisi ya tula miipandeko aafekelwa yatano kwali taya kambadhala okwiyaka mondjedhililo kOkongo metitano

Opolisi yoshilongo oya tula miipandeko aafekelwa yatano mboka ya adhika taya iyaka mondjedhililo mOkongo moshitopolwa shaOhangwena Etitano. Shiikwatelela kuuyelele wa gandjwa kopolosi ,aafekelwa mboka ayehe oya tegelela epangulo. Aafekelwa yane aakwashigwana ya Angola omanga gumwe omu Namibia. Takuti aafekelwa okwali taya ningi oonkambadhala yiiyakemo, ashike oonkambadhala dhawo odha ponyo. Otaku hokololwa ya tete omweelo noshinima shaashiwike, taya kambadhala oku zamo, ashike oya monika kuuthano noku tulwa miipandeko.

July 29, 2024 11 2

Oshiwambo

Ospan okuza mo SADC Electoral Advisory Council (SEAC) oyili mo Namibia metumo tali tetekele omahogololo

Ospan okuza mo SADC Electoral Advisory Council (SEAC) oyili mo Namibia metumo tali tetekele omahogololo, oku tala epyakudhuko lyoshilongo oku ninga omahogololo gopashigwana mu November. Leonard Sesa,a kalelapo Bostwana molutu ndoka,okwa lombwele o Nampa nena kutya oyeli moshilongo uule wiiwike iyali okuya moonkundathana naanipambuliko yomahogololo ya yooloka. Tati oyeya oku tsakanena naanipambuliko yomahogololo ya yooloka okutala ngeke okomisi yomahogololo oya pyakudhukwa oku ninga omahogololo gopashigwana. Tati wo olutu otalu ka […]

July 29, 2024 27

Africa

Cheaper data beckons in Africa as satellite internet roll-out intensifies

By Conrad Onyango, bird story agency A year after the introduction of commercial-scale satellite internet by Elon Musk’s Starlink in Africa, significant developments are beginning to reshape the continent's internet landscape, with cheaper and faster internet increasingly available in Africa as satellite infrastructure rollouts expand and competition among providers intensifies. In May, Liquid Intelligent Technologies, a major internet player with a presence in 14 countries […]

July 29, 2024 72

Month: July 2024