Maximizing Returns to Human Capital in Mauritania for Increased Wealth and Shared Prosperity

The World Bank has released the seventh edition of its Economic Update for Mauritania, which highlights a slowdown in economic growth in 2023, despite strengthened macroeconomic stability. Economic growth declined in 2023 to 3.4% (0.7% in per capita), following a strong expansion of 6.4% (3.7% in per capita) in 2022. This deceleration is partly due to tighter monetary policy and fragile dynamics in some key sectors, such as rainfed agriculture and extractive industries. […]

July 26, 2024 7

APO International

Mauritanian British Business Council Partners with MSGBC Oil, Gas & Power 2024

The Mauritanian British Business Council (MBBC) will partner with the MSGBC Oil, Gas&Power 2024 conference for the second consecutive year, linking British investors and companies with trade and investment opportunities in Mauritania. The MBBC serves to promote sustainable development, share knowledge and best practices, and foster mutually beneficial partnerships between the two countries, offering guidance and support to UK businesses operating in Mauritania. The organization also leads trade missions to […]

July 26, 2024 12

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Interview Transcripts

Khorixas Mayor Patience !Hoaes Discusses Town’s Progress and Challenges in Exclusive Interview

By Leonard Witbeen In a recent interview with Khorixas Mayor Patience !Hoaes, the mayor shared her insights on her journey since taking office, the current state of the town, and the plans she has for its future. The Moment of Triumph When asked about her emotions upon being declared the mayor, Honorable Patience !Hoaes reflected on a deeply personal experience. “When they announced me as the mayor, it was an […]

July 26, 2024 24 2

Namibia

Institute for Public Policy Research Urges Independence for Public Procurement Unit to Boost Oversight

The Institute for Public Policy Research recommends the Public Procurement Unit be independent from the Ministry of Finance and Public Enterprises to improve regulatory oversight. The current structure, where the PPU director reports to the Ministry's executive director, creates a conflict of interest. IPPR suggests elevating the PPU's status to enhance accountability and transparency. Only 32% of public entities have submitted their procurement plans for the 2024/25 financial year, highlighting […]

July 26, 2024 9

South Africa

DA says the presence of contraband undermines the rehabilitation efforts of inmates

In S.A, the DA says the presence of contraband undermines the rehabilitation efforts of inmates and compromises the security of the country’s prisons. Officials from the Department of Correctional Services and the police raided the Johannesburg Correctional Centre, also known as Sun City, on Wednesday night. Drugs, alcohol, knives, cellphones, WiFi routers were some of the items discovered. The DA’s, Janho Engelbrecht, says intensified efforts to conduct similar raids across […]

July 26, 2024 30

World

Indian and Chinese Foreign Ministers meet at sidelines of ASEAN

More details are emerging a day after India's Foreign Minister met his Chinese counterpart at the sidelines of the ASEAN summit in Laos. New Delhi reportedly told Beijing that there's an 'urgency' to stabilize ties between the nuclear armed neighbours. Ties between India and China have been tense for more than four years now, after their troops clashed along a disputed frontier in the Himalayan region of Ladakh. Neha Poonia […]

July 26, 2024 26

APO International

African Petroleum Producers Organization (APPO) Secretary General to Discuss Energy Bank Launch, Opportunities for Angola at Angola Oil & Gas (AOG) 2024

The African Petroleum Producers Organization (APPO) signed the African Energy Bank (http://apo-opa.co/3WAyFYG) into implementation in June 2024, kickstarting a new era of oil and gas financing in Africa. Offering an alternative source of funding for African hydrocarbon projects, the bank is expected to play a major part in advancing project development in both emerging and mature markets such as Angola. APPO Secretary General Omar Farouk Ibrahim will speak at the […]

July 26, 2024 14

APO International

Azule Energy’s Adriano Mongini to Outline Innovative Floating Production Storage and Offloading (FPSO), Exploration Solutions at African Energy Week (AEW) 2024

International energy company Azule Energy – Angola’s largest independent equity producer of oil and gas – is developing the world’s first FPSO vessel that features carbon capture and storage (CCS) capabilities. The Agogo FPSO falls part of the broader Agogo Integrated West Hub Development in Block 15/06 and is expected to set a benchmark for sustainable oil and gas development across the region. Azule Energy’s CEO Adriano Mongini has joined […]

July 26, 2024 5

APO International

How Newcomers Like Namibia and Guyana Are Surpassing African Legacy Producers in Energy Investment (By By NJ Ayuk)

By NJ Ayuk, Executive Chairman, African Energy Chamber. The major players on the world energy production stage are well known, and particularly in the field of oil and gas, where most of them have been in the game for a long time. In Africa, countries like Algeria, Nigeria, Libya, Egypt, and Angola have been in the business for decades, though much of their resource wealth remains untapped. When new discoveries […]

July 26, 2024 18

Month: July 2024