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C.Africa

C.Africa
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

C.Africa
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

C.Africa
2018, July, 11, 08:55:00

NIGERIA'S OIL INVESTMENT $10 BLN

BLOOMBERG - The $10 billion refinery, set to be one of the world’s largest and process 650,000 barrels of crude a day, should be near full capacity by mid-2020, Edwin Devakumar, group executive director at Dangote Industries Ltd., said in an interview at the coastal site, about an hour’s drive east of Lagos.

C.Africa
2018, June, 29, 10:10:00

АТОМНАЯ ЭНЕРГИЯ РОССИИ И РУАНДЫ

РОСАТОМ - 22 июня 2018 года в Москве Госкорпорация «Росатом» и Министерство инфраструктуры Республики Руанда подписали Меморандум о взаимопонимании по сотрудничеству в области использования атомной энергии в мирных целях.

C.Africa
2018, June, 20, 12:30:00

NIGERIAN OIL SALES

PLATTS - Nigerian oil has been slow to sell this month as bidders for the country's July-loading heavy and light sweet crudes have been absent from the market. Market participants pegged the amount of unsold Nigerian barrels loading in July at 20 million-34 million barrels, amounting to roughly 40%-75% of what is produced in a month.

C.Africa
2018, May, 16, 12:00:00

HEAVY NIGERIAN OIL

BLOOMBERG - Nigerian National Petroleum Corp., the Abuja-based behemoth that dominates the OPEC member’s energy industry, has made losses for at least the last three years,

C.Africa
2018, May, 16, 11:40:00

ЯДЕРНОЕ ПАРТНЕРСТВО РОССИИ И ЗАМБИИ

РОСАТОМ - «Подписание контракта открывает новый этап партнерства между Россией и Замбией. В самое ближайшее время мы планируем приступить к проведению масштабных практических работ, включая инженерные изыскания на площадке центра, проведение оценки состояния ядерной инфраструктуры и последующую разработку плана её развития в соответствии с рекомендациями МАГАТЭ и лучшими российскими практиками. Сооружение центра позволит Республике Замбия стать одним из ведущих игроков в области применения ядерных технологий в регионе Центральной и Южной Африки».

C.Africa
2018, May, 16, 11:35:00

CHINA - UGANDA NUCLEAR

WNN - During last year's visit, Boonabantu noted that Uganda's Vision 2040 roadmap incorporated the development of nuclear energy as part of the country's future energy mix. "Plans have been made in Uganda to have clean and safe energy generation sources with nuclear being one of them," she said. The country, she added, welcomes partners to help construct, train and develop nuclear energy in line with International Atomic Energy Agency (IAEA) standards.

C.Africa
2018, May, 14, 11:10:00

AFRICA'S MODEST GROWTH

IMF - Sub-Saharan Africa is set to enjoy a modest growth uptick, and decisive policies are needed to both reduce vulnerabilities and raise medium-term growth prospects. Average growth in the region is projected to rise from 2.8 percent in 2017 to 3.4 percent in 2018,

C.Africa
2018, May, 14, 10:55:00

NIGERIA'S OIL PRODUCTION 2.07 MBD

PLATTS - Nigeria's oil production rebounded to 2.07 million b/d in April this year, after it slipped to 2.02 million b/d in the preceding month, according to estimates released Thursday by the oil ministry.

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