Algeria.(Oil News)(Brief article)
CONSTRUCTION WORK HAS started on the Medgaz pipeline, to be the
country's third gas pipeline to Europe. Medgaz will run from the
coast at Beni Saf to Almeria, Spain, initially carrying eight . . .
Nigeria.(Oil News)
AFREN -- A UK-BASED firm founded by a former head of Opec, Rilwanu
Lukman--has set up a 50:50 joint venture with Nigeria's Global
Energy Company to pursue gas interests. The new company, Afren . . .
Angola.(Oil News)(Brief article)
THE FIRST WELL to target a difficult pre-salt structure in the
Cabindan onshore was non-commercial but it found "a thick
world-class source rock", according to the operator,
Australia's Roc. Oil . . .
Equatorial Guinea.(Oil News)
PLANS TO CONSTRUCT a second train at the liquefied natural gas
(LNG) complex at Punta Europa, on Bioko island, are firming-up.
A government announcement said Marathon and partners had agreed
"to . . .
Nigeria gives go-ahead for Usan field.(Oil News)(Brief
article)
FRANCE'S TOTAL HAS launched a four-year project to bring the
Usan field on stream, following approvals from Nigeria's petroleum
authorities. The large oilfield--a 2002 discovery--lies about 100km . . .
Ghana.(Oil News)(Brief article)
A SECOND OIL discovery has been made in the West Cape Three Points
licence, where US firm Kosmos is the operator. The Odum-1 well--drilled
only 13km east of the first find, Mahogany-1--found an oil . . .
Nigeria's Federal government.(Briefly)(Brief
article)
NIGERIA'S FEDERAL GOVERNMENT has completed plans to sell six
of the country's major airports to private investors to operate and
fund maintenance under a public-private partnership agreement, . . .
North American Airlines.(Briefly)
NORTH AMERICAN AIRLINES is reported to have announced that its
scheduled service between the US and Lagos and Accra will be
discontinued on 20 May. The Nigerian press commented that demand for . . .
Five-star hotel for Lubumbashi.(Business Travel)
LONRHO HAS BEEN awarded the redevelopment and subsequent management
contract for the Karavia Hotel in Lubumbashi by the Government of the
Democratic Republic Of Congo (DRC). A new company, Karavia . . .
EgyptAir Holding orders six jets.(Business Travel)
EGYPTAIR HOLDING COMPANY has ordered six additional Embraer 170
aircraft. Deliveries will begin in 2009. The original contract, covering
six firm orders and six options (now confirmed), was . . .
Lufthansa launches flights to Angola.(Business Travel)
LUFTHANSA GERMAN AIRLINES announced its new flights to Angola at
the German/Angolan Economic Forum held in Franfurt in February. The
airline's Vice President Sales and Service for Southeast . . .
Executives' calendar.(Calendar)
APRIL
1-4 Telecomp Maroc 2008. Solutions IT CASABLANCA
6th International Telecommunications and Information Technology
Exhibition. Fairtrade GmbH. . . .
Platinum falters.(Commodity Report)(Report)(Brief
article)
AFTER REACHING AN all-time record of US$2,192 an ounce on 21
February, platinum for the most part continued to trade above US$2,000
an ounce in the first half of March. However, the precious metal . . .
Tea prices mixed.(Commodity Report)
PRICES FOR KENYAN tea at the weekly tea auctions held in Mombasa
have been somewhat mixed in recent weeks on account of quality
variations. At the 19 March auction, best Broken Pekoe Ones (BP1s) . . .
Copper cools on US economy gloom and Chinese
reluctance.(Commodity Report)
COPPER PRICES CONTINUED their recent rally into early March, with
the three-month price on the London Metal Exchange (LME) registering
another record on 6 March of US$8,882 a tonne. Prices were . . .
Cocoa futures slip on investor sell-off.(Commodity
Report)
COCOA FUTURES EXPERIENCED mixed fortunes of late, largely on the
back of funds and speculator activity. Recent weeks saw futures prices
driven up to multi-year highs as funds and speculators piled . . .
Robusta falls.(Commodity Report)
AS WITH COCOA, robusta coffee futures saw multi-year highs in
recent weeks, with the benchmark second position contract (May) reaching
a 12-and-a-half year high on LIFFE on 5 March. Strong buying . . .
Gold hits US$1,000 a troy ounce.(Commodity Report)
GOLD REACHED A US$1,000 a troy ounce on 13 March, an all time
record high and at the time of writing was continuing to hold up at
around that level. The precious metal has been pushed higher by a . . .
UNCTAD's role to reduce poverty; Accra conference
coming.(Commercial Review)(Conference news)
THE INTERNATIONAL COMMUNITY has a "special duty" to
spread recently promising global economic growth to the "poorest of
the poor," United Nations Secretary-General Ban Ki-moon said
recently. The . . .
Ghana and Uganda recruit consultants.(Commercial Review)
THE GOVERNMENTS OF Ghana and Uganda are recruiting consultants for
major economic planning projects.
As part of the National Medium-term Private Sector Development
Strategy Accra is now . . .
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