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Announcements
Kwik
Source: Kwik |

Kwik Delivery reaches 2000 verified customers 2 months after its launch in Lagos

kwik verifies its customers through mobile phone OTP as well as email verification

Just two months after its launch in Lagos, the kwik Delivery (http://Kwik.delivery/) platform reached 2000 verified customers and is already well on its way toward 3000 verified customers. "We are thrilled by the response from Lagosians to our on-demand B2B delivery service. Among the 2000 verified customers are several large corporate…

African Energy Chamber
Source: African Energy Chamber |

African Energy Chamber Welcomes Appointment of New Nigerian Petroleum Minister

As a former Governor of the Bayelsa State, in the core Niger Delta region, H.E. Timipre Silva understands the core issues affecting Nigeria’s oil & gas sector

The African Energy Chamber (https://EnergyChamber.org) welcomes the appointment of Timipre Silva as new Minister of Petroleum in Nigeria. As a former Governor of the Bayelsa State, in the core Niger Delta region, H.E. Timipre Silva understands the core issues affecting Nigeria’s oil & gas sector, the call for better revenue…

African Energy Chamber
Source: African Energy Chamber |

African Energy Chamber to Conduct Working Visit in Beijing and Discuss Energy Deals with Chinese Investors

The visit aims at further introducing the Chamber to the Chinese market following a series of roadshows organized in China by the Chamber

To support growing energy cooperation and investment between China and Africa, the African Energy Chamber (https://EnergyChamber.org/) is organizing a working visit to Beijing next week. Led by Executive Chairman Nj Ayuk, the delegation from the Chamber will be meeting with CEOs and Chairmen from China’s state-owned energy companies and the…

African Energy Chamber
Source: African Energy Chamber |

New CNPC Discovery Confirms South Sudan’s Immense Oil Potential

While the country sits on over 3.5bn of proven oil reserves, the third largest in sub-Saharan Africa, 70% of its territory remains under-explored

In what has become a remarkable month for exploration in Africa, a CNPC-led consortium has made a 300 million barrels of recoverable oil discovery in South Sudan’s northeastern Upper Nile state. It is almost as much as the Oyo Discovery announced earlier this month in Congo. The exploration well was…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

African Liquefied Natural Gas (LNG) to attract $103 Billion in 2019

Nigeria, Egypt, South Africa, Mozambique, Senegal and Mauritania lead investment across supply and demand driven projects

Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves (http://bit.ly/2KKgTgQ) and is expected to contribute nearly 10 percent of global production growth through to 2024 (http://bit.ly/30murnZ). On the demand side, Africa’s large, urbanized and industrialized societies of the…

Dubai Chamber of Commerce & Industry
Source: Dubai Chamber of Commerce & Industry |

Prominent business leaders join Dubai Chamber’s Global Business Forum (GBF) Mentorship Programme

Announcement comes ahead of the 5th Global Business Forum on Africa, taking place on November 18th-19th 2019 in Dubai

Business leaders from the UAE and Africa to mentor high-potential startups as they build their businesses and target new market opportunities; announcement comes ahead of the 5th Global Business Forum on Africa, taking place on November 18th-19th 2019 in Dubai; first-of-its-kind mentorship programme aims to foster cross-border cooperation between UAE…

Centurion Law Group
Source: Centurion Law Group |

Between extortion and the sanctity of Petroleum contracts in Nigeria, DRC and Senegal (By NJ Ayuk, CEO of Centurion Law Group)

Investors need to know that their investments are safe and that they will be protected by the law in case the other parties falter on their obligations

By NJ Ayuk, CEO of Centurion Law Group Last week, a commercial court in the United Kingdom gave reason to a claim by engineering company Process and Industrial Developments Ltd (P&ID), which demands over USD$9 billion from the Nigerian government over a failed gas deal. The decision follows a 2017…

Embassy of the Republic of Belarus to the Arab Republic of Egypt
Source: Embassy of the Republic of Belarus to the Arab Republic of Egypt |

Ambassador of Belarus Sergei Rachkov met with Egyptian businessmen

The Ambassador of Belarus also got acquainted with a number of industrial, cultural and educational facilities of the city

On August 13-14, 2019 the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus Sergei Rachkov as a part of his visit to the so-called “Golden Triangle” in Al-Quseir met with the city leadership and representatives of mining companies. During the meetings prospects for the development of the region and…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Equatorial Guinea to build West Africa’s first Liquefied Natural Gas (LNG) storage and regas plant

The project forms part of Equatorial Guinea’s regional LNG2Africa initiative which seeks to drive gas monetization through in-country gas-to-power projects

Located at the Port of Akonikien, the landmark regasification plant will enable the storage, transportation and distribution of liquefied natural gas (LNG) to the country’s mainland; 12 bullet tanks will carry 14,000 cubic meters of storage capacity, supported by a truck loading station and 12-kilometers of ten-inch gas and diesel…

African Energy Chamber
Source: African Energy Chamber |

German Expertise is Behind West Africa’s First LNG Storage and Regasification Plant

The Akonikien plant will be receiving LNG and distribute it to various industries on the mainland, such as power and cement

German companies ESC Engineers and Noordtec worked closely with Equatoguinean contractor Elite Construcciones on the design, development and construction of the Akonikien LNG project in Equatorial Guinea. The 14,000 cubic metres storage and regasification plant was inaugurated this week by H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons,…