Source: Year of Energy |

Equatorial Guinea Pushes Growth and Diversification via Year of Energy Initiative, Eyes Tourism and Services Expansion

In April Equatorial Guinea will welcome new oil and gas operators, aims to reach financial close on major gas infrastructure and continues 2019 licensing round

At III Oil & Gas Meeting Day, Minister of Mines and Hydrocarbons promotes Year of Energy 2019 (www.YearofEnergy2019.com) events, including APPO CAPE VII Congress on April 2-5; Minister emphasizes that Equatorial Guinea aims to diversify its economy into services and tourism, calls for investment and exchange of experience; In April…

Source: United Nations Economic Commission for Africa (ECA) |

Experts tease out kingpin role of digitization for Africa’s revenue harvest

The experts mainly evoked questions of speed and productivity, governance, timeliness and cybersecurity associated with digitizing fiscal regimes

Digitization has been variously described as pivotal in ramping-up revenue collection for financing Africa’s development. This convergence of views characterized discussions at one of the plenary debates of the 38th meeting of the Committee of Experts of the ECA Conference of African Ministers of Finance, Planning and Economic Development, taking place in Marrakech,…

Canon
Source: Canon |

Canon Saudi Arabia inaugurates its offices and business solutions showrooms in the Kingdom

Canon Saudi Arabia’s direct presence to support growing demand for business solutions that enhance economic diversification and competitiveness

Canon Saudi Arabia, a subsidiary of Canon Middle East (CME) (https://bit.ly/2CrQy2s), officially opens its first office and business solutions showroom in Riyadh, Kingdom of Saudi Arabia (KSA). The company was formed in partnership with Ali Zaid Al Quraishi & Brothers (AZAQ) in June 2018, and with two additional offices and…

United Nations Economic Commission for Africa (ECA)
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Source: United Nations Economic Commission for Africa (ECA) |

African countries can do better with improved fiscal policy, says Songwe

A typical economy on the continent, she said, collects just about 16 percent of GDP in taxes, with the exception of countries like Morocco which collect at least 25 percent

The 38th meeting of the Committee of Experts of the Conference of African Ministers of Finance, Planning and Economic Development opened in Marrakesh, Morocco, Wednesday with a clarion call for African countries to improve their fiscal policy and expand their tax base so they can ably fund their developmental processes. In…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Executive Board Completes the Last Review of Extended Credit Facility for Ghana

This will make available to Ghana the cumulative amount of SDR132.84 million (about US$185.2 million)

Ghana is concluding its four-year ECF-supported program; Executive Board decision allows to disburse the last tranche of SDR132.84 million (about US$185.2 million) to Ghana; ECF-supported program paved the way for a significant improvement of Ghana’s macroeconomic performance, though challenges remain. On March 20, 2019, the Executive Board of the International…

Source: The United Nations Framework Convention on Climate Change (UNFCCC) |

Africa Climate Week Signals Continent’s Huge Investment Opportunity

The event takes place in the shadows of Cyclone Idai, which has hit Mozambique, Zimbabwe, and Malawi, affecting more than 2 million people

Africa Climate Week in Accra, Ghana, got firmly underway this morning with the commencement of the high-level segment at the capital’s Convention Center. Speaking at the Opening Ceremony — President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo; Minister of Environment, Science, Technology and Innovation; Prof. Kwabena Frimpong-Boateng; Mayor…

UN Information Centre in Cairo
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Source: UN Information Centre in Cairo |

FAO and Ministry of Agriculture Formulating Future Scenarios 2050 of Livestock Production Systems

The objectives of the workshop were to formulate with the participants different future scenarios towards 2050

The Food and Agriculture Organization of the United Nations (FAO) in collaboration with Ministry of Agriculture and Land Reclamation (MoALR) conducted a three-day technical workshop to formulate livestock development scenarios 2050 in Egypt under the Africa Sustainable Livestock 2050 (ASL 2050) project, funded by The United States Agency for International Development (USAID).…

South Sudan Ministry of Petroleum
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    • H.E. Ezekiel Gatkuoth, Minster of Petroleum of South Sudan
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Source: South Sudan Ministry of Petroleum |

South Sudan’s Ministry of Petroleum Encourages Refiners and Traders to Take Part in Upcoming Crude Tenders

The minister also said that South Sudan would sell its crude via a competitive and transparent tender process for spot and term buyers

South Sudan’s Minister of Petroleum Ambassador Ezekiel Lol Gatkuoth today announced that the government was inviting more refiners and traders to take part in its upcoming competitive tenders for government-owned crude cargoes. “Due to efforts by the government, under the leadership of H.E President Salva Kiir to increase current production…

Ecobank
Source: Ecobank |

Ecobank Academy and International Federation of Red Cross and Red Crescent Societies (IFRC) join hands in an effort to boost effective and sustainable leadership capabilities

The aim of the course is ‘Building African National Society leadership to be proud of’

Ecobank (www.Ecobank.com) is proud to announce that its prestigious Ecobank Academy will be training 150 senior leaders of the International Federation of Red Cross and Red Crescent Societies (IFRC) from 45 African countries this week to strengthen their leadership skills with regard to helping the communities they serve. The IFRC…

Source: African Energy Chamber |

While leading Oil Industry Working Visit to Nigeria, NJ Ayuk calls for industry collaboration on local content development and improved governance

Nigeria is Africa’s biggest oil producer with a massive investment potential in oil

Centurion CEO and Executive Chairman of the African Energy Chamber (EnergyChamber.org), NJ Ayuk, is leading an industry delegation to Nigeria this week to meet various oil industry players. On landing in Lagos, he called for more industry collaboration on key issues pertaining to Nigeria’s oil & gas industry, including local…