United Nations Economic Commission for Africa (ECA)
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    • African Minerals Development Centre moves from Economic Commission for Africa (ECA) to African Union Commission
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Source: United Nations Economic Commission for Africa (ECA) |

African Minerals Development Centre moves from Economic Commission for Africa (ECA) to African Union Commission

The African Minerals Development Centre (AMDC) was endorsed by the 2nd conference of African Ministers responsible for Minerals Resource Development in 2011 as an African Union flagship project

The Economic Commission for Africa on Friday officially handed over the African Minerals Development Centre (AMDC) to the African Union Commission (AUC) following its inception in 2012. The AMDC was endorsed by the 2nd conference of African Ministers responsible for Minerals Resource Development in 2011 as an African Union flagship project…

Source: UK Department for International Trade |

UK using mining heritage to secure sustainable development in Africa

Department for International Trade (DIT) panel discussion at Africa's biggest mining conference, Mining Indaba, encourages a responsible approach to mining

On the 6 February 2019, visitors to the biggest mining conference in Africa, Mining Indaba, were invited to an industry dialogue between important figures in mining, agriculture, finance and government. This panel discussion, hosted by the UK’s Department for International Trade (DIT) aimed to: •  forge a holistic, responsible approach…

Source: Delegation of the European Union to Uganda |

EU applauds Uganda decision to join Extractive Industries Transparency Initiative

The decision taken by Uganda's Cabinet on January 28 and publicly announced by the Government of Uganda on January 29, is a very positive step towards improved public financial management and accountability of natural resources

The decision taken by Uganda's Cabinet on January 28 and publicly announced by the Government of Uganda on January 29, is a very positive step towards improved public financial management and accountability of natural resources.  The European Union Delegation to Uganda welcomes the Government of Uganda's decision to formally join…

Aiteo Group
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    • Founder, Aiteo Group, Benedict Peters
    • Chief Executive Officer of Foreign Investment Network, Michael Dragoyevich presenting the African Icon of the Year Award to Benedict Peters, represented by Mrs. SPB Jigo, Executive Director, Aiteo Group at the Honourary Patrons Dinner and Awards Gala of the Nigeria International Petroleum Summit
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Source: Aiteo Group |

Aiteo Founder, Benedict Peters Awarded Foreign Investment Network (FIN) 2018 African Icon of the Year

The Aiteo Group’s 20 year evolution through Africa’s Oil and Gas sector has been exemplary as well as revolutionary

International business leader and founder of Aiteo Group (www.AiteoGroup.com), Benedict Peters was awarded African Icon of the Year at the Foreign Investment Network (FIN) (www.ForeignInvestmentNetwork.com) and Federal Ministry of Petroleum Resources Honorary Patrons Dinner and Awards Night which held at the Nigeria International Petroleum Summit, Abuja on January 28, 2019. The…

Source: United Nations Mission in South Sudan (UNMISS) |

Invitation to attend demolition marking the destruction of one million explosive items by UNMAS

UNMAS, an integral component of UNMISS, works in coordination with the National Mine Action Authority, UNMISS and humanitarian mine action organisations

The United Nations Mine Action Service (UNMAS) will conduct the demolition of its one millionth explosive item on 30 January, at Jebel Lumuni, Blinyang Bare village, 15km south of Juba. UNMAS, an integral component of UNMISS, works in coordination with the National Mine Action Authority, UNMISS and humanitarian mine action organisations. Since…

Source: State House Uganda |

President urges Ugandans to cherish unity; launches UPE book

President Museveni advised Ugandans to be patriotic and think all the time about Uganda but not individual tribes

President Yoweri Museveni has strongly urged the people of Tororo District in particular and Uganda in general to cherish unity by embracing the first principle of NRM, which is patriotism. “It is not good to celebrate NRM Day without understanding NRM principles. NRM members of Tororo District you need to…

Source: The World Bank Group |

January 2019 Global Economic Prospects Materials

Key message for Africa is that regional growth is expected to accelerate to 3.4 percent in 2019

The January edition of the 2019 Global Economic Prospects (GEP) was released yesterday in Washington. Key message for Africa is that regional growth is expected to accelerate to 3.4 percent in 2019, predicated on diminished policy uncertainty and improved investment in large economies together with continued robust growth in non-resource…

Source: The Federal Council, Switzerland |

Federal Councillor Ignazio Cassis to visit three southern African countries in first visit to the continent

Federal Councillor Ignazio Cassis, Head of the Federal Department of Foreign Affairs (FDFA), will visit Zambia, Zimbabwe and South Africa next week during his first trip to Africa

The main goals of the trip are to strengthen economic and political relations with these three southern African countries, including by signing an agreement on air transport with Zambia, and to visit projects supported by the Swiss Agency for Development and Cooperation (SDC), particularly in the field of HIV/AIDS prevention…

Source: Africa Oil & Power conference |

Deep Petroleum Industry Reforms Set Angola on Path to Growth in 2019

Key measures include the formation of upstream and downstream taskforces, the privatization of some Sonangol subsidiaries, and the creation of a new regulator to manage concessions

Reforms span from changes in tax law to changes in concession contracts and the opening of marginal fields to African independents. Key measures include the formation of upstream and downstream taskforces, the privatization of some Sonangol subsidiaries, and the creation of a new regulator to manage concessions. The measures are already attracting…

Source: Africa Oil & Power conference |

Independent Oil Companies Turn Attention to Angola: 2019 Licensing Round, Marginal Fields Drive Explorers’ Interest

The Angola Oil & Gas conference will be 2019’s main promotional event for the licensing round and marginal fields

Angola’s licensing round will include a new focus on the development of marginal fields. The Angola Oil & Gas conference (https://AfricaOilandPower.com/event/Angola-Oil-Gas-2019/) will be 2019’s main promotional event for the licensing round and marginal fields. Licensing round and marginal field legislation indicate new strategic direction and opening of Angola’s oil and gas business.…