Catégorie : Economics

Russia offered technical assistance in situation around Renaissance Dam

08/07/2020 – The dam is supposed to become the largest in Africa, consisting of 15 radial-axis hydraulic units.

Russia has offered its technical assistance to the countries involved in the dispute over Ethiopia’s construction of the Renaissance Dam on the Blue Nile River, Foreign Minister Sergei Lavrov said on Wednesday. He was speaking after talks with the foreign ministers of the troika of the African Union (Democratic Republic of the Congo, Egypt, South Africa) that were held in a video format. »We offered the participants of the conflict our assistance, in particular technical assistance. There are things that can be useful. They know about it, » Lavrov said. Continuer à lire … « Russia offered technical assistance in situation around Renaissance Dam »

Endeavour permitted to mine extended area around Houndé mine

08/07/2020 – SX-listed Endeavour Mining has been granted a mining permit extension by the Burkina Faso government, covering the full Kari Area at its Houndé gold mine.

The Kari area hosts the Kari Gap, Kari South, Kari Pump, Kari Center and Kari West discoveries. Continuer à lire … « Endeavour permitted to mine extended area around Houndé mine »

Saudi Arabia among largest donors of Sudan with $1.2 billion

18/01/2020 – Dr. Abdullah Al-Rabeeah, advisor at the Royal Court and supervisor general of King Salman Humanitarian Aid and Relief Center (KSRelief), said that Saudi Arabia has been, and still is, one of the most significant donor countries of Sudan, and has so far provided Sudan with more than $1.2 billion. Continuer à lire … « Saudi Arabia among largest donors of Sudan with $1.2 billion »

Turkey, Libya may contract international firms to search for hydrocarbons in eastern Med

05/01/2020 – Turkey and Libya could work with international companies to search for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Sunday, following a deal between Ankara and the Tripoli-based government on maritime borders.In November, Libya’s internationally recognized government in Tripoli and Turkey clinched a deal on drilling for natural gas, in a step Ankara said aimed to defend its rights in the region.

REUTERS

Sahel-Elite (Bamako-Mali)

Nigeria warns Togo and Niger of power cuts

03/01/2020 – Nigeria has threatened to cut electricity supply to neighbours Togo and Niger over a $16 million debt as the country’s power utilities grapple with capital deficits.

The Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Mohammed, said that supply to the two countries had already been restricted. Continuer à lire … « Nigeria warns Togo and Niger of power cuts »

Council of Saudi Chambers to Organize Saudi-Mauritanian Business Meeting Next Sunday

02/01/2020- The Council of Saudi Chambers will organize the Saudi-Mauritanian Business Meeting which will be attended by Chairman of the Council of Saudi Chambers Dr. Sami bin Abdullah Al-Obeidi and President of the Mauritanian National Employers’ Union Mohamed Zain El-Abidine.
The meeting will address investment opportunities available in Mauritania.

SPA

Sahe-Elite (Bamako-Mali)

Algerian-Libyan Economic Forum to be held in Algiers from 12-14 January 2020

29/12/2019 – The Algerian-Libyan Economic Forum will be held in the country’s capital Algiers from 12-14 January 2020.

Tripoli Chamber of Commerce reports that the event will address Algerian-Libyan cooperation in all economic fields and consolidate joint action and overcome all difficulties in economic cooperation between the two countries. Continuer à lire … « Algerian-Libyan Economic Forum to be held in Algiers from 12-14 January 2020 »

Turkey-Libya deal likely to sharpen maritime disagreements

21/12/2019 – The maritime agreement Turkey signed with Libya last month has ratcheted up tensions in the Eastern Mediterranean, yet analysts say it is non-binding and mainly intended to improve Turkey’s negotiating position in the chase for the area’s natural resources. Continuer à lire … « Turkey-Libya deal likely to sharpen maritime disagreements »

We Should Exempt Africa from the UK-Russia Geopolitical Confrontation

Their differences notwithstanding, the UK and Russia could cooperate in Africa.

Today, neither Russia nor the UK can claim a leadership role in Africa. London reached the peak of its influence there between the First and Second World Wars, when the British Empire had a large part of the continent under its direct control. Moscow’s heydays in Africa were the 1960s and 1970s, when the Soviet Union was the main overseas supporter of the continent’s national liberation movements. The odds are that in the 21st century, the destinies of African countries will depend more on the logic of the emerging global competition between the US and China than on any decisions taken in the Kremlin or Downing Street. Continuer à lire … « We Should Exempt Africa from the UK-Russia Geopolitical Confrontation »

Over 500 Agreements Worth $12 Billion Inked at Russia-Africa Forum

18/11/2019 – The first ever Russia-Africa economic forum, which kicked off on Wednesday, has resulted in hundreds of deals and agreements, Russian Presidential Adviser Anton Kobyakov said. Continuer à lire … « Over 500 Agreements Worth $12 Billion Inked at Russia-Africa Forum »