Africa Finance Corporation (AFC) acquires inaugural US$300 million facility from Export-Import Bank of China

2018/11/10 – Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure development finance institution in Africa, announces its successful acquisition of a loan facility from the Export-Import Bank of China (“CEXIM”) of a US$200m 5-year loan and a US$100m 5-year stand-by facility for general corporate purpose.  Continuer à lire … « Africa Finance Corporation (AFC) acquires inaugural US$300 million facility from Export-Import Bank of China »

Libya, UAE to cooperate in oil sector

2018/11/10 – The Libyan National Oil Corporation (NOC) chairman Mustafa Sanallah met with His Excellency Dr Sultan Ahmed Al Jaber, United Arab Emirates Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC) in London yesterday. The two parties discussed mutual cooperation and the international community’s approach to Libya, including the protection of legitimate institutions, such as NOC, in accordance with the rule of law. Continuer à lire … « Libya, UAE to cooperate in oil sector »

Libya – Italian and British oil firms Eni & BP agree with NOC to resume exploration

2018/08/10 – Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya.

A letter of intent (LOI) was signed in London by National Oil Corporation chairman Eng. Mustafa Sanalla, BP group chief executive Bob Dudley and Eni chief executive officer Claudio Descalzi. Continuer à lire … « Libya – Italian and British oil firms Eni & BP agree with NOC to resume exploration »

Mali approves Randgold’s Morila mine to agribusiness conversion

2018/08/10 -Diversified miner Randgold Resources’ Morila gold mine’s ambitious agribusiness project has been approved by the Malian government.

The project is designed to replace mining with a sustainable economic activity in the local community after the operation’s closure in two years’ time. Continuer à lire … « Mali approves Randgold’s Morila mine to agribusiness conversion »

Japan/Africa – Africa aid should factor debt sustainability, Japan says

2018/08/10 – Japan will focus on high-quality infrastructure investment in its aid to Africa, the country’s foreign minister said Saturday, seeking to build its profile on the continent while distinguishing itself from China, whose massive contributions have stirred fears of debt traps. Continuer à lire … « Japan/Africa – Africa aid should factor debt sustainability, Japan says »

Nigeria interested in cooperation with Belarus in mechanical engineering

2018/08/10 – Nigeria is interested in cooperation with Belarus in the area of mechanical engineering, BelTA learned from Desmond Nwosu, First Secretary of the Embassy of Nigeria in Russia with concurrent accreditation to Belarus, on 21 September.  Continuer à lire … « Nigeria interested in cooperation with Belarus in mechanical engineering »

UK/Africa – Our special relationship with Nigeria is a model for UK-Africa relations (Opinion)

2018/08/10 – As heads of state, diplomats and political advisers from around the world converge on New York for the United Nations General Assembly, we are reminded of the challenges facing UK foreign policy. New alliances and new partnerships are a necessity. Neglected allies, most notably the countries of the Commonwealth with whom we have a shared history, language, and culture are an obvious place to start. Continuer à lire … « UK/Africa – Our special relationship with Nigeria is a model for UK-Africa relations (Opinion) »