The preliminary construction works on the 2 400MW Batoka Gorge hydroelectric dam developed by the government of Zambia in collaboration with that of Zimbabwe has begun in preparation for the full implementation of the mega electricity generation scheme. This was revealed by Dr. Gloria Magombo, the permanent secretary of the Ministry of energy and Power Development in Zimbabwe who also co-chairs the Zambezi River Authority (ZRA) board with her Zambian counterpart, Mr. Trevor Kaunda.
Privately held international oil company Perenco SA has entered into an agreement with TOTAL Gabon SA, a 58%-owned affiliate of French energy major TOTAL SA, to acquire a portfolio of non-operated interests in seven mature oil fields, offshore Gabon.
For unclear reasons, the government of Gabon has just ended the merger project, underway since 2019, between Sogara and Gabon oil company (GOC). The objective of this merger was to save Sogara, the country’s only refinery.
Africa is losing nearly $89bn a year in illicit financial flows such as tax evasion and theft, amounting to more than it receives in development aid, a new UN study shows.
The timetable is one of many provisional arrangements from the second joint Ghana-Togo Maritime Boundary Delimitation Meeting held in the Togolese capital, Lome, last week….
Shortly after Trump reimposed nuclear sanctions on Tehran on November 5, the international financial messaging system SWIFT announced the suspension of several Iranian banks from…
Gold has been a dud of an investment for much of the year, but it has started to regain some of its luster. The price…
The copper and cobalt producer said levels of the radioactive metal exceeded the acceptable limit allowed for export through major African ports. The suspension is…
