Daily Archives: March 13, 2017

Aiteo will be Nigeria’s Largest Oil and Gas Company

Following Aieto’s acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29 barely a year ago, Aiteo has announced a peak production of 90kpod during the just ended 16th Oil and Gas (NOG) Conference held in the country’s capital Abuja. In 2015, Aiteo acquired OML 29 when Shell Petroleum Development Company fully exited the facility at an average production was 23Kbpod. According to the company, it has tripled this figure leveraging the diversity and skills of its work force and bona fides as a dynamic international energy conglomerate. Vice Chairman Benedict Peters mentioned that the company grew production from 23kbbl/d upon takeover of operations to a peak of 90Kbbl/d in one year. He also highlighted several existing and developing projects that could potentially grow Aiteo’s asset production to over 150 kbopd and 200mmscf/d. He said: “Our outlook is bright with 3 producing oil fields and viable crude exports via Bonny terminal. We also have contingent resources to appraise and prospective ones to explore in the medium-to-long term, including full 3D coverage and 2P NNS reserves at 1.6bn bbl. Put simply, we have a clear vision for the future with the experience and assets crucial to providing oil and gas consistently on a regional and global scale.” read more

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Liberated Africa: Pathways to Self-Transformational Development

In the period since independence in the 1950s, Africa has undergone profound social, cultural, economic and political changes. Some inherited and historically rootless colonialist political and social systems have collapsed, been transcended and reconstituted. Different political systems – single party rule, personal rule and military governments have come and gone. read more

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Zebra Study: Seven in Ten Retailers to Invest in IoT Technologies to Revolutionize Customer Experience

By 2021, smart technologies to provide shoppers with new levels of personalization, speed and convenience read more

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A Boost for African Innovation

BY MALAIKA KAMAU

Launch of a School for Design Thinking at the University of Cape Town introduces a new way of problem solving and solution finding for business and government. read more

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Former UNSG, Kofi Annan endorse Ghana’s effort to strengthen Agribusiness

Former UNSG, Kofi Annan has observed the new agricultural commitment of Ghana and has applied the new government on their quest to boost agriculture and through that, a means to create jobs and reduce unemployment among the youth. read more

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Seychelles Celebrate Commonwealth Day 2017

On a special day like this – Commonwealth Day 2017, where the Commonwealth society is celebrating its progress and impact, President Danny Faure sends a message to the Commonwealth Community. Today Seychelles joins its Commonwealth family in celebrating a unique bond of friendship and diversity offered by our association of 52 independent states. This bond is further exemplified by our common desire for peace, security and the betterment of the lives of all our peoples. This free association of states provides us with one key lesson, which is much can be achieved through peace, reconciliation and a common goal for a stable future. read more

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Dangote Salt, NAFDAC Collaborate To Sanitize Food Market

The management of Dangote Salt (www.Dangote.com) and the National Agency for Food and Drugs Administration and Control (NAFDAC) (www.NAFDAC.gov.ng) have expressed their readiness to collaborate and corroborate efforts to rid the food market of unwholesome practices by unscrupulous traders. read more

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GE’s Fuel-Flexible Power Plant Brings Vital Energy Boost to Ghana

  • GE to Provide 200MW Turnkey Power Plant with Consortium Partner to Amandi Energy Limited in Aboadze, Ghana;
  • Tri-Fuel 9E.04 Gas Turbines From GE to Add Equivalent Power Needed to Supply More Than 1 Million Ghanaian Homes;
  • New Plant Will Help Ghana Tackle Energy Deficit.

GE, (NYSE: GE) (www.GE.com) the world’s premier digital industrial company, today announced the order of a 200MW combined-cycle power plant to be operated by Amandi Energy Ltd in Aboadze, Ghana. The plant will help to add reliable and efficient capacity to the grid to tackle Ghana’s increasing demand for power. The plant’s construction will be overseen by Metka, a leading international engineering contractor. read more

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