Monthly Archives: May 2017

What happened to transparency?

Dr. IbeKachikwu, the minister of state for petroleum resources

At the annual Nigerian jamboree to the Offshore Technology Conference (OTC) in Houston, Texas, Dr. IbeKachikwu, the minister of state for petroleum resources, told a “world press conference” on May 5, 2017 that Nigeria’s refineries would soon have new investors. He said 26 investors had indicated interest in the epileptic refineries. “By September, we will unveil the investors for the refineries,” the minister said smoothly, typically. “When we came onboard, the refineries were not working but as we speak, we have sizeable investment portfolio for them to an extent that we don’t know who to partner with for the investment.”

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South Africa’s first privately owned nanosatellite is set for release from the ISS into orbit

nSight1 is a nanosatellite designed and built in South Africa and is one of 28 nanosatellites from 23 different countries launched on 18 April 2017 from Cape Canaveral in Florida, USA. nSight1 was onboard a Cygnus cargo spacecraft, United Launch Alliance Atlas V rocket en route to the International Space Station (ISS). The next milestone is the orbit injection into low-Earth, between 200km and 400km, which is scheduled for 25 May 2017; subject to ISS operations.

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Horwath Erastus & Co Kenya builds value for clients using CaseWare

A pioneering East African audit and professional services firm is adding value to its services by automating processes and harnessing the cloud.

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THENERGY ANALYSIS: Solar-diesel and Wind-diesel Microgrids for Off-grid Mines Gain Momentum – New Projects Expected

Hybrid plant in Western Tanzania during construction – approved for media publication with source: Redavia GmbH

Two recent project announcements show that renewables are an attractive solution for improving mining companies’ energy cost positions.

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Webinar analyzes Chile’s plans to lower Concentrated Solar Power costs to US$ 50 per MWh

Chile has the best solar resources on Earth, making it an ideal spot for Concentrated Solar Power. Yet, the country remains highly dependent on fossil fuels, 90% of which must be imported. This situation leaves Chile dangerously exposed to oil and gas price fluctuations, and subject to the whims of energy rich neighbors, which are not always reliable.

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Wannacry: An Analysis of Competing Hypotheses

By Digital Shadows Analyst Team

On 12 May 2017, as the WannaCry ransomware spread across computer networks across the world, a variety of explanations also began to worm their way through the information security community. Who was responsible for the WannaCry campaign? And what was the objective? Ransomware suggested it was the work of cybercriminals, although, given the sheer scale of infections and disruption, some commentators suspected the hand of a nation state. Despite relentless analysis from the security research community that has brought fragments of new information to the fore, no consensus has yet been reached on an attribution for the campaign.

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Bioko Oil Terminal Project Attracts New Interest; Aims to Transform African Oil Industry

Equatorial Guinea’s Bioko Oil Terminal (BOT) project continues to gain important new partners as Nigeria’s Oranto Petroleum submits its interest in investing in the crude oil and petroleum products storage facility. The Ministry of Mines and Hydrocarbons of Equatorial Guinea believes the BOT project will be a “revolutionary” regional development, bringing new efficiencies to western Africa’s petroleum industry and positioning a world-class facility between the North Atlantic, West and Central African, and Asian markets.

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Irofit Technologies, Sokowatch & Vugapay win Innotribe’s 2017 Startup Challenge for Africa

Winning startups receive a 10,000 EUR cash prize each and will share their insights about FinTech innovation in Africa with the global financial community during Sibos

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Enjeux stratégiques et priorités 2017 du Directeur Financier en Afrique francophone :

Le Directeur Financier renforce son rôle de Business Partner au sein de l’entreprise

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Harnessing smart mobile security to drive innovation in financial services

South African consumers are becoming increasingly dependent on their mobile devices for daily banking activities. As such, there is pressure on financial service providers to adapt quickly to a mobile-first environment. Looming large among the challenges that these providers will face in transitioning to mobile is the issue of security, particularly given the growing sophistication of phishing attacks and fraud. But investing in a mobile security solution need not be a grudge purchase. The right security architecture can also be a powerful enabler – an important step towards differentiating your financial service brand.

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