Daily Archives: July 4, 2017

BOST to go Free after Trade of Contaminated Fuel in Ghana

The trade of contaminated oil by Ghana’s Bulk Oil Storage and Transportation Limited (BOST) has gone through several proceedings by the general public and formal investigation units in Ghana to help clarify and deduce any illegal or crime associated with the sale of 5 million litres of contaminated fuel to Movenpiina Company Limited. The state’s Bureau of National Investigations (BNI), after investigation, has cleared the case and concluded that there was no offense in the trade. Despite this announcement, the minority in parliament has described the decision as a seed of corruption on the path of the BNI.
According to the BNI, A lab test of the contaminated fuel from the Tema Oil Refinery indicated that out of the options available, selling the product for industrial purposes such as asphalt processing, texture and cement manufacturing was the best. This option was recommended to the MD because TOR is not refining currently and the laboratory result clearly stated that treating it would not give the required quality of AGO (Diesel).
Public Response:
An advocacy group has also released a paper as a response to the BNI in a quest to seek a more just response on the BOST contaminated fuel trade and also calling on the current government to act on the issue. read more

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Insecurity, economic crisis, abuse and exploitation in Libya push refugees and migrants to Europe, new study reveals

The study examined the changing dynamics and protection challenges affecting mixed migration flows to and within Libya and the evolution of migration trends, smuggling networks and routes read more

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Collaboration – fostering innovation on the factory floor

 Digital transformation is impacting everything around us, but can it really change the manufacturing industry? Can collaborative software really help innovate working practices? We believe it can. read more

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Petya-like wormable malware: The “Who” and the “Why”

Late on 27 June, the New York Times reported that a number of Ukrainian banks and Ukrenergo, the Ukrainian state power distributor, had been affected by unidentified malware which caused significant operational disruption. Multiple security vendors and independent researchers subsequently identified the malware as a wormable ransomware variant with functional and technical similarities to Petya. Based on these similarities and continuing confusion, the malware has been dubbed Nyetya, Petna, ExPetr, and NotPetya, among others. It has been linked with a large number of infections, a significant proportion of which (around 60% according to statistics published by Kaspersky) affected machines in Ukraine, though at the time of writing the overall number of infections is not known. read more

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Webinar covers the Tunisia renewable energy framework

The webinar, taking place online on Wednesday, July 5th 2017 at 2pm Dubai time will analyze the Tunisia renewable energy framework. Places are free but limited and offered on a first come first served basis. Places can be reserved at http://bit.ly/2tifBC0 read more

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SA small business to grow through funding, market exposure

South African SMEs stand a chance of securing funding, market exposure and new partnerships through the annual Eskom Business Investment Competition (BIC) and the Small Business Expo 2017. read more

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Why Uganda is the next energy investment destination

Future Energy Uganda investment forum launches in Kampala in September

Uganda’s immense power potential and enormous energy investment opportunities will be in focus when stakeholders and decision makers meet for a strategic two-day conference and showcase during the inaugural Future Energy Uganda in Kampala from 12-13 September 2017.

“The numbers in Uganda’s energy sector speak for themselves: the country is without a doubt the next energy investment destination,” says Future Energy Uganda event director Le-ann Hare-Keymer. read more

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Digital innovation driving growth and competition in DRC mining sector

Satellite to play leading role in mining sector growth   read more

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USAID Study Examines Impact of Trade-Related Fees and Charges in Ghana

The study details how official and unofficial fees and charges associated with trade impact Ghana’s trade volume, government revenues, and private sector viability read more

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Nigerian Mining Springs Opportunities for Foreign Investors

Commercial quality mineral resources abound in Nigeria but that’s not the issue here. While it’s true Nigeria has been blessed with grand quantities of gold, diamonds, iron ore, a variety of gemstones and lead, among others, find the technical expertise and financial savvy to take advantage of the resources has long plagued the region. read more

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