EG Ronda 2016 Moves to Singapore for 3rd Stage of Oil and Gas Licensing Round Promotion

Equatorial GuineaThe Equatorial Guinea Oil and Gas Licensing Round announces the next stage of its world tour. On September 20-23, Ministry of Mines and Hydrocarbons officials will visit Singapore to promote exploration opportunities to Asian and Australian investors.

The Equatorial Guinea oil and gas licensing round, EG Ronda 2016, will come to Singapore in September as the Ministry of Mines and Hydrocarbons pushes forward on promoting available blocks. The visit to Singapore will open opportunities for companies in South-East Asia and Australia to take part in the round. H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, said Singapore’s position as a leading energy center in South-East Asia makes it the ultimate venue for EG Ronda.

“We have considerable admiration for what Singapore has accomplished in becoming an important global energy hub,” said H.E the Minister. “It is a model for Equatorial Guinea’s long-term development and a reference point for oil and gas trading in South-East Asia. We look forward to having excellent discussions with organizations in the region.”

During the Singapore visit, the Minister will make a keynote presentation during the CWC LNG & Gas Series: 8th Asia Pacific Summit, to be held September 20-23 at the Grand Hyatt Hotel. The conference will bring together key stakeholders in the gas and LNG supply chain. Equatorial Guinea has a large portfolio of gas projects in operation or under development, including EG LNG and the pioneering Fortuna FLNG development which would be the first of its kind in Africa.

Tanya Crossick, Managing Director of CWC, stated: “CWC Group is delighted to welcome H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, at the 8th World LNG & Gas Series: Asia Pacific Summit. As an important supplier of gas, we look forward to stimulating discussion around new and existing gas supply from Equatorial Guinea and the opportunities that this brings to the global LNG & Gas sector.”

EG Ronda 2016 launched on June 6, 2016 at the Africa Oil & Power conference and will conclude on November 30, 2016. The MMH invites bids on all open acreage outside of blocks under direct negotiation.

Find out about the EG Ronda 2016 oil and gas llicensing round, including a bidding and events schedule, at Contact the licensing round team by email at
Posted in Equatorial Guinea, Events | Leave a comment

Business Women Who Broke the Mould

Posted in African News | Leave a comment

Social media and its influence on Travel inspiration

In the time of technology, social media has become a very influential travel inspiration in Africa and elsewhere. People are creating seamless travel motivation through sharing their travel experience. Purchasing a flight ticket, booking a hotel, car hire activity and all are increasingly taken up from recommendation through social media. Consumers are relying on valuable tips from various social media channels to plan, facilitate and share their travel experiences.

read more

Posted in ICT | Leave a comment

Why it’s the best time to invest in the Ethiopian Hotel Industry

While the Ethiopian economy continue to enjoy double digit growth, the hospitality sector is poised for further growth in the wake of increased number of inbound travelers into the country with expected opening of the AU Grand Hotel, Pullmann, Crowne Plaza,Wyndham Hotel Group, Crowne Plaza, Accor Group and Best Western.

read more

Posted in African News, Ethiopia News, Travel | Leave a comment

Somaliland: Can Banking Competition Enhance Somaliland’s Financial Inclusion?

The financial services sector in Somaliland is presently dominated by the remittance business, which offers such services as well as checking accounts. However, several banks have obtained licenses from the Somaliland Central Bank, under the Islamic Banking Act.

read more

Posted in African News, Mag, Somaliland | Leave a comment

Sport and Resistance: Lilesa’s Brave Stand for Freedom in Ethiopia

According to the late Nelson Mandela, the great South African anti-apartheid revolutionary who served as President of South Africa from 1994 to 1999, “Sport has the power to change the world.” It brings people together, offering unity and shared celebration. At the same time, however, sport frequently serves as an important outlet for social and political resistance. Specifically, for those suffering oppression, discrimination, and despair, sport is often so significant because it provides a vital means of retaining humanity, dignity, hope, and inspiration.

read more

Posted in African News, Eritrea News, Ethiopia News | Leave a comment

Ethiopia’s Next Great National Task

Ethiopia is a major contributor to peace and security in Africa, our ally in the fight against violent extremists, and has shown incredible generosity to those escaping violence and repression, admitting more refugees than any country in the world

read more

Posted in African News, Ethiopia News | Leave a comment

United States Concerned About Torture and Protection of Fundamental Freedoms in Mauritania

Mark C. Toner, Deputy Department Spokesperson

read more

Posted in African News, Mauritania | Leave a comment

Dr Moeti proposes Actions to address Fake Medical Products

Every day, fake medicines and medical products are sold at street corners, in open air markets or on unregulated websites in several countries in the African Region. These poor quality, unsafe medicines and products promote drug resistance and lead to loss of confidence in health professionals, pharmaceutical manufacturers and distributors and in health systems.

read more

Posted in African News, Republic of the Congo | Leave a comment

Le Dr Moeti propose des actions pour lutter contre les produits médicaux contrefaits

Adoption de la stratégie régionale sur la réglementation des produits contrefaits

read more

Posted in French, Republic of the Congo | Leave a comment

Opportune Time for Africa Oil & Gas Industry to consider Change

The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil & gas revenue. Despite the bleak landscape, the African continent still offers significant opportunities in the oil & gas sector. “It is an opportune time for local governments that want to attract oil & gas investors to reform their regulatory, fiscal and licensing systems,” says Chris Bredenhann, PwC Africa Oil & Gas Advisory Leader (

read more

Posted in African News, Algeria News, Egypt News, Libya News, Mag, Nigeria News | Leave a comment

IC Bank takes the lead in innovative disruption

Convenient Banking with IC Bank and WIZZIT1

Mobile banking innovator, WIZZIT International, recently collaborated with International Commercial Bank to launch the first ever mobile payment platform in Albania. The launch of Zing marks a critical turning point for the traditionally cash-rich nation and is surprisingly being adopted and implemented by one of Albania’s smallest banks.

read more

Posted in African News, ICT | Leave a comment

Expanding Your Business Start-Up with the Right Team

Over the past five years Africa has seen the rise of new brilliant young entrepreneurs while there has been a steady boom in start-ups within the continent. As this situation is characterized by the continuous unemployment rates in sub-Saharan Africa, not all entrepreneurs and their start-ups have been successful.  There have several moments where young African and even existing business men will say “It’s not easy doing business in Africa” while others will emphasize on their operational challenges as a start-up.

read more

Posted in African News, Events, GITEX, ICT | Leave a comment

What is the impact of the drop in commodities prices on the market?

An Interview with Lars Christensen, Founder & Owner – Markets and Money Advisory

read more

Posted in African News, Interview | Leave a comment

Ten Years on, the Survivors of Illegal Toxic Waste dumping in Côte d’Ivoire remain in the Dark

Speaking ahead of the 10th anniversary of the illegal dumping of toxic waste in Côte d’Ivoire, a group of United Nations experts* urge the Ivorian Government, all responsible States and the international community to take this opportunity to address the ongoing human rights impacts of the incident.

read more

Posted in African News, Republic of Côte d'Ivoire (Ivory Coast) | Leave a comment

New high value payments systems task force is a key enabler of ISO 20022 harmonisation

SWIFT, along with major global banks and market infrastructures, has formed HVPS+ – an ISO 20022 market practice task force that will address evolving market needs in the high value payments systems space 

read more

Posted in African News | Leave a comment

Prefabricated or ISO container – which way for ultimate data centre flexibility?

By Jos Baart, Vice President Sales & Marketing, Flexenclosure

read more

Posted in Angola News, ICT, Republic of Côte d'Ivoire (Ivory Coast) | Leave a comment