Sunday, November 24African Digital Business Magazine

Tag: natural gas

Energy, Green Energy, Senegal News

A Just Energy Transition as advocated by President Macky Sall, will benefit Senegal’s economy, and create jobs for its young people

African oil- and gas-producing countries have been facing increasing pressure this year to abandon oil and gas activities and begin relying instead on green energy sources like wind, solar, and hydrogen to help prevent climate change. Many of these African countries are pushing back, however, and rejecting the notion that their energy transitions should follow the same pattern as Western ones. In Senegal, where the development of oil and gas fields has put the country on the precipice of tremendous economic growth, Minister of Petroleum and Energy Aissatou Sophie Gladima has pushed and worked for a tempered and balanced approach to protecting the environment, one that considers the pressing needs of Senegalese people and businesses and the African Energy Chamber believes it is a step in t...
African News, Energy, Events, Ghana News

Ghana Emphasizes the Value of an Enabling Environment and the Role of Natural Gas at African Energy Week 2021 Pavilion

Hosted at African Energy Week 2021, the Ghana pavilion will drive a discussion on the value of Liquified Natural Gas as a power generation solution. The African Energy Chamber (AEC) is proud to announce that Ghana will be hosting a pavilion at African Energy Week (AEW) 2021 taking place in Cape Town on the 9th-12th of November 2021. Led by Hon. Dr. Matthew Opoku Prempeh, Ghana’s Minister of Energy, as well as a delegation of industry leaders including Dr. K. K. Sarpong, CEO of the Ghana National Petroleum Corporation, the pavilion represents a new exhibition format that emphasizes specific market opportunities and will showcase Ghana’s existing energy developments, upcoming projects, and lucrative investment opportunities. Specifically, Ghana’s pavilion will highlight the value of Liquifi...
Energy, Green Energy, South Africa News

Net Zero? Not for Africa. Not Yet. Africa Must Fight Energy Poverty with Oil and Gas Development

By NJ Ayuk, Executive Chairman, African Energy Chamber On May 18, 2021, the International Energy Agency (IEA) released “Net Zero by 2050: A Roadmap for the Global Energy Sector,” which outlines plans for the global energy sector to reach “net zero” greenhouse gas emissions by 2050. Achieving net zero emissions means the amount of greenhouse gases being emitted into the atmosphere would equal the amount being removed. Achieving this balance, the IEA maintains, would require more than aggressive carbon-capture measures: It would call for a swift and immediate shift from petroleum energy sources to energy provided through naturally replenished sources like wind, water, and solar power. From an environmental standpoint, this is a great concept. But we live in reality. And today, in real-world...
Africa Travel, African News, Nigeria News

Carlson Rezidor announces the Radisson Blu Hotel, Port Harcourt, Nigeria

The Carlson Rezidor Hotel Group – born in early 2012 – is one of the world’s largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels, a global footprint spanning 80 countries, a powerful set of global brands (Radisson Blu, Radisson®, Country Inns & Suites by CarlsonSM, Park Inn by Radisson, Hotel Missoni and Park Plaza®). In most of the group’s hotels, guests can benefit from the loyalty program Club Carlson, one of the most rewarding loyalty programs in the world. The Carlson Rezidor Hotel Group and its brands employ more than 80,000 people. The Carlson Rezidor Hotel Group is headquartered in Minneapolis, USA, and Brussels, Belgium. http://www.carlsonrezidor.com; http://www.rezidor.com   The Carlson Rezidor H...
African News

VAALCO Energy Provides Update on Mutamba Iroru Block Onshore Gabon

HOUSTON, Nov. 8, 2012 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) today announced that the N'Gongui 2 exploration well being drilled onshore Gabon in the Mutamba Iroru concession has encountered hydrocarbons in the objective Gamba sandstone section. (Logo: http://photos.prnewswire.com/prnh/20100316/NY71495LOGO ) Robert Gerry, Chairman and CEO, commented: "With our partner, Total Gabon, we have elected to drill this well as a "tight hole" and therefore specifics of the operation will not be released until a later date. Suffice to say that VAALCO is excited about the results as the reservoir encountered is the same oil bearing sandstone that produces so prolifically from our offshore fields in Gabon. We are presently conducting additional operations to ascertain the size o...
African News

Air Products Supplying ASUs for Copper Smelter Project in Zambia

LEHIGH VALLEY, Pa., Nov. 6, 2012 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has been awarded the contract to supply two oxygen plants at the site of a copper smelter being built in Zambia by Kansanshi Mining Plc.  The scope of the agreement includes Air Products supply of two 750 metric ton per day oxygen plants, and all air separation unit (ASU) related equipment and design. The construction of the facility will be undertaken by Kansanshi Mining Plc, with cooperation from Air Products.  The ASUs are planned to be onstream in 2014. Air Products has oxygen plants operating at other copper mines also located in Zambia and the local expertise and work at those facilities was of benefit in winning this contract.  "The basis for the design of this new plant for K...
African News, Equatorial Guinea

American Businessman Talks About Investment In Equatorial Guinea

More than 25,000 Americans Work in Equatorial Guinea Today MALABO, Equatorial Guinea, Nov., 2012 /PRNewswire-USNewswire/ — Investing in Equatorial Guinea is a flexible and friendly process, according to American businessman John James. In a recent interview with Focus Washington, John James, founder and chairman of JD James & Company, an advisory firm serving governments, government sponsored enterprises and the global private sector in West and Central Africa, said that Equatorial Guinea offers more flexibility to establish a business than other African countries because the government has deeply focused on the country’s development. James has lived and worked in Africa for more than ten years. James said that Equatorial Guinea is one of the most dynamic stories in Afric...
African News, Equatorial Guinea

Equatorial Guinea Gives US$30 Million To FAO For Food Aid In Africa

  Equatorial Guinea Gives US$30 Million To FAO For Food Aid In Africa Equatorial Guinea joins the fight to end hunger in Africa MALABO, Equatorial Guinea , Oct. 12, 2012 /PRNewswire-USNewswire/ -- Equatorial Guinea has offered US$30 million to the Food and Agriculture Organization of the United Nations (FAO) to assist African countries with food shortages and improve food security across the continent. The donation comes after a meeting between the President of Equatorial Guineaand Jose Graziano Da Silva , Director-General of the United Nations Food and Agriculture Organization at the 67th United Nations General Assembly in September. "We believe that with this contribution, the FAO will advance plans to end hunger in Africa ," said President Obiang Nguema Mbasogo. The remarks wer...
African News, Equatorial Guinea

Equatorial Guinea Airline Inaugurates Service To Europe

  Ceiba Intercontinental Adds Malabo – Madrid Route MALABO, Equatorial Guinea, Oct., 2012 /PRNewswire-USNewswire/ -- Equatorial Guinea's national airline, Ceiba Intercontinental, made its historic first intercontinental flight on October 4 from Malabo, Equatorial Guinea, to Madrid. Ceiba will service the route with a newly acquired Boeing 777 aircraft. The Ministry of Civil Aviation of Equatorial Guinea purchased the aircraft as the first step in the government's efforts to meet the growing demand for air service to the country and support its growing economy. "Flying to Madrid from Malabo, on board an aircraft of this type and owned by Equatorial Guinea, is a dream come true," said Fausto Abeso Fuma, Delegate Minister of Aviation. Upon his arrival in Spain on the inaugural fligh...
African News, South Africa News

SA’s National Development Plan promises greatness

  By Thandisizwe Mgudlwa SOUTH AFRICA's revised National Development Plan (NDP) could be the foundation for a new age of co-operation between business and government, a leading business organisation believes. It is the Cape Chamber of Commerce and Industry which has welcomed the NDP as a progressive step for the prosperity of South Africa. Michael Bagraim, President of the Chamber said: “We think the priorities are right and we are confident that there will be broad support from business as the plan is implemented.” He said the Chamber agreed with the recommended approach to education which was designed to improve the management of schools and reward those schools which produced significant improvement in their results. “This has to be the starting point for the future ...