Minerals and other commodities sales have driven economic growth and inward investment in the Mano River Union (MRU) countries, as post-conflict Guinea, Liberia and Sierra Leone (and newer MRU member Côte d’Ivoire) have enjoyed the dividends of...
South Sudan’s oil production has fallen by about 25,000 b/d, or 15%, due to problems with well maintenance in the key producing state of Upper Nile, according to the latest sales and marketing data from the Ministry of Petroleum and Mines. The...
The National Energy Regulator of South Africa (Nersa) on 3 October announced that the Regulatory Clearing Account (RCA) balance of R7.82bn ($616m) that it approved on 30 July will be recouped by a one-off increase in the tariff in 2015-16. Nersa...
Ireland’s Mainstream Renewable Power announced an agreement on 15 September to purchase the 225MW Ayitepa wind farm project from Swiss developer NEK Umwelttechnik. Mainstream said the project was in the latter stages of development with all major...
Ghana has sought arbitration from the United Nations under the UN Convention on the Law of the Sea (Unclos) over the two countries’ maritime border. The border has never been formally demarcated and the discovery of oil has significantly raised...
President Xi Jingping’s call for China-Africa trade to exceed $400bn by 2020, with infrastructure investment a priority in driving that exponential increase, is a realistic target as ever more Chinese companies explore the continent’s markets....
The failure of the fourth licensing round in seven years to attract substantial interest from international oil companies (IOCs) presents the energy authorities with a quandary. They must either introduce reforms to commercial terms and operating...
UK ambassador to Saudi Arabia John Jenkins has completed his report on the Muslim Brotherhood, commissioned by the UK government in March, but its conclusions are uncomfortable for Number 10 and its Gulf allies, especially the UAE. A UK Foreign...
In the very early hours of 23 September, Gulf Arab nations joined the United States in a series of bombing raids on jihadist targets in Syria. The raids were intended as much to show regional accord as to inflict damage on the so-called Islamic...
Without much fanfare, the Qatar Financial Centre (QFC) has been gradually shifting its strategy, allowing local companies to set up special purpose vehicles (SPVs) and trying to attract more non-financial firms, in what appears to be a tacit...
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