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Growing international effort to support SAPP interconnections and other projects

There is a growing international effort to revitalise the Southern African Power Pool (SAPP) as a key element in getting cross-border projects with a big regional impact off the ground. The World Bank is preparing a project to facilitate...

North African upstream faces Mediterranean competition

The focus of upstream activity in the Mediterranean has shifted from the established hydrocarbons-rich zones of North Africa to the coast of the Levant and now increasingly to parts of the Adriatic, impelled both by violence and instability in...

Funds flow into Angola as infrastructure plans take shape

transition to middle-income status, writes Thalia Griffiths with François Misser New funds are flowing into Angola’s power sector as the country’s infrastructure planning reassures donors that the government is serious about development. Brazil...

Who’s who in the latest Saudi reshuffle

Prince Turki, the king’s son born in October 1971, had been deputy governor of Riyadh since February 2013. Before his appointment, he was commander of Squadron 92, 3rd air wing, at King Abdelaziz airbase in the eastern region, and led the Royal...

HBJ: The dealmaker returns

Following the late April deal by Sheikh Hamad Bin Jassim Al-Thani (HBJ)’s Al Mirqab Capital to buy Heritage Oil, the former premier and foreign minister is back in the news, this time in connection with a E1.75bn ($2.4bn) injection into Deutsche...

King Abdullah installs son as Riyadh governor, shakes up military

King Abdullah Bin Abdelaziz Al-Saud announced a major overhaul of Saudi Arabia’s defence structures on 14 May, in a series of royal orders that also saw his son, Prince Turki Bin Abdullah, moved to the key position of governor of Riyadh. At the...

Oman: Government official jailed for corruption

A senior Omani government official was jailed for three years on 18 May, the latest in a string of prosecutions in Muscat’s crackdown on corruption. Mohammed Bin Nasir Al-Khusaibi, who briefly served as commerce minister in 2011, pleaded guilty...

Iran: Tehran eyes up investment office in Dubai

Iran is exploring the option of setting up an inward investment office in Dubai to help funnel money into the Islamic Republic, if a deal can be done to resolve the stand-off over the country’s nuclear programme. The initiative involves...

Bahrain: Nasser Bin Hamad accused of torture

It recently emerged that Prince Nasser Bin Hamad Al-Khalifa is the subject of court proceedings in Britain that will determine whether he has sovereign immunity or should be investigated for his alleged role in the torture of three people in...

Zambia: Zesco corporate governance tender

Bids were due by 15 May for a European Development Fund-financed programme to improve the corporate governance of power utility Zesco. Zesco has obtained European Investment Bank funding for two projects – upgrading the existing 220kV Kafue-...

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