Djibouti inks $1bn deal with Hong Kong company to build rocket launch site

Djibouti has inked a preliminary technological cooperation agreement with Chinese multinational Hong Kong Aerospace Technology to build a $1bn satellite and rocket launch site which could see the launch of the first Africa-made satellite from the African continent. The deal with the Hong Kong-based company, which was signed by Djibouti’s President Ismail Omar Guelleh, includes […]

Tanzania inks port management deal with UAE DP World, opposition criticizes the decision

Tanzania’s government has signed a 30-year port management agreement with Dubai-based logistics firm DP World, hoping the deal would boost exchanges with landlocked neighboring countries and reduce unloading times at the country’s largest port. The Dar es Salaam port in Tanzania will soon be modernized amid a 30-year concession agreement with the Emirati logistics giant […]

Sound Energy Starts Drilling TE-10 Well in Eastern Morocco

Sound Energy, the Moroccan focused upstream gas company, has confirmed that the drilling at TE-10, the second well of a planned three exploration well campaign in Eastern Morocco, has started. The TE-10 well will test the North East Lakbir prospect in the Company’s Greater Tendrara permit and is located approximately 25 km to the northeast […]