Initiative 3S in AFrica

South Korea keen to invest in several areas in Niger

South Korea is considering investing in multiple areas in Niger, chairman of the Asian country’s Private employers’ Council told President Mohamed Bazoum. Chey Tae won “Anthony” who also doubles as Chairman of SK Inc., a holding and IT services company headquartered in Seoul, met with the Nigerien leader in Paris. Both sides, according to the […]

Libya Expects Higher Oil Output despite Clashes in Tripoli

Libya’s oil production climbed to the highest since 2013 and can go even higher if security at the nation’s energy facilities can be improved, the chairman of the state-run National Oil Corp told Bloomberg. The statement comes as the country’s capital has sank in a spiral of violence opposing rival militias. Output reached recently 1.278 […]

Mauritania cancels Chinese patrol boats deal amid U.S. sanctions pressure

The Mauritanian Government cancelled a contract with a subsidiary of the Chinese state-owned conglomerate Poly Group for the sale of patrol boats, following mounting pressure from the United States, according to a report by Africa Intelligence. The subsidiary, Poly Technologies, has been sanctioned by the U.S. Treasury Department for its alleged support of Russia’s war […]