Gas production in the Mauritanian Banda field may start in late 2014 or early 2015, it was announced in Nouakchott earlier this week. The construction of a gas pipeline for the Banda gas field, whose reserves are estimated at 500 billion cubic feet, may be entrusted to U.K.-based explorer Tullow Oil Plc (TLW). Construction works […]
Qatar-owned telecommunication giant Ooredo Group Thursday announced the appointment of a deputy CEO for its branch in Algeria one week after CEO Nickolai Beckers was expelled over large scale layoff allegations. Bassam Yousef Al Ibrahim, the Doha-based organization said in a statement, will take office from March 1st. […]
African diaspora is in need of urgent action to reduce the cost of remittances, an instrumental source of investment and a key factor in reducing poverty in the continent, said participants at an African meeting in Rabat. There are some 150 million Africans living outside the continent with remittances estimated at 100 billion dollars in […]
