Indian solar firm picks Kenya as Africa hub

02 February 2015, Nairobi - ORB Energy, an Indian-based solar power firm plans to expand its local distribution after securing a Sh183.1 million ($2 million) equity investment from Netherlands Development Finance Company. Orb, which entered Kenya early 2014 with a branch in lakeside city of Kisumu, targets 50 more distribution centres over the next two […] More »

Harnessing the sun to power a Malawian island

01 February 2015 - PhD student Collen Zalengera is from a poor rural community on Likoma Island in Lake Malawi. He is the first member of his family to be educated to secondary level. In this film, he speaks about the problems he encountered in trying to conduct his research in Malawi, talks about the […] More »

Africa panel on illicit financial flows, Oxfam reacts

01 February 2015, Sweetcrude, Lagos - On the publication of the final report from the T. Mbeki High Level Panel on Illicit Financial Flows, Oxfam South Africa Executive Director Sipho Mthathi said: “The Mbeki Panel reconfirms that billions of funds are flowing out of Africa. Its findings should strengthen calls to tackle lax trade regulation, […] More »

NIDF to pay N25m coupons to note holders

01 February 2015, Lagos - The Nigerian International Debt Fund, NIDF, a Nigerian Stock Exchange, NSE, listed mutual fund plans to pay a minimum of N40.00 per note holder as final coupon to investors for the year ending December 31, 2014. A total of N25.2 million will be distributed amongst note holders on the register […] More »

Govt commissions N60bn steel mill in Sagamu

01 February 2015, Lagos - The Federal Government yesterday commissioned a N60billion integrated steel mill in Shagamu, Ogun State as part of productive activities thrown up by the sectorial implementation of the Nigerian Industrial Revolution Plan. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who commissioned the mill, built by the Standard Metallurgical […] More »

FLNG evolution: Perspectives on Nigeria

Chijioke K. Mama 02 February 2015, Sweetcrude, Lagos - In August 2013, the Nigerian National Petroleum Corporation (NNPC) said it was in talks with several companies for the possible utilization of Floating Liquefied Natural Gas (FLNG) technology to access Nigeria’s enormous stranded offshore gases. That was a good initiative. Reports have increasingly suggested that Nigeria […] More »

Qatalum opens registration for GULFCAST conference

*Speakers to discuss developments of the aluminium industry 02 February 2015, Sweetcrude, Doha - The State of Qatar is making preparations to host the first Gulf Aluminium Casthouse Conference “GulfCast”, a three-day event dedicated to highlighting successive and continuous developments of the aluminium industry; centred upon casthouse operations and with distinguished international guest speakers, the […] More »