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Issue 191 - 24 July 2010

Cable start-up boosts telecoms

Subscriber

The Main One submarine cable to West Africa started operations at the beginning of July, improving regional internet and telephone communications.

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A big new loan for a Nigerian gas project underlines growing interest from private investors in the country’s potential, writes Kevin Godier. Two Nigerian banks have extended a landmark $60m project finance facility to part- finance the construction of a gas pipeline, central processing facility and associated infrastructure in Akwa Ibom state.

Nigeria
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Pressure from Democratic Party Senator Frank Lautenberg and other congressmen on Secretary of State Hillary Clinton to open an investigation into BP 's role in lobbying for the release of the convicted Lockerbie bomber Abdelbaset Al-Megrahi has added

Libya
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A pattern is emerging in the way big resources contracts are being reallocated to unknown companies that the authorities say meet their criteria for fit and proper partners criteria

DR Congo
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Trade finance operations approved for Egypt this year by the International Islamic Trade Finance Corporation (ITFC) have been heavily focused on Egyptian General Petroleum Corporation.

Egypt
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Italian export credit agency Sace’s growing focus on Africa saw it reach E1bn ($1.26bn) in insured transactions in sub-Saharan Africa in 2009.

Kenya | Ghana | Nigeria | Tanzania
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Financial close for the Gecad venture’s 126MW thermal plant at Tema is expected by the end of July, with commissioning envisaged for May 2011, developer Aldwych International’s project director Christian Wright

Ghana
Issue 189 - 26 June 2010

Bashir appoints SPLM oil minister

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President Omar Al-Bashir has split the Ministry of Energy and Mining into three, installing southerner Lual Acuek Deng as oil minister

South Sudan | Sudan
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President Joseph Kabila Kabange has finally approved all outstanding oil contracts, according to a presidential decree published in the official gazette dated 22 June. But while closing one set of controversies over resources contract awards, Kabila has opened up another with the decision to award Lake Albert blocks 1 and 2 to two obscure British Virgin Islands-based outfits called Caprikat Ltd and Foxwhelp Ltd,

DR Congo
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Two new committees to spearhead and monitor reform and efforts to unify contracts reveal the president’s focus on achieving stable power supply.

Nigeria
Issue 189 - 26 June 2010

AfDB approves $32.5m loan

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The African Development Bank has approved a supplementary loan of $32.5m to Kenya under the African Development Fund (AfDF) concessional window

Kenya
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With potentially difficult elections beckoning as African Energy went to press, progress on an impressive roster of potential hydroelectric projects remains subject to Guinea’s volatile politics

Guinea
Issue 188 - 12 June 2010

Big role for Tukur

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The Nigerian-German Energy Partnership's Nigerian chair is influential former diplomat Alhaji Hassan Tukur, who on 17 May became President Goodluck Jonathan's new principal secretary

Nigeria
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Climate Council launched; PRI markets stay closed to oil sector; USTDA backing for renewable energy

Ghana | Nigeria | Gabon
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The new Algerian energy and mines minister was born in the eastern city of Batna on 2 October 1941. Many Algerians will appreciate not having another minister from the west, where President Abdelaziz Bouteflika and many of his most loyal supporters come from.

Algeria