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In a move typical of the convoluted deals so beloved of Colonel Muammar Qadhafi’s Jamahiriya (State of the Masses), African Energy hears that Libya is turning to some of its new friends with requests of help to fund the big compensation settlements demanded by the Lockerbie bombing families.

Libya
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IFC: New director for environment and social development; JAPAN: JICA expansion

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For Africans who depend on the environment for their livelihoods, human security is more closely tied in with the effects of climate change than it is elsewhere.

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Higher oil revenues and settlements with vulture funds have given Republic of Congo the space to bow to Bretton Woods demands for more transparent accounting for petroleum income, writes Paul Melly.

Congo Brazzaville
Issue 146 - 20 September 2008

The IMF’s transparency demands

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The International Monetary Fund made a new Poverty Reduction and Growth Facility conditional on Republic of Congo’s acceptance of an unusually detailed set of reforms – and it has turned down a government request to allow Société Nationale des Pétroles du Congo (SNPC) to help meet the cost of food subsidies.

Congo Brazzaville
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Business leaders breathed a collective sigh of relief as post-election calm suggested the investment climate would remain stable with the ruling Popular Movement for the Liberation of Angola (MPLA) in control after the 5-6 September general election. Final results, released on 17 September, showed that the

Angola
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The South African utility has warned that its coal needs run the risk of outstripping local supply within ten years, posing a fresh challenge to southern Africa’s energy industry, writes Our Cape Town Correspondent. Faced with rising coal exports from the Richards Bay Coal Terminal (RBCT) and a slowdown in new coal mining projects,

South Africa
Issue 146 - 20 September 2008

Ex-Im Bank sounds out Nigerian power sector

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Officials at the US Ex-Im Bank are in talks with Nigerian power developers, writes Kevin Godier. The Export-Import Bank of the United States reports seeing a rise in interest in electricity schemes since sponsoring a three-day Nigerian Independent Power Project (IPP) Financial Seminar in Abuja in April in conjunction

Nigeria
Issue 146 - 20 September 2008

Libyans flex sovereign wealth muscles

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After the failure of a promised Chinese farm-in on its Namibian acreage, AIM-listed Circle Oil has cut a deal for the newly structured (out of Tamoil Africa) Libya Oil Holding (LOH) to become a major shareholder. The move shows how Libyan players linked to Tripoli’s nascent sovereign wealth fund,

Libya
Issue 145 - 06 September 2008

EITI: Doha venue for fourth conference

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The Extractive Industries Transparency Initiative will hold its fourth international conference in Doha on 16-18 February 2009.

Free

In-fighting within the political class rarely surfaces in public, but it remains a significant factor in Egyptian decision-making.

Egypt
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NIGER: Badea backs Kandadji HEP; SUDAN: More Kuwaiti funding for Merowe

Niger | Sudan
Issue 144 - 02 August 2008

DEVELOPMENT FINANCE: MCC, AFC, JBIC

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MCC funds for schools, farming; MoU for Port Harcourt ring road; JBIC: Africa office

Nigeria | Burkina Faso
Issue 143 - 19 July 2008

DEVELOPMENT FINANCE: MCC, AFC, JBIC

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MCC funds for schools, farming; MoU for Port Harcourt ring road; Japan Bank for International Co-operation has established an Africa Office

Nigeria | Burkina Faso
Issue 143 - 19 July 2008

IFC unveils InfraVentures deals

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The World Bank Group’s International Finance Corporation has signed the first project development agreements (PDAs) under its new IFC Global Infrastructure Project Development Fund (IFC InfraVentures) product.