It can get increasingly expensive for Ghana to seek arbitration in a dispute with Ivory Coast over the oil-rich basin in the Atlantic Ocean. The
Category: Africa
Many African Oil Explorations Keep Going Despite Cheap Oil
African oil explorers have decided to keep on drilling in selected areas such as off the West African coast or onshore east Africa despite the
Eritrea’s Colluli Deposit Estimated at 1.3 Billion Tonnes of Minerals
South Boulder Mines released a mineral resource estimate for the Eritrea-based Colluli potash project. The Western Australia-based company holds a 50-percent interest in the project,
Norway’s Yara Confirms Potash Potential in Ethiopia’s Danakil Depression
The Norwegian fertilizer company Yara International has confirmed that it is possible to mine potash from the Danakil Depression in Ethiopia. The firm hired an
Mombasa to Import 100,000 Metric Tonnes of Subsidized Fertilizer
Mombasa, Kenya’s second largest city, is expecting more than 100,000 metric tonnes of fertilizer imported by the government under the country’s fertilizer subsidy program to
China Opens Up for Foreign Commodity Traders
China has introduced new regulation that allows international investors to trade in selected commodities, a step which marks another landmark on the way leading towards
China’s Oil Reserves Higher than Officially Declared
China is expected to be holding a higher amount of crude than what is stated in its official plan. Its strategic reserves are estimated to
Nigeria Lost $4.8 Billion in Seed and Fertilizer Sector in 1980-2010
The Nigerian federal government has informed that it lost more than N776 billion to corruption, which is an average of N26 billion annually, in the
Sub-Saharan Africa to Overtake Russia as No.1 Gas Supplier by 2040
Sub-Saharan Africa will overtake Russia as the world’s number one gas supplier by 2040, according to the International Energy Agency (IEA), thus boosting the efforts
Energy Sector Key to Africa’s Prosperity
According to the report recently published by the International Energy Agency’s (IEA), increasing access to modern forms of energy is important in boosting stronger economic