Chad Is So Sweet, You Won’t Regret A Piece Of Her

The United Bank for Africa (UBA) Plc has declared its continuous support for the government of Chad in its development initiatives in the areas of infrastructure, oil and gas and other key sectors of the economy while calling on potential investors to invest in the Chadian economy, citing its branch in the West African country as one of the Pan-African bank’s high performing subsidiaries in the continent. Read more here: https://www.thisdaylive.com/index.php/2017/09/11/uba-highlights-investment-opportunities-in-chad/

Shelling Millions To Shore Up Lagos

Royal Dutch Shell has signed a $300 million agreement with Shoreline Energy to develop gas pipeline infrastructure in the country, market and distribute natural gas in the Victoria Island, Ikoyi, Lekki and Epe districts of Lagos State so as to generate revenues from a 20-year gas concession. Read more here: http://independent.ng/shell-signs-300m-gas-deal-local-firm/ and here: https://www.businesspost.ng/2017/09/11/shell-shoreline-energy-seal-300m-gas-deal/

Hitting It Right

Shipments of West African crude oil for India rises substantially and Chinese purchases increases too, as September loadings are expected to hit at least 2.2 million barrels per day (bpd), up slightly from the previous month and the highest since February. Read more here: http://www.hellenicshippingnews.com/india-and-china-propel-further-boost-in-asias-w-african-crude-bookings/

Mugabe’s Zimbabwe Agrees With Paris

The Paris Agreement on climate change has been signed into law in Zimbabwe by its government, and was carried out on September 6 when the instrument of ratification was deposited with the UN Secretary General’s office, which will help reduce carbon emissions and enhance resilience by measures such as expanding solar and hydropower, irrigation expansion, improving transport efficiency and others. Read more here: http://www.herald.co.zw/new-hope-as-zimbabwe-ratifies-key-climate-treaty/

Your Stake Has Now Been Authorised

The Mozambican government has authorised the acquisition of a stake in ENI East Africa – which owns 70% of the consortium that operates the block in the Rovuma basin – by ExxonMobil. Read more here: https://macauhub.com.mo/feature/pt-grupos-italiano-eni-e-chines-cnpc-tem-novo-parceiro-na-exploracao-de-gas-natural-em-mocambique/

Hopes That Shouldn’t Be Dashed Or Electrocuted

Hopes of an end to the energy crisis that has plagued Ghana in recent years that has seen a rationing schedule that involves cutting power for 24 hours every two days due to power outages has been reawakened by construction of a liquefied natural gas, LNG, terminal in Ghana to support power generation in the Kpone Power Enclave in the port city of Tema, near Accra. Read more here: https://www.newsghana.com.gh/partnerships-take-center-stage-in-africa/