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Afreximbank Signs Facility Agreement to Boost Intra-African Trade and Investment

The African Export-Import Bank (Afreximbank) has signed a facility agreement lending 170 million dollars to an Egypt-based conglomerate, Orascom Investment Holding (OIH), to assist the company expand its pan-African activities. According to Prof. Benedict Oramah, Afreximbank’s President, in a statement signed by the bank’s Head of Media, Mr Obi Emekekwue, on Friday in Abuja said […]

African Energy Chamber and the Oil Industry Congratulates Equatorial Guinea’s Government on Setting Up One-Stop Shop

The African Energy Chamber  welcomes the improvement of Equatorial Guinea’s business environment via the establishment of a one-stop shop for setting up businesses in the country. “The implementation of Equatorial Guinea’s one-stop shop allows companies to set up a business in Equatorial Guinea in only one week, putting the country at par with global standards, […]

What Angola can learn from Nigeria by creating opportunities for marginal oil production

The Nigerian experience with marginal oil field development had measurable success, with 24 licenses awarded to 31 companies, some as sole operators and others as joint-ventures. With production declining and investment scarce, the Angolan leadership has put in place a number of new policies to reboot its oil industry and propel economic development. However, those […]

African countries should emulate China’s investment in technology: Manchishi

Zambia and other African countries should emulate China for investing in technology, innovation and research, an expert said on Friday. Stephen Manchishi, a bio-scientist, said China’s investment in technology, innovation and research has helped to lift millions of its citizens out of poverty. The expert, who is also Next Einstein Forum ambassador, said China’s long history of […]

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