Category: Press Release

CR2 named as one of Deloitte’s Best Managed Companies 2021

CR2 (www.CR2.com) has been named as one of Ireland’s Best Managed Companies. The awards programme is led by Deloitte Ireland, in association with Bank of Ireland. The company, which demonstrated superior business performance this year, was recognised at a virtual awards ceremony on Wednesday, 8 September. Ireland’s Best Managed Companies Awards programme promotes and recognises Read more…

Angola Oil & Gas (AOG) 2021 Addresses Energy Transition Impacts on Oil and Gas

Under the theme ‘Angola Oil and Gas Industry: The Roadmap to Regeneration and Growth,’ the Angola Oil & Gas (AOG) 2021 conference, organized by Energy Capital and Power (www.EnergyCapitalPower.com), comprised productive panel discussions, informative debates, and insightful presentations on the future of Angola’s oil and gas industry. A debate panel moderated by Sergio Pugliese, President for Angola Read more…

African Development Bank approves $137 million loan for post-pandemic economic recovery

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $137 million loan to support Botswana’s economic recovery from the Covid-19 pandemic. The funds, extended under the Bank Group’s Botswana Economic Recovery Support Program, will be used to enact multi-sector reforms that will increase spending efficiency, create jobs and drive inclusive Read more…

African Energy Week in Cape Town Maintains a Strong Position on the Role of Women in Africa’s Energy Transformation

Africa’s energy success will be determined by the role women play in the continent’s development, not just as participants but as notable leaders and contributors. For decades, women have played a disengaged role, with inequality, barriers to entry and lack of inclusion across levels of the professional ladder hindering effective progress. Now, the world has Read more…

Angola Oil & Gas (AOG) 2021: Sonangol announces move from National Oil Company to Energy Company as it gears up for IPO

Sonangol CEO Sebastião Gaspar Martins showcased the company’s strategy at an upstream dedicated panel during the first morning of the Angola Oil & Gas Conference 2021, organized by Energy Capital & Power (www.EnergyCapitalPower.com); The CEO of Sonangol expressed his excitement about his plans to take the company public; His announcements are an expression of the Read more…

African Petroleum Producers Organization to Drive a Multi-Stakeholder Approach, Integration, Collaboration and Oil’s Future at African Energy Week in Cape Town

During a working visit to the Republic of Congo, the African Energy Chamber (AEC) (www.EnergyChamber.org) met with H.E. Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organization (APPO), in a move to strengthen ties between the oil and gas private sector and APPO. Both parties believe in the role of hydrocarbons in Read more…

No need to Lament about the Oil Discovery in Namibia’s Kavango Basin. What About the Huge Benefits It Represents for Namibians? (By NJ Ayuk)

Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. (“ReconAfrica”) began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest Botswana. The company holds a total licensed area of 8.5 million acres in the area, and it hoped to find massive reserves of conventional oil in this thick Read more…

More women move to online trading

Dany Mawas, Regional Director at INFINOX (www.INFINOX.com), says that while women have been largely underrepresented in the trading industry, female participation in online trading is on the up, signifying a welcome change in the previously male-dominated arena. While several senior positions within global business and government continue to follow patriarchal lines, online trading is for everyone, Read more…

Central Bank of Nigeria (CBN) Issues New Guidelines for Mobile Money Operators in Nigeria (By Ibrahim Moshood)

The apex regulator of banking activities in Nigeria has released new guidelines to further regulate the services provided by mobile money operators (MMOs) in Nigeria (“the new guidelines”). Since 2015, when the last regulatory changes were made using the old guidelines, mobile money operators have evolved to some extent with the surge in financial solutions Read more…