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Archive In Energy
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Business
East Africa Gas Forum To Address Issues Affecting Liquid Natural Gas Exploration.
different countries to explore East Africa as the new investment hub, particularly as a result of the abundance of Liquid Natural Gas (LNG) in the region, a forum has been scheduled to address the issue.
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Strategies & Solutions
BHP Billiton, The Acquisitions, The Sales.
BHP Billiton is the world’s largest mining company, by market revenues; and the world’s third-largest company, by market capitalisation.
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Business
Defiant South Africa Steps Up Oil Alliance With Iran.
South Africa is unyielding to stiff pressure from the United States (U.S.) for reduction of its business transactions with Iran, but has instead increased its import of crude oil from the south-western Asian country.
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Strategies & Solutions
Nigeria: First Bank Assigns $3.2 Billion To Finance Oil, Gas Projects.
VENTURES AFRICA – First Bank of Nigeria Plc (FirstBank), an indigenous financial services provider, has assigned over N500billion ($3.2 billion) to finance several oil and gas projects in Nigeria.
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Strategies & Solutions
FirstRand Plans To Buy Kenyan Bank As Part Of Expansion Strategy.
FirstRand, one of the largest financial institutions in South Africa, has revealed plans to buy a mid-sized Kenyan bank in order to boost its presence in the largest economy in the East Africa – one of...
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Strategies & Solutions
South Africa Experience Lowest BCI In Three Years.
being the lowest in three years. According to the South Africa Chamber of Industry (SACCI), South Africa’s business confidence index dropped to a 3-year low from 95.7% in March to 94.3% in April.
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Strategies & Solutions
Mozambique To Extend Jurisdiction Over Mergers And Acquisitions Of Foreign Companies.
The Mozambican government has revealed plans to review its laws as regards mergers and acquisitions of foreign companies that own assets in the country.
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Strategies & Solutions
Kenya’s KenolKobil To Sell Major Stake To Puma Energy.
Kenyan oil marketing conglomerate, KenolKobil announced on Monday details of an agreement with Puma Energy, with the latter seeking to buy a majority stake in the company.
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Strategies & Solutions
Kenya: Tullow Discovers More Oil In Turkana.
Reports from Kenya Monday indicated that Tullow Oil Plc, has discovered more oil in the Ngamia-1 well in Kenya.
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Strategies & Solutions
Total Kenya Attributes Q1 Losses To High Financing Costs.
Total Kenya has announced losses in the first quarter of 2012 Tuesday. In a statement , the oil marketer attributed losses to “heavy financing costs caused by high interest rates, volatile global crude prices and...