Mauritania, one of Africa’s poorest countries and newest oil producer, looks forward to developing its economic relations and partnership with China, a major world economic power.
Saudi Aramco has almost finished the construction of its giant Wasit gas project, reported Gulf Business, but it is currently processing gas from the Karan gas field instead of the offshore fields as originally planned.
Zambia's President Edgar Lungu announced that Zimbabwe and his country have partnered to explore the possibility of developing a 1,800 Megawatt (MW) power station at Batoka Gorge in Southern Province with an estimated investment of US$4 b
Kenya is planning to host an international investment conference from Nov. 22 to 25 to attract investors for projects, including expansion of airports, railway, tourism, roads, dams, and energy projects.
Angola is unlikely to produce 2 million barrels of oil per day in 2016, said the office of economic and financial studies of the Portuguese bank BPI, adding that this is “an overly optimistic goal."
Nigeria’s oil firm NNPC had signed a deal with a consortium of local and foreign lenders to develop 36 oil wells that would also boost domestic power generation in Africa’s largest crude producer.