Africa Oil reaches new exploration milestone with strategic farm-out partnership in Orange Basin
London, UK --News Direct-- Africa Oil CorpAfrica Oil Corp (TSX:AOI) Investor Relations Manager Shahin Amini discusses the company's new partnership with TotalEnergies and Qatar Energy for the exploration of Block 3B/4B in the Orange Basin. Amini told Proactive's Stephen Gunnion the collaboration marks a significant endorsement of the block's exploration potential, leveraging the expertise and resources of these notable energy companies. The value derived from this deal for Africa Oil is estimated at $46.8 million, including $10 million in staged payments. Amini noted that the strategic partnership allows Africa Oil to explore with "other people's money," aligning with their business model of early basin entry, comprehensive geological assessment, and then attracting resourceful partners for exploration financing. Additionally, Africa Oil, through its investment in Impact Oil and Gas Limited, has exposure to another promising block in Namibia, highlighting the company's significant acreage position off Southern Africa's coast.
Source:The North Africa Journal
March 08, 2024 16:08 UTC
Chinese among hundreds kidnapped in Nigeria
from EMEKA OKONKWO in Abuja, NigeriaNigeria BureauABUJA, (CAJ News) – A CHINESE national has been kidnapped during a renewed abduction spree by militants in Nigeria. The Chinese are among hundreds of individuals kidnapped in recent days as militants sustain their criminal acts in the West African country. Also on Friday, the Chinese Embassy and Consulate General urged nationals to tighten security measures following the crime spree. Chinese in Nigeria have been advised to go out only if necessary, strengthen travel security measures, avoid gatherings and enhance self-prevention and risk avoidance awareness. They have been urged to strengthen security measures in residences, factories, stores and living areas.
Source:The North Africa Journal
March 08, 2024 14:54 UTC
Oscars 2024: Four Daughters is a Tunisian masterpiece – what makes the film groundbreaking
It’s won several major documentary awards and is nominated for a Best Feature Documentary Oscar. This makes its director Kaouther Ben Hania the first Arab woman ever to receive two Oscar nominations. Kaouther Ben Hania is considered one of the leading post-revolution Tunisian film-makers. Ben Hania hears Olfa’s story on the radio and sees her being interviewed on TV. Ben Hania enrols everyone on the set to exhume narratives and emotions and perform them in the present.
Source:The North Africa Journal
March 08, 2024 14:37 UTC
Endeavor Kenya unveils inaugural cohort of 9 startups for ScaleUp programme
Endeavor Kenya has unveiled the inaugural cohort of nine startups for its ScaleUp programme, which aims to support high-growth startup ventures with the network and resources to gain clarity on their journey to scale. Nine Kenyan startups have been selected to take part in the inaugural edition of the programme, which will take place over the next 6-12 months. It provides a fast-track route to becoming a potential Endeavor entrepreneur, via one-to-one mentoring sessions with entrepreneurs and mentors within the Endeavor Kenya network. Endeavor Kenya managing director Maryanne Ochola said ScaleUp’s vision is for the selected startups to accelerate their business growth to become the next Endeavor entrepreneurs. “The Endeavor ScaleUp programme is crucial for companies in the growth stage.
Source:The North Africa Journal
March 08, 2024 14:31 UTC
SADiLaR workshop highlights benefits of online dictionaries
The South African Centre for Digital Language Resources (SADiLaR) recently facilitated a successful online-dictionary training workshop at the University of KwaZulu-Natal (UKZN). “Most publishers are moving away from paper dictionaries to online dictionaries,” Khumalo said. “The online dictionary platform provides sufficient space for a detailed treatment of lexicographic information. Multifunctionality of online dictionariesAccording to Wolff, a key advantage of online dictionaries is that they are multifunctional. “When planning a project to build an online dictionary, or when evaluating one, it is useful to consider it as more than just a dictionary.
Source:The North Africa Journal
March 08, 2024 13:29 UTC
Global Ethylene Industry Production Capacity & Demand Insights & Forecasts Report 2024-2028 Competitive Overview of ExxonMobil, BASF, Mitsubishi, AkzoNobel, Borealis, and Mitsui Chemicals - ResearchAn
DUBLIN--(BUSINESS WIRE)--The "Global Ethylene Market (By Production Capacity & Demand): Insights & Forecast with Potential Impact of COVID-19 (2024-2028)" report has been added to ResearchAndMarkets.com's offering. Scope of the reportThe report provides a comprehensive analysis of the global ethylene market with potential impact of COVID-19. Global Market Analysis3.1 Global Ethylene Production Capacity3.2 Global Ethylene Production Capacity Forecast3.3 Global Ethylene Production Capacity by Region3.4 Global Ethylene Demand3.5 Global Ethylene Demand Forecast3.6 Global Ethylene Demand by Application3.6.1 Global Ethylene Demand for Polyethylene Production3.6.2 Global Ethylene Demand Forecast for Polyethylene Production3.6.3 Global Ethylene Demand for Ethylene Oxide Production3.6.4 Global Ethylene Demand Forecast for Ethylene Oxide Production3.6.5 Global Ethylene Demand for Ethylene Dichloride Production3.6.6 Global Ethylene Demand Forecast for Ethylene Dichloride Production4. Regional Market Analysis4.1 China4.1.1 China Ethylene Production Capacity4.1.2 China Ethylene Production Capacity Forecast4.1.3 China Ethylene Demand4.1.4 China Ethylene Demand Forecast4.1.5 China Ethylene Demand by Application4.1.6 China Ethylene Demand for Polyethylene Production4.1.7 China Ethylene Demand Forecast for Polyethylene Production4.1.8 China Ethylene Demand for Ethylene Oxide Production4.1.9 China Ethylene Demand Forecast for Ethylene Oxide Production4.1.10 China Ethylene Demand for Styrene Production4.1.11 China Ethylene Demand Forecast for Styrene Production4.1.12 China Ethylene Demand for PVC Production4.1.13 China Ethylene Demand Forecast for PVC Production4.2 The U.S.4.2.1 The U.S. Ethylene Production Capacity Forecast4.3 Middle East & North Africa4.3.1 Middle East & North Africa Ethylene Production Capacity4.3.2 Middle East & North Africa Ethylene Production Capacity Forecast4.4 Europe4.4.1 Europe Ethylene Production Capacity4.4.1 Europe Ethylene Production Capacity Forecast4.5 ROW4.5.1 ROW Ethylene Production Capacity4.5.2 ROW Ethylene Production Capacity Forecast5.
Source:The North Africa Journal
March 08, 2024 13:01 UTC
Israel’s war on Gaza live: US to build port as Israel blocks aid via roads
blinking-dot Live updates Live updates,Israel’s war on Gaza live: US to build port as Israel blocks aid via roadsUN says Israel blocked majority of aid missions to north last month, Biden set to unveil maritime aid corridor.
Source:The North Africa Journal
March 08, 2024 12:58 UTC
Russia-Ukraine conflict: Impact on FSU sulphur flows to the Mediterranean and North Africa
Author Maria Mosquera, Editor, Argus Sulphur | Bea O'Kelly, Market ReporterListen to our short and concise sulphur podcast reviewing FSU sulphur exports and their impact on the Mediterranean and North African regions following more than a year of the Russian-Ukraine conflict and resulting sanctions. Join Maria Mosquera, Editor of the Global sulphur report, and Bea O’Kelly, Sulphur Reporter, as they discuss the impact of the Russia- Ukraine conflict on FSU sulphur flows to the Mediterranean and North African markets, more than one year on from the onset of the conflict, and what we can expect looking forward. Related links:
Source:The North Africa Journal
March 08, 2024 12:55 UTC
North Korea’s COVID curbs still strangling economy, report says
North Korea was one of the first countries to act on reports of COVID-19 circulating in early 2020, sealing itself off from the outside world and its economic lifeline in China. There was no [informal] trade with China, not even to get some rice or a bag of wheat. If [authorities] heard of a soldier allowing that, that person would just disappear,” the trade said in the report. Peter Ward, a research fellow at the South Korea-based Sejong Institute who was not involved in the report, said that North Korea has yet to move on from COVID like other countries have. North Korea’s normalisation has been delayed a lot and arguably they haven’t really finished normalisation yet,” Ward told Al Jazeera.
Source:The North Africa Journal
March 08, 2024 12:47 UTC
France to keep its troops in Chad amid apparent pre-election crackdown on opposition – The North Africa Post
France has said it will keep its 1,000 troops in junta-run Chad amid waning French influence after it was ousted from several African countries over the past few years, just as apparent calm has returned to Chad’s capital N’Djamena following the assassination of an opposition leader. The envoy also said he conveyed Paris’ “admiration” to Deby Itno for the country’s transition to civilian rule after he took power following his father’s three-decade iron-fisted rule. All three military-run governments also formed a military alliance, and declared a number of economic steps revoking previous French exploitation of their countries’ resources. Meanwhile, Deby Itno has announced he planned to run in this year’s long-delayed presidential race days after his main opponent was killed in murky circumstances. The authorities have also confirmed that Deby’s uncle, Gen Saleh Deby Itno, had been arrested in the wake of the recent events.
Source:The North Africa Journal
March 08, 2024 12:13 UTC
EU plans €210 million in aid to Mauritania to curb migrants’ flows – The North Africa Post
The European Union is planning to offer 210 million euros to help Mauritania curb illegal migration to the Canary Islands, which reported a record number of arrivals last year. The batch includes €60 million to be allocated to migration management, the Financial Times reported. The rest will be invested in security, economic development, and humanitarian aid in Mauritania, which emerged as the main departure point for West African migrants bound for the Canary Islands. In the first two months of 2024, almost 12,000 people arrived on the Canary Islands by boat, according to the Spanish interior ministry, compared to fewer than 2,000 in the same period last year. Last year, the Canary Islands accounted for most arrivals in Spain with near 40,000, compared with 56,852 migrants that entered the country by land or sea in 2023.
Source:The North Africa Journal
March 08, 2024 12:13 UTC
Kuriga kidnap: More than 280 Nigerian pupils abducted
Zakariyya Nasiru, who had a brother and sister taken hostage, told the BBC the family were unable to sleep on Thursday night. "All of us couldn't sleep as we keep thinking about them. We are here praying for their safe return. "Mr Nasiru said one boy had escaped last night and had brought back harrowing reports of their conditions, including a lack of food.
Source:The North Africa Journal
March 08, 2024 12:10 UTC
ANALYSIS-Egypt’s bumper cash raise sets stage for foreign investor comeback
Egypt’s local debt had been off limits to most international investors for years amid fears over currency devaluations, deeply negative rates and concerns about repatriating funds from a country gripped by severe dollar shortages. But long-sought reforms – and key cash infusions – spurred international investors to buy more than $800 million in government T-bills this week, a move that could pave the way for their return to government bonds.
Source:The North Africa Journal
March 08, 2024 11:58 UTC
Circular economies can become “the most inclusive” in Africa
Henry Roman, Regional Representative for Southern Africa at the International Water Management Institute (IWMI) believes the circular economy represents an opportunity. There’s more to circular economies than just recyclingIn adopting the circular economy, Africa can chart a path towards a more inclusive and sustainable future, where economic prosperity is intrinsically linked to environmental stewardship and societal well-being. For a just transition, we must take a system-thinking approach in implementation of the circular economy, because economic transformation has to be inclusive. “Circular economy has the potential to create new forms of work and reduce societal inequalities in Africa, and the world at large,” concluded Roman. The International Water Management Institute is a non-profit international water management research organisation under global partnership CGIAR with offices across Africa and Asia, and headquarters in Colombo, Sri Lanka.
Source:The North Africa Journal
March 08, 2024 10:27 UTC
Mortal remains of Indian worker killed in anti-missile attack on Israel's north on way to India
Tel Aviv, Mar 8 (PTI) The flight carrying the mortal remains of an Indian worker, Patnibin Maxwell, killed by an anti-tank missile fired from Lebanon left on Thursday evening for India, official sources said. The Indian mission in Tel Aviv issued an "important Advisory" on Tuesday urging its nationals to relocate to safe areas in the country, a day after the deadly attack. "The embassy remains in touch with the Israeli authorities to ensure the safety of all our nationals", the advisory added. Several Indian workers from the north are said to have shifted to areas considered safe from missile attacks. Hezbollah has named 229 members who have been killed by Israel during recent flare-ups.
Source:The North Africa Journal
March 08, 2024 10:19 UTC