African Business News

Nigerian National Petroleum Corporation to improve domestic gas supply

Nigerian National Petroleum Corporation (NNPC) has declared to encourage and improve domestic gas supply by coming up with 4.3 tcf Assa North/Ohaji South Fields (ANOH) in OML 21, functioned by NNPC and joint venture partners along with Shell Petroleum Development Company (SPDC), Total Exploration and Production Nigeria (TEPNG) and Nigeria Agip Oil Company (NAOC).

Israel opens its first Embassy in Rwanda

New Israeli ambassador, Ron Adam, said after a meeting with Rwanda’s President Paul Kagame, “This country shares a lot of comparabilities with state of Israel and offers a lot of ground for mutual cooperation.”

Israel opened its first embassy in Rwanda on 22nd Feb 2019, offering support to the East Africa nation from health to education and agriculture, as well as communication technology including cybersecurity.

Ghana to expand its international relations with German businesses

Ghana is one of the fastest growing economies in the world and competitive in West Africa has provided German firms, courtesy of its positive economic outlook.

Ghana’s capital, Accra, is holding the ongoing 3rd German-African Business Summit ( GABS) which kicked off on February 11, 2019.

Mwale Medical and Technology City (MMTC) in Kenya receives a great support from America

Innova Eco Building System has undertaken an JV Agreement to build a US$40 million manufacturing plant bringing its green building technology to Mwale Medical and Technology City (MMTC), a US$2 billion community-owned defendable development situated in Western Kenya.

MMTC is 100% green city and at present it is in the Final Phase 3 of development and is about to complete in 2020.