ivory coast
Ivory Coast President Alassane Ouattara on Saturday said he had offered a presidential pardon to longtime rival Laurent Gbagbo, as part of a reconciliation drive with his predecessors ahead of elections in 2025. Gbagbo, president from 2000-2011, returned to Ivory Coast last year after being acquitted in 2019 by the...
LAGOS, Nigeria, 5 August 2022 -/African Media Agency(AMA)/- Beacon Power Services (BPS), an energy tech company providing data and grid management solutions to help Africa’s power sector distribute electricity more efficiently, today announced closing of a $2.7 million round of seed financing. The round was led by Seedstars Africa Ventures with...
oil
Cote d’Ivoire reported a fresh discovery of offshore oil and natural gas by Italian firm Eni on Thursday, expanding the potential of reserves found last year by 25 per cent. In September 2021, the country announced a find of deposits estimated at between 1.5 and 2 billion barrels of oil...
EU
The European Union, EU, is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, deputy director general of the European Commission's energy department, said on Saturday. Baldwin was speaking in Nigeria where he held meetings with officials from Africa's largest oil producer...
Weah
Liberia has allowed dual citizenship, reversing a longtime ban viewed by some as hypocritical as many elites secretly held US citizenship. The bill, signed into law by President George Weah Friday, amends the West African state’s nationality law, allowing Liberians to remain citizens after acquiring a second nationality. Liberia — a...
Infinity
Egypt’s Infinity Group will become Africa’s largest renewable energy company when it, along with Africa Finance Corporation, acquires Lekela Power in an undisclosed deal that is expected to close this year, the parties said on Monday. British private equity firm Actis and Mainstream Renewable Power agreed to sell their stakes...
AU
The African Union (AU) has launched the African Single Electricity Market (AfSEM) which will one day become the world's largest continent-wide energy trading programme. The initiative is meant to interconnect all 55 African Union Member States through an efficient, affordable and sustainable electricity market. The implementation of the AfSEM will be...
Minimum Wage
In a bid to address decent work conditions for the workforce of Liberia, the Minister of Labour, Cllr. Charles H. Gibson has been appointed chairman of the Minimum Wage Board. President George M. Weah, constituted the Minimum Wage Board on Monday, appointing the Labour Minister and four other members. Other Labour...
Weah
The President of the Republic, Dr George Manneh Weah, is calling on Liberians to demonstrate genuine love and concern for each other by espousing the virtue of humility and service to mankind. He said one of God’s major instructions is for his children to care for each other, particularly the...
mali
Mali's military government on Friday passed a new electoral law, marking a step towards a return to constitutional rule amid regional pressure to hold elections since the junta first seized power in an August 2020 coup, a copy of the decree showed. The West African country has been under harsh...