Topic: Business

Ghana: Offshore West Africa Pre‐Event Press Conference Announced

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9th March 2011; Offshore West Africa 2011, the region’s premier conference and exhibition for the offshore oil and gas exploration & production industries, has announced a pre‐event press conference for the forthcoming event in Accra, Ghana. The pre‐event press conference will be taking place on Monday March 14th, 2011, 14.00pm, at the British High Commission, UK Trade & Investment Conference Room, Accra, Ghana, including speeches from Theo Ahwireng, Manager Geophysics, Ghana National Petroleum Corporation and Advisory Board Chair, Offshore West Africa 2011, as well as David Paganie, Director, Offshore Conferences, PennWell and Chief Editor, Offshore Magazine. David Paganie, Offshore West... Continue Reading

West African Central Banks look at new currency control mechanism

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By Own Correspondent – Central Bank officials from the sub-region are charting out a new direction of maintaining qualitative banknotes and currency management that will ensure the durability and protection of national currencies from counterfeiters and other deficiencies. Held at the Paradise Suites Hotel in Kololi, the five-day workshop that commenced yesterday, brought together senior central bank officials from The Gambia, Nigeria, Ghana, Sierra Leone and other countries to study and dilate on the New Challenges in Currency Management, New Directions in Banknote Design, Security Features Against Counterfeiting, Forecasting the Demand for Banknotes, and Country Case Studies on Currency Management.... Continue Reading

Ghana hosts China-Africa investment seminar

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By Martin Tapfumaneyi Chemhere – Johannesburg: Promoting Impact Investing from China into Africa is a half day, invitation only seminar to be held on 21 March 2011 in Ghana, Accra’s Labadi Beach Hotel. Rashika Padarath, Programme Manager at Gordon Institute of Business Science, Pretoria said: “No fee is charged, but it is essential to RSVP as the organizers would have to prepare appropriately in terms of space, logistics, food and other package requirements. Ghana’s businesses and media are encouraged to attend this watershed business meeting.” The seminar is premised on the philosophy that “as Africa’s potential for economic growth is... Continue Reading

Zambia: Two firms awarded OIL & GAS exploration licences

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By Nawa Mutumweno – Exile Resources Incorporated and Barotse Petroleum Company have been granted licences to start exploration of oil and gas in the Eastern and Western provinces of Zambia, respectively. According to Mines & Mineral Development minister Maxwell Mwale, Majetu Limited will soon be given three licences to explore oil and gas in three blocks in North-Western Provinces. Exile Resources and Barotse Petroleum are expected to start exploration works after the rainy season. “At this stage, we have issued Exile to explore in Eastern and Barotse in Western, and we will soon be issuing Majetu with three licences for... Continue Reading

Zambia: Airtel Zambia to expand by shortly rolling out another 100 masts

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By Nawa Mutumweno – Airtel has set up over 150 base stations across the country in the last three months and would shortly roll out another 100 masts as part of the $150 million investment committed to network expansion. According to Airtel Zambia chief executive Fayaz King, the country’s leading mobile telecommunications firm is poised to grow from the current 68% coverage to about 80% by the end of the year. “We have already set up 150 sites in the country, 100 more will be rolled out by the end of March,” Mr King pointed out. The company has embarked... Continue Reading