28
OCT
2015

GHANA NEWS UPDATE-28 OCTOBER 2015

The Government of Ghana has been in talks with the Nigerian National Petroleum Corporation (“NNPC”) to settle its arrears of gas supply from N-Gas. N-Gas is a joint venture company between NNPC, Shell and Chevron, and supplies Nigerian gas through the West African Gas Pipeline...
27
OCT
2015

KENYA NEWS UPDATE – 27 OCTOBER 2015

Kenya’s credit rating outlook was lowered to negative from stable earlier this month, on 16 October, because of heightened risks from currency depreciation and a widening budget deficit. The country’s rating was affirmed at B+ by Standard & Poor’s. The rating reflects Kenya’s...
21
OCT
2015

EVENT: TEXEM Leaders of Africa Oil & Gas Summit

21 October 2015, Royal Garden Hotel, London. The Leaders in Africa Oil and Gas Summit will reflect on the current challenges and opportunities within the oil and gas sectors in Sub-Saharan Africa. In particular, the summit will address the need to boost efficiencies and cut costs...
21
OCT
2015

TANZANIA NEWS UPDATE – 21 OCTOBER 2015

As Tanzania draws closer to its presidential and parliamentary elections on Sunday 25 October 2015, the African Union Commission (“AUC”) has assigned a 50 member Election Observation Mission (“AUEOM”) to the general elections. Campaigns are winding down and soon Tanzanian voters...
07
OCT
2015

NIGERIA NEWS UPDATE – 7 OCTOBER 2015

President Muhammadu Buhari has submitted his first batch of 21 ministerial nominees to the Senate after a 4 month wait since his inauguration, on 29 May. On 6 October, the Senate President, Bukola Saraki, in keeping with the Senate timeline, read the list of 21 ministerial...
01
OCT
2015

GHANA NEWS UPDATE – 1 OCTOBER 2015

Figures released by Ghana’s Statistical Service (“GSS”) put gross domestic product (“GDP”) growth in the second quarter (“Q2”) at 3.9 percent compared to a revised 2.6 percent in the corresponding period last year. This was lower than the 4.3 percent registered in Q1.  The GSS...