Emma's Feed
Jul 30, 2014

Liberia shuts schools, quarantines communities in bid to halt Ebola

DAKAR (Reuters) – Liberia announced on Wednesday the quarantine of a number of communities and the closure of schools across the country, the toughest measures yet imposed by a West African government in a bid to halt the worst Ebola outbreak on record.

Security forces in Liberia were ordered to enforce the measures, part of an action plan that included placing all non-essential government workers on 30-day compulsory leave.

Jul 26, 2014

Hollande declares three days of mourning over Air Algerie crash

DAKAR/PARIS (Reuters) – French President Francois Hollande ordered that flags on government buildings across France fly at half-mast for three days from Monday after the death of 118 people including 54 French nationals in the crash of an Air Algerie flight in Mali.

Hollande, who met with relatives of victims for three hours on Saturday afternoon, said that all the bodies would be flown to France and that he would make sure that families can, at some point, travel to the crash site to help them cope with grief.

Jul 21, 2014

Gabon picks seven companies for final oil block talks

DAKAR, July 21 (Reuters) – Gabon has selected seven
companies for a final round of negotiations as part of an
offshore licensing round the government hopes will reverse a
chronic decline in output, the country’s oil ministry said on
Monday.

The new blocks are located in deep offshore waters – an
exploration play that is expensive and uncertain but potentially
very rewarding given the similarity of geological structures to
oil-rich Brazil, where billions of barrels of oil have been
discovered.

Jun 18, 2014

Gabon’s Bongo struggles to transform African oil republic

LIBREVILLE, June 18 (Reuters) – Above the entrance to the
towering oil ministry on a sleek boulevard in Gabon’s
ocean-front capital Libreville hangs a huge banner that reads
like a warning: “Oil will run out but innovation is forever”.

For nearly four decades, since the discovery of offshore
fields in the early 1970s, oil has been the economic lifeblood
of this small, central African country. It has brought billions
of dollars in investment and accounts for 80 percent of exports.

Jun 12, 2014

Saint-Louis festival takes jazz back to African roots

SAINT-LOUIS, Senegal, June 12 (Reuters) – Once a lively
French colonial trading port, the sleepy city of Saint-Louis in
West Africa’s Senegal bursts into life for just a few days a
year during the annual summer jazz festival.

From dusk, jazz from the open-air concert blends with
African rhythms, and drifts off the shores of the tiny island
where the festival is held down the normally tranquil banks of
the Senegal River.

Jun 5, 2014

Nigeria adds to its list of long-term oil buyers

LONDON/DAKAR (Reuters) – Nigeria has added Chinese and Indian state oil companies to an expanded list of those awarded contracts to buy its crude, re-issued after what trade sources said was intense lobbying by disappointed buyers.

It expanded its list of long-term oil contracts to about $52 billion worth of crude, up from $40 billion in April, also awarding contracts to more local companies, according to list a seen by Reuters and corroborated by industry sources.

Jun 3, 2014

Islamic Development Bank loans $180 mln for Africa projects

DAKAR, June 3 (Reuters) – The Islamic Development Bank has
launched a programme to release $180 million in financing to six
African countries for renewable energy projects as part of a
broad strategy to deepen its involvement in the region.

Islamic finance is growing in Africa as governments seek to
develop large-scale infrastructure projects. Last year Nigeria’s
Osun State began offering the country’s first Islamic bond.

May 27, 2014

Gabon Oil Company to boost oil sales, eyes acquisitions

LIBREVILLE, May 27 (Reuters) – State-owned Gabon Oil Company
plans to purchase new oil assets and market a bigger portion of
Gabon’s crude oil, its chief executive told Reuters, aiming to
grow to compete alongside international oil firms.

GOC was created in mid-2011 by presidential decree, more
than two decades after Gabon started producing oil. The country
is now sub-Saharan Africa’s fifth-biggest oil producer, pumping
around 250,000 barrels per day, down from a peak of 370,000 bpd
in the late 1990s.

May 24, 2014

Oil-dependent Gabon seeks to diversify economy -president

LIBREVILLE, May 24 (Reuters) – Gabon wants to lure investors
into its mining, manufacturing and tourism sectors as it tries
to reduce its dependence on oil exports and court capital from
countries other than former colonial master France.

The Central African country relies heavily on oil exports
but President Ali Bongo says the economy cannot remain reliant
on petroleum if it wants to achieve its goal of becoming an
emerging economic power by 2025.

Apr 28, 2014

Nigeria orders 1.85 mln tonnes of gasoline imports

DAKAR/LONDON, April 28 (Reuters) – Nigeria has granted
licences to 40 companies to import around 1.85 million tonnes of
gasoline by the end of June, Nigerian National Petroleum
Corporation (NNPC) and oil industry sources said, as the country
takes measures to avoid fuel shortages.

Nigeria is Africa’s top oil producer but relies on fuel
imports because its refineries work at a fraction of their
capacity due to poor maintenance and old age.