NewsWest Africa

Sat,19Jan2019

West Africa

Nigeria awards mining exploration contract to 10 mining, consulting firms

 In this March 24, 2011 file photo, oil is seen on the creek water's surface near an illegal oil refinery in Ogoniland, outside Port Harcourt, in Nigeria's Delta region. Photo:  Sunday Alamba/AP/SIPA  Nigeria has awarded a mining contract to ten exploration and consulting companies as part of the country's efforts to develop the sector, the mining and steel development minister said on Tuesday.

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DOSSIER | TELECOMS: South Africa, Infrastructure, Dispute

   Dossier Telecoms

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Nigeria: The MTN muddle

 

Tom Saater/Bloomberg via Getty ImagesThe central bank’s demand for an $8.1bn refund from the telecoms giant threatens wider repercussions

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Ghana Finance - Banking bust

 

Nicholas Seun Adatsi/GettyDespite the trauma and job losses caused by the failure of several small Ghanaian banks, the sector now looks stronger with credit growth likely to accelerate

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Equatorial Guinea punishes Subsea 7 over laws on local jobs

Subsea 7 social media account photoEquatorial Guinea has ordered energy operators to stop doing business with oil and gas service firm Subsea 7 for failing to comply with local laws aimed at creating more jobs for locals, the oil minister said on Thursday.

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Nigerian central bank set to reach deal in $8.1 bln MTN dispute

People buy MTN accessories on a street in Lagos, Nigeria Thursday, Nov. 5, 2015. Photo: Sunday Alamba/AP/SIPANigeria's central bank is on the verge of an agreement over a $8.1 billion dispute with South African telecoms firm MTN, its governor Godwin Emefiele said on Thursday, declining to provide further details.

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