Uganda National Oil Company (UNOC) has discovered nine oilfields under the “Kasuruban” project, which is believed to contain significant hypothetical reserves. UNOC reported the discovery on social media. “Early geological assessments indicate encouraging signs, warranting further detailed studies to determine the actual quantity and commercial viability of these prospects,”Continue Reading

  By Lawal Sale President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to coordinate the rollout of recently enacted tax laws and advance the administration’s economic reform agenda. According to a statement by Bayo Onanuga, Special Adviser to the President on InformationContinue Reading

  Niger’s President Abdourahamane Tiani has announced the transfer of a number of companies operating in the uranium and gold mining industries to state control. The head of state made the statement during his visit to the city of Agadez. Addressing thousands of local residents at a rally, Tiani declaredContinue Reading

  Russian company Rusal, one of the world’s largest aluminium producers, has signed a memorandum of understanding with Ethiopia’s sovereign wealth fund, Ethiopian Investment Holdings (EIH), to construct a major aluminium production plant in the country. The information was released in an EIH statement. The signing took place during aContinue Reading

  Source: Xinhua Hand-painted mandalas, ornaments widely used in Nepalese art, hung on the walls of a booth at the ongoing China International Import Expo (CIIE) in east China’s Shanghai, shimmering in gold and sapphire hues. “This is our first time participating in this exhibition,” said Rabindra Kumar Shrestha, ownerContinue Reading

  By Luo Shanshan, People’s Daily The 8th China International Import Expo (CIIE) will convene in Shanghai from Nov. 5 to 10. This year’s event will bring together 155 countries, regions, and international organizations, featuring 4,108 overseas enterprises and covering an exhibition area of more than 430,000 square meters –Continue Reading