Morocco has surpassed South Africa as the biggest exporter of passenger cars on the continent with $7 billion (MAD 65.1 billion) exports made in the car industry at the end of 2018. Morocco’s Automotive industry is growing exponentially each year with car sales exceeding 160,000 units in 2021, and creating over 220,000 direct jobs. According to several
The newly incorporated Nigerian National Petroleum Company (NNPC) Limited has a capitalisation of N200 billion. This emerged yesterday in Abuja when President Muhammadu Buhari received the certificate of incorporation of the firm. Under the recently signed Petroleum Industry Act (PIA), the Nigerian National Petroleum Corporation (NNPC) was expected to transform to a limited liability company,
President Muhammadu Buhari has given the go-ahead to a coalition of anti-graft agencies, including the Nigeria Extractive Industries Transparency Initiative (NEITI), Nigerian Financial Intelligence Unit (NFIU), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) to recover about N2.65 trillion unremitted funds by 77 oil companies
TAQA Arabia, the leading private sector energy distribution group and a subsidiary of Qalaa Holdings, plans to implement solar power plants and gas projects in Sudan. A delegation, headed by Qalaa Holding Chairperson Ahmed Heikal, held a meeting with Head of Sudan’s Sovereign Council Abdel Fattah Al-Burhan, and Prime Minister Abdalla Hamdok in the presence
Africa Energy and Infrastructure Magazine – AEI, is pleased to announce it’s Silver Media Partnership for the 27th edition of Africa Oil Week. In a statement, The Director of Energy Operations, AEI, stated that ‘Africa Energy and Infrastructure Magazine, which has evolved to becoming a showcase of governments, national and international Oil Companies, independents, investors, the G&G community and service providers, which deeply aligns with Africa
AEI is an Africa focused publication, conceived as a response to the skeletal information available on Africa’s energy & Infrastructure. AEI is one of Africa’s trusted knowledge source for Energy & Infrastructure news.