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Tag Archives: Africa

Black Gold Buccaneers: Oil Piracy in the Gulf of Guinea

Marissa Hall | Shale Plays Media The frequency of piracy attacks in the Gulf of Guinea has increased at an alarming rate in recent years. According the United Nations’ 2013 Transnational Organized Crime threat assessment for West Africa, piracy in the Gulf “is a product of the disorder that surrounds the regional oil industry.” Nigeria, which produces well over 2 ...

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Ebola fear factor threatens to dampen African business buzz

Pascal Fletcher JOHANNESBURG (Reuters) – From Accra to Windhoek, fear of the Ebola epidemic is provoking a wave of cancellations of business and investment events across Africa, and threatening to taint the continent’s hard-won image as a rising economic star. A canceled visit by Brazilian executives to Namibia typifies the problems of perception raised for African countries which are remote ...

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Obama to announce $14 billion in U.S. corporate investments in Africa

Jeff Mason & Lesley Wroughton WASHINGTON (Reuters) – President Barack Obama will announce on Tuesday that U.S. businesses have committed to investing $14 billion in construction, clean energy, banking, and information technology projects across Africa, a White House official said. The announcement will occur at the U.S.-Africa Business Forum, part of a three-day Africa summit in Washington meant to showcase ...

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Natural gas fuels Tanzanian growth

Zachary Toliver | Shale Plays Media In America, natural gas may have an arguable economic worth. Yet in the African country of Tanzania, natural gas consumption is saving the country hundreds of millions of dollars. All Africa reports that over the past ten years, revenues accumulated from natural gas use totals $265 million. Due to the reduction of imported fuels ...

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CU-Boulder, NCAR awarded $1.5 million EPA grant to study cooking pollution

Sarah Kuta | The Boulder Daily Camera Researchers at the University of Colorado and the National Center for Atmospheric Research plan to measure pollution caused by residential cooking with a new $1.5 million grant from the Environmental Protection Agency. Exposure to cookstove emissions ranks as one of the top overall health risk factors in developing countries, according to a news ...

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Oil company, group agree on Congo park plan

The Associated Press GENEVA (AP) — An agreement announced Wednesday between a London-based oil company and a wildlife protection group could prevent oil drilling in a national park in Africa where 200 endangered mountain gorillas live. A joint statement by SOCO International PLC and Switzerland-based WWF said there will be no exploratory drilling in Congo’s Virunga National Park, which is ...

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