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Brazil's Petrobras closes $1.5 bln deal to sell stake in African joint venture
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- Published on Wednesday, 15 January 2020 10:27
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Brazil’s state-controlled oil company Petroleo Brasileiro SA said on Tuesday it had ended its activities in Africa after closing the sale of a 50% stake in Petrobras Oil & Gas BV (PO&GBV), which holds some Nigerian oil assets.
Petrobras, as the company is known locally, said in a filing that it had sold the PO&GBV stake for just under…
Angola holds off on chasing dos Santos' assets abroad - prosecution
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- Published on Wednesday, 15 January 2020 10:16
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Angolan courts have refrained from action to seize billionaire ex-first daughter Isabel Dos Santos’ assets abroad but will not hesitate to do so if necessary, a prosecution spokesman said.
Angola…
France, West Africa to unite forces in fight against Islamist militants
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- Published on Wednesday, 15 January 2020 09:59
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France and five West African states agreed on Monday to combine their military forces under one command structure to fight a growing Islamist militancy in the Sahel region, with Paris committing an extra 220 troops.
Libyan rivals, cajoled by Putin and Erdogan, to hold Moscow peace talks
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- Published on Wednesday, 15 January 2020 10:09
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Libya’s warring leaders were due to hold peace talks in Moscow on Monday with Russia and Turkey urging the rivals to sign a binding truce to end a nine-month-old war and pave the way for a settlement that would stabilise the North African country.
South Africa will embrace private power generation, Ramaphosa says
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- Published on Wednesday, 15 January 2020 09:54
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South Africa will embrace efforts by businesses to generate their own electricity, President Cyril Ramaphosa said on Tuesday, reacting to growing frustration at red tape throttling private power generation.
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