News & Events

Namibia’s President Hage Geingob in his New Year’s messages said, “in 2022 we shall secure the first N$100 million in concession fees from the preferred bidder, bringing immediate relief to the fiscus, and translating the vision of a synthetic fuels industry into immediate foreign direct investment flows.” The government will prioritise key economic interventions and accelerate development through the Harambee Prosperity Plan II.

Read the original article here: https://www.namibian.com.na/108704/read/Namibia-to-scoop-N$100-m-in-concession-fees-soon—Geingob

Mustard Insights raises an undisclosed amount of capital in a pre-seed round of funding aiming to build Africa’s largest data repository. The startup, founded in January 2021 by Lawretta Egba, creates data visualisations and disseminates them to a far-reaching audience through digital and social media channels.

Read the original article here: https://nairametrics.com/2021/12/31/nigerian-data-visualization-startup-mustard-insights-raises-capital-in-a-pre-seed-funding-round/

Sri Lanka agrees to sign a fresh deal with India to lease out the strategic oil tank farm used as a supply base during World War II for another 50 years in the eastern port district of Trincomalee. Out of 99 tanks, 61 tanks would run under the joint venture formed between the Ceylon Petroleum Corporation (CPC) and the local operators of the Indian Oil Company (LIOC).

Read the original article here: https://www.hindustantimes.com/world-news/sri-lanka-s-strategic-wwii-oil-tank-farm-lease-to-india-extended-for-50-years-energy-minister-101640942110167.html