Sales agents being trained to sell new VELUX solar lamps in three African nations

A solar lamp that won the VELUX Natural Light International Design Competition last year is being manufactured, and 14,500 of them will be available for sale to residents of Senegal, Zimbabwe and Zambia. The lamp was designed by Mariana Arando and Luca Fondello of the University of Buenos Aires, Argentina. The next step for the company is training 150 locals in those respective countries to act as VELUX sales agents Read More »

Nigeria's petroleum minister discusses subsidies, supply issues

Nigeria Minister of State for Petroleum Resources Ibe Kachikwu has been working over the past week with officials from the NNPC to ensure that an adequate supply of petroleum is kept flowing to not only the nation's cities, but also to both rural and outlying areas. Over the holidays, Kachikwu and NNPC oversaw the trucking of more than 22 million liters of petroleum across Nigeria. Read More »

African Gold Group sells Ghana subsidiary

AGG Inc. is selling its Ghanaian subsidiary to help pay for a feasibility study of its exploration site in Mali. SGL will buy AGG Ghana Limited for $1.2 million in cash. In acquiring AGG Ghana, SGL will take control of up to eight AGG assets in Ghana, including the 176-square-mile Asankrangwa Tenements and AGG's Nyankumasi concession. SGL paid a $200,000 deposit to secure the deal. Read More »

WMO reviews West Africa connection project

The WMO detailed the progress of its four-year project to help farmers in West Africa utilize meteorological tools. The MetAgri Operational project consisted of seminars that had participation from approximately 10,600 farmers; and 17 countries were represented in the form of participating National Meteorological and Hydrological Services, agricultural extension workers and farmers. Read More »

Lagarde issues statement following Nigeria visit

IMF Managing Director Christine Lagarde issued a statement following her visit to Nigeria Thursday. Lagarde noted that Nigeria makes up the largest economic block in Africa and that it has a diverse economy that is no longer reliant on oil and agriculture. Lagarde met with Nigerian Finance Minister Kemi Adeosun, Central Bank Governor Godwin Emefiele and President Muhammadu Buhari. Read More »