Category archives for: Oil & Gas

Hidden debt scandal could alienate Angola from investor community

Angola President João Lourenço

from PEDRO AGOSTO in Luanda, Angola LUANDA, (CAJ News) – AS Mozambique cracks the whip on officials and cronies allegedly involved in the multibillion-dollar debt scandal, string indications of deals between Angola and global companies involved in the scandal is increasingly bringing to question the credibility of President Joao Lourenco’s already-debatable drive against corruption and […]

Gas findings a game changer for South African economy

Total oil and gas discoveries in South Africa

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – THE recent discovery of gas off the southern coast of South Africa is seen as a great step for the country which still relies on imports of oil and gas despite great reserves believed to be in its soil and waters. Industry experts believe the discovery by the […]

Mixed news for Africa in Trump’s pick at World Bank

David Malpass for World Bank top job

from TRACEY IRVING in Washington, USA WASHINGTON, (CAJ News) – A KEY player from Donald Trump’s 2016 election campaign is set to head the World Bank. Mr Trump has selected US treasury official David Malpass for the role after the surprise resignation last month of bank president Jim Jong Kim. As largest shareholder and the […]

Zimbabwe villagers, fuel firm fight over land

GreenFuel truck in , Chisumbanje, Manicaland, Zimbabwe. Photo supplied

from DANAI MWARUMBA in Mutare, Zimbabwe MUTARE, (CAJ News) – MORE than 100 villagers east of Zimbabwe have dragged an ethanol producer to court in protest of the company occupying their communal land and interfering with farming activities. The villagers in Chipinge, Manicaland Province have petitioned the High Court seeking an order restraining GreenFuel from […]

Maize soap and mixed views at climate summit

Poland's main source of energy - coal

from ANDRZEJ KOWALCYK in Katowice, Poland KATOWICE, (CAJ News) – It was never going to be easy holding a United Nations climate-change meeting in a country that gets 80 per cent of its energy from coal and is planning more of the same. The 24th Conference of Parties (COP24) to the Paris Accord on Climate […]

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