Africa Energy Corp grants incentive stock options as new appointments take effect

13634757664 60081e1191 zAfrica Energy Corp, a Canadian oil and gas exploration company, has granted incentive stock options to the Company's senior executive to acquire 2,500,000 shares of the Company at an exercise price of CAD$0.17 per share. The options will have a five-year term and vest fully after three years

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Egypt expects to raise US$150mn from the IPO of ENPPI

ENPPIWith an aim to raise US$150mn from an initial public offering (IPO), Egyptian government plans to sell 24 per cent stake of the state-owned Engineering for the Petroleum and Process Industries (ENPPI) on the domestic equity market

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China Harbour Engineering Company sign port upgrade contract for Dar es Salaam

china portChina Harbour Engineering Company (CHEC) has signed a contract to upgrade number one to seven berth in Dar es Salaam in Tanzania

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Uganda and Tanzania agree US$3.5bn oil pipeline project

Trans Alaska oil pipeline crossing South fork Koyukuk RiverThe governments of Uganda and Tanzania have signed an agreement to build a US$3.55bn crude oil pipeline, which will boost exports from Uganda

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Djibouti opens most advanced port in Africa

dctDoraleh Multipurpose Port is set to transform shipping in the Horn of Africa

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