Updates

Niger state to meet bondholders on debt restructuring

Thu Jun 30, 2016/Reuters Nigeria’s Niger state plans to seek bondholders’ approval next month to restructure its 21 billion naira ($74 mln) worth of debt, its adviser said on Thursday, as it seeks ways to ease strains caused by a plunge in crucial oil revenues. Niger, which lies in northwestern […]

Nigeria signs $80 bln of oil, gas infrastructure deals with China

Thu Jun 30, 2016/Reuters Nigeria has signed oil and gas infrastructure agreements worth $80 billion with Chinese companies, the West African country’s state oil company said on Thursday. Nigeria, an OPEC member which was until recently Africa’s biggest oil producer, relies on crude sales for around 70 percent of national […]

Privinvest Comments on Mozambique Maritime Contracts

June 30, 2016/Privinvest In 2014 a think-tank chaired by Kofi Annan had estimated that Africa lost $20bn a year on fishing and logging, with Mozambique one of the worst sufferers Privinvest has noted recent inaccurate comments in the media with regards to maritime programs executed by Privinvest for entities owned […]