domingo, 12 de abril de 2015

Grupos da China bem posicionados para compra do português Novo Banco

Grupos da China bem posicionados para compra do português Novo Banco

A proposta não-vinculativa mais elevada para a compra do português Novo Banco foi apresentada por um grupo chinês e excede 4 mil milhões de euros, noticiou o Expresso Diário que, no entanto, não identificou o proponente.
O jornal Diário Económico noticia na sua edição de hoje que o Anbang Insurance Group Co., que opera na banca e seguros, e o grupo Fosun International Ltd, que já comprou a companhia de seguros Fidelidade e a Espírito Santo Saúde, apresentaram propostas rondando 4 mil milhões de euros para a compra do banco que ficou com os activos de qualidade do falido Banco Espírito Santo.
O Expresso Diário adiantou que o montante da proposta mais elevada é, mesmo assim, inferior à aplicação de 4900 milhões de euros feita no capital social do Novo Banco, pelo que representará sempre um prejuízo para o Fundo de Resolução que terá ser suportado pelo sistema bancário.
O diário sublinhou que as ofertas, ainda não vinculativas, têm várias condições e desenhos, pelo que não são directamente comparáveis, com alguns concorrentes a defenderem, por exemplo, um aumento de capital do banco.
Até ao final da próxima semana, dez dias depois da entrega das ofertas não-vinculativas, deverão ser escolhidos os candidatos que passam à segunda fase em que será apresentada a oferta vinculativa pelo banco bom saído da falência do Banco Espírito Santo. (Macauhub/CN/PT)

sábado, 11 de abril de 2015

Spanish consortium expecetd to be awarded management of cold-storage facility in Cabo Verde

Spanish consortium expecetd to be awarded management of cold-storage facility in Cabo Verde

A consortium of three Spanish companies is expected to be awarded the management of the cold-storage facility in Porto Grande, in Cabo Verde (Cape Verde) as it was the only candidate to move on to the second phase of the international tender launched by Cape Verdean port management company Empresa Nacional de Portos de Cabo Verde, reported weekly newspaper A Semana.
The technical and financial proposal submitted by the consortium formed by ATMLO, Frigoríficos del Grove and Frescomar, the latter set up in Mindelo for a long time, is still being analysed and a final decision is expected in the next few days.
The cold-storage facility of Porto Grande, inaugurated Tuesday by Prime Minister José Maria Neves, will only come into operation when the committee in charge determine the outcome of the tender, although the cold store machines are already operating.
Co-financed by Cabo Verde and Spain to a total of 12.7 million euros, the facility for storing and processing of fish, vegetables and meats took six years to build.
The president of Empresa Nacional de portos de Cabo Verde, Franklim Spencer, said the facility could receive around 700 tons of fresh produce for the domestic market or for export. (macauhub/CV)

jueves, 9 de abril de 2015

Aga Khan Development Network Mozambique

AKDN’s activities in Mozambique are concentrated in Cabo Delgado, the northernmost, and poorest, province of Mozambique. The Aga Khan Foundation (AKF) supports three programmes in the province: the Coastal Rural Support Programme (CRSP(M)), the Entrepreneur Development Initiative (EDI), and the Bridges to the Future (B2F) programme.
CRSP(M) was initiated in 2001 as an integrated programme of activities in health, education and rural development. It is working in five districts of Cabo Delgado province (Quissanga, lbo, Meluco, Pemba Metuge, and Macomia) with the aim of increasing food security and income generation opportunities, as well as health and education, for rural households, particularly women.
Bridges to the Future (B2F) works to strengthen the human resources of the province. In 2006, it provides scholarships and facilitates internships. English language courses and management training are also being delivered.
The Aga Khan Agency for Microfinance (AKAM) works in concert with AKF’s activities in the same province. Its primary objective is to provide loans to microenterprises and small businesses for income generating activities such as small-scale agricultural, fishing, retail and industrial enterprises.
AKDN has also made investments in the tourism infrastructure, first through purchase of the Polana hotel in Maputo. The Aga Khan fund for Economic Development has made significant investments in the refurbishment of the historic hotel.
Raising Rural Incomes While Revitalising Local Culture

SPOTLIGHT ON SOCIAL DEVELOPMENT

Raising Rural Incomes While Revitalising Local Culture

The vast majority of AKF beneficiaries are small producers whose livelihoods depend on income from selling their crops or the products they make. Their incomes are strongly affected by factors such as the level of technical knowledge, physical distance to markets, uneven competition due to national and international trade policies, devastation of war and limits on productivity caused by environmental degradation. More

Refinery on Horizon for Ethiopia

Africa Oil & Gas: Refinery on Horizon for Ethiopia

An Oil Refinary Sample
An Oil Refinery Sample
An Ethiopian oil marketer, National Oil Ethiopia, is looking to establish a refinery in the Horn of Africa country, eliminating some of the government’s burden of importing costly refined petroleum products from international sources like India and countries in the Gulf region.
When, or if, the refinery moves forward it is slated to have a capacity to produce 20,000 to 30,000 bpd. It was not revealed where the financing for the refinery would come from.(Source: Africa petroleum)

martes, 7 de abril de 2015

MOZAMBIQUE ROWUMA LNG PLANT GOVERNMENT CONCEDES TO COMPANY DEMANDS

Anadarko -The Deepwater Millennium drillship
Anadarko -The Deepwater Millennium drillship

Following negotiations with the American and Italian multinational companies, Anadarko and ENI, the Council of Ministers approved the decree-law establishing the legal and contractual regime applicable to the Liquefied Natural Gas Project (LNG) for areas 1 and 4 of the Rovuma

Basin on the 28th November 2014. Our analysis focuses on four main issues: fiscal stability, the exchange rate regime, unification of the gas-fields and local labor/content. Companies managed to secure their objective of 30 years of fiscal stability, even though Parliament authorized stability in only 10-year increments, by agreeing to a small increase in the production tax in the 2030s and another increase in the 2040s.


lunes, 6 de abril de 2015

Ministries of Energy and Mineral Resources Merge Present New Investment Opportunities

Mozambique Industry: Ministries of Energy and Mineral Resources Merge Present New Investment Opportunities

Anadarko in Mozambique
Anadarko in Mozambique
With Mozambique’s Ministry of Resources and Energy now merged, the country has taken another major step towards its 2025 vision for gas and power development. As the former Deputy Finance Minister, His Excellency Dr. Pedro Couto will clearly have a plan to promote sustainable partnerships for trade with a focus on the country’s balance sheet; however, will there be extra emphasis on regional gas sharing and power sector investment?
With exports of liquefied natural gas projects scheduled to start in 2019, Mozambique has high expectations for its gas sector. Furthermore, the prospects for renewable energy look promising with more than 23TW of possible renewables projects coming online.
However, despite over US$ 3.238 billion of investment in power projects in 2014, the transmission bottleneck continues to impact the social and economic development of the region, threating the bankability of power projects in development. Eskom, African Development Bank, IFC and Southern African Power Pool are amongst the partners addressing transmission and regional distribution to accelerate the country’s industrial development.
EnergyNet (http://www.energynet.co.uk) will host the 4th Annual Powering Africa Mozambique in Maputo from the 7th-8th May 2015 (http://www.poweringafrica-mozambique.com). Participants will be given the opportunity to connect with over 150 senior participants including power developers, financiers, DFIs and transmission partners to discuss market developments, investment opportunities and the viability of project finance in line with the country’s vision 2025 objectives.
Respected stakeholders and major investors confirmed to attend include Eskom, Sasol, AIIM, ACWA Power, SMBC, European Investment Bank, African Development Bank and Tractebel Engineering. Visit http://www.poweringafrica-mozambique.com for more information.
Topics will focus on the new Ministry’s strategies for encouraging investment, natural resources and generation topics in support of Mozambique’s plans to escalate electricity access in line with its future gas economy.

jueves, 2 de abril de 2015

Temane-Secunda Pipeline Expansion Complete

Mozambique Oil & Gas: Temane-Secunda Pipeline Expansion Complete

Temane - Secunda gas Pipeline
Loop Line 1 is already complete
The Republic of Mozambique Pipeline Investments Company (ROMPCO) recently announced the successful completion of a project to expand the existing 865 km of gas pipeline from the CPF at Temane in Mozambique to Secunda in South Africa. The project involved the installation of a pipeline in parallel to the existing pipeline starting from the CPF and running 128 km where it connects back into the main pipeline.
Named Loop Line 1, the expansion project increases ROMPCO’s gas transmission capacity. Loop Line 1 was built to transport gas to customers at the energy hub of Ressano Garcia in Mozambique, including the Central Térmica de Ressano Garcia (CTRG) gas-to-power facility, the Matola Gas Co. and Empresa Nacional de Hidrocarbonetos(ENH). This expansion in capacity enables the generation of more than 400 MW of power at Ressano Garcia. The project marks another milestone in enabling further in-country monetization of gas for Mozambicans.
ROMPCO is a JV between Sasol, Companhia Mocambiçana de Gasoduto S.A., and South African Gas Development Co. (SOC) Ltd. It owns the 865-km pipeline through which the gas purchased from Mozambique is transported to South Africa and to Ressano Garcia in Mozambique. It is a cornerstone of the natural gas project that saw Mozambican gas monetized for the first time.(Africa Petroleum)