The moving forward of the Lake Albert Development Project, and its export pipeline, is a major step forward de-risking other potential oil & gas projects in East Africa The recent acquisition by Total of Tullow Oil’s entire interests in the Lake Albert Development Project in Uganda, including the East African Crude Oil Pipeline, marks the…
Like it or not the coronavirus has fundamentally changed the way we live our lives, possibly for good. In this brand-new world, a trip to the grocery store, once so harmless and carefree, now elicits paranoia and distrust. Touching or being too close to someone has become unthinkable, the virus lurks everywhere, so we keep…
South Africa’s weeks long lockdown is set to be eased, but only just. Addressing the nation on Thursday evening, President Cyril Ramaphosa said the lockdown will be lifted in phases to ensure lives are saved but also to get the economy moving again, “our people need to eat, they need to earn a living” Mr…
The coronavirus pandemic is having a devastating effect on healthcare systems around the world, in South Africa a team of doctors have designed a device that protects frontline healthcare workers from being infected with the virus –it’s called the Intubox. We have been finding out how innovation is being used to combat the virus.
The global aviation industry is facing a battering as the deadly coronavirus pandemic continues wreak havoc with the world economy. With so many countries around the world in lockdown, planes have been grounded, leisure and business travel has been halted, leaving the aviation sector teetering on the brink. According to the International Air Transport Association, airlines are…
Local content policies and localization strategies cannot be forgotten in the pursuit of investment and efficiency (By Verner Ayukegba) Africa is at an energy cross-road. On one hand, the most talented, better educated, most entrepreneurial and competitive generation the continent has ever had is rising and taking on leadership positions that will propel African companies…
(By Sebastian Wagner) Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market back in the day. Now, in the shale oil era, not so much. I would argue that OPEC can safely state that reports of its…
The Private sector-led Coalition Against COVID-19 (CACOVID) has ordered for 250,000 supplies for tests and another 150,000 extraction kits to fast-track molecular testing for the deadly coronavirus, noting that the reality of the situation at hand was such that efforts must be put together with no stone left unturned in dealing with the scourge. The…
Africa’s Aviation Industry is set to experience massive losses due to the ongoing Covid-19 pandemic. Mansa Media explores.
With the COVID-19 pandemic and economic slowdown threatening the lives and livelihoods of the world’s most vulnerable people, the UN’s International Fund for Agricultural Development (IFAD) today committed US$40 million, and launched an urgent appeal for additional funds, to support farmers and rural communities to continue growing and selling food. IFAD’s new multi-donor fund, the COVID-19Rural Poor…
With the city of Lagos under lock-down to contain the spread of Covid-19, Mansa Media explores the effect this will have on Nigeria’s economy.
Africa is the biggest winner from the International Monetary Fund’s first batch of debt relief as 19 countries from the continent will get access to grants in order to mitigate the impact of the coronavirus pandemic. This fell short of requests by other African countries to bilateral and multilateral lenders to give them a break…
South Africa is currently on a 21-day lockdown as it continues to battle the deadly Coronavirus. While the entire economy is battling to stay afloat, township businesses are particularly vulnerable. We went to Soweto, the largest township in the country to find out how enterprises in the area are coping.
It has been over a week since South Africa went into a 21-day lockdown to fight the spread of the deadly Coronavirus and the divide between the haves and the have nots could not be more clear. To curb the disease, health officials advocate social distancing, frequent hand washing and staying at home. For the…
The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis. Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism. Among these are 2.7…
Ethiopia has issued a new directive that allows diaspora and local enterprises engage in provision of mobile money services. The directive has however prohibited the entry of foreign companies in the sector- a roadblock for companies like M-PESA that have been planning to enter into the Ethiopian market this year. According to the directive, the…
Less than a month ago, on March 9th, a Tweet from US President Donald Trump remarked, “Last year 37,000 Americans died from the common flu. Nothing is shut down, life and the economy go on…” Hubris? Ignorance? Call it what you will, one thing’s for sure. Less than one month later, New York looks like…
Coronavirus is likely to delay the water filling of Ethiopia’s biggest dam on the River Nile by one year, a top government official working at the country’s Ministry of Water, Irrigation and Electricity revealed. Contractors involved in metal construction works at the dam are not getting inputs needed to make the dam ready for water…
Ethiopian Airlines, Africa’s most profitable carrier, has suspended 60% of its passenger fleet in fear of the spread of the coronavirus. The Airlines which has been operating over 125 aircrafts with less than five years of age is also expected to delay its order of over 40 planes. While the measure is taken due to…
The proposed assistance will be channeled to the Intergovernmental Authority on Development (IGAD) AThe Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are threatening livelihoods and…