Tazania’s current natural gas reserves now stand at about 55 trillion cubic feet (tcf) following new deep sea discoveries off its southern coast. According to the East African nation’s energy minister, George Simbachawene, natural gas resources discovered in the country increased by 18 percent to 55.08 tcf in April 2015, from 46.5 tcf in June 2014.
The United Republic of Tanzania has the second largest economy in East Africa, and the Twelfth largest in Africa. A great contributor to this is its agricultural sector, which accounts for 24.5 percent of the country’s GDP, 85 percent of exports and over half of the employed workforce. The country had relied heavily on this sector to drive its economy, but the emergence of natural gas is expected to change that narrative. Commercial production is scheduled to begin in September this year and expectations are high that the new commodity will rival the dominance of agriculture and enhance living conditions. Read more →
A.P. Moeller-Maersk A/S, owner of the world’s largest shipping container line, is seeking to win contracts to build and upgrade ports in Nigeria and Kenya as the Danish company expands its African operations.
Maersk is awaiting a final sign-off on a contract to help build a new port in Badagry in Nigeria’s southern Lagos state, according to Lars Reno Jakobsen, the company’s senior vice president for Africa.
“That project, once its been finalized could be more than $2 billion in terms of investment,” he said in an interview at the World Economic Forum in Cape Town on Friday. “Hopefully we can start some time this year. It will provide capacity, not only for containers, but also for oil, break-bulk and offshore.” Read more →
After the disappointing lack of adoption suffered by Google Health and Microsoft HealthVault, many observers declared personal health records (PHRs) a non-starter, while others predicted that any progress toward personal control over health data would require a radically new approach.
Several new stabs at a PHR are emerging, of which Flow Health shows several promising traits. The company tries to take advantage of–and boost the benefits of–advances in IT standards and payment models. This article is based on a conversation I had with their general counsel, David Harlow, who is widely recognized as the leading legal expert in health IT and health privacy and who consults with companies in those spaces through the Harlow Group. Read more →
From shaking up Nigeria’s fashion scene to striking it rich in the oil business, Nigerian billionaire Folorunso Alakija has tasted success in all walks of life.
The former banking executive-turned-fashion designer-turned oil magnate is one of the west African country’s most accomplished businesswoman, boasting a long and successful career in several fields.
In recent years, the 61-year-old has been dedicating her time to give back and help those in need as an author and philanthropist — in 2008, she launched the Rose of Sharon foundation, a non-governmental organization that provides for widows and orphans across Nigeria. Read more →
Siemens, the largest engineering company in Europe, is set to construct gas and wind power plants in Egypt after the German engineering firm was awarded contracts valued at $9 billion for these projects, it emerged on Wednesday.
Described as the biggest single order in its history, the contract is poised to bolster Egypt’s power production, increasing the North African country’s power production capacity by 16.4 gigawatts. Read more →
General Electric (GE), a 123-year old American Conglomerate with operations in 130 countries around the world, is gearing up to further exploit the economic potentials inherent in sub-Saharan African markets, especially Nigeria and Ethiopia. At the ongoing World Economic Forum (WEF) on Africa, GE said it would increase its capital outlay to $10 billion over the next half-decade.
The conglomerate will target power, health and locomotive opportunities in several African countries. Nigeria, its prime target, offers a ready market with the numerous gaps in infrastructure and a new government looking to drive “change.” Read more →
Mindfulness meditation improved sleep quality for older adults with moderate sleep disturbance compared with a structured program focused on changing poor sleep habits and establishing a bedtime routine (Black DS et al. JAMA Intern Med. doi:10.1001/jamainternmed.2014.8081 [published online February 16, 2015]).
A recent study suggests meditation may improve sleep quality in older adults.
According to worldometers.info, the population within South Africa sits at just over 53 million individuals. To add to the figures, Nigeria currently has over 183 million individuals populating its city’s.
Africa has always been viewed as a continent that isn’t very connected in terms of internet speeds and the number of users – compared to other parts of the world. However, the latest statistics say otherwise. Read more →
Social media giant, Facebook, has revealed that it has now set its sight’s on Senegal – in order to launch Internet.org as well as more than a dozen free basic services within the country.
According to Facebook, the services will be available to will be available to Tigo SIM card holders. Facebook originally launched Internet.org with the intention of bringing Internet access to two thirds of the world that are not connected.
Senegal is the sixth country in Africa where Internet.org is available. Internet.org is currently available in 13 countries, which includes: Zambia, Tanzania, Ghana, Kenya, Colombia, Guatemala, India, Bangladesh, Indonesia, Philippines, Malawi, Pakistan, and Senegal. Read more →
Using less than a drop of blood, a new test can reveal nearly every virus a person has ever been exposed to, scientists reported on Thursday.
The test, which is still experimental, can be performed for as little as $25 and could become an important research tool for tracking patterns of disease in various populations, helping scientists compare the old and the young, or people in different parts of the world.
It could also be used to try to find out whether viruses, or the body’s immune response to them, contribute to chronic diseases and cancer, the researchers said.
“I’m sure there’ll be lots of applications we haven’t even dreamed of,” said Stephen J. Elledge, the senior author of the report, published in the journal Science, and a professor of genetics at Harvard Medical School and Brigham and Women’s Hospital. Read more →