Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria. Mustafa takes over from Mr. Ignatius Ifelayo who served the company meritoriously for seven years. Prior to the new appointment, Mustafa was the Executive Director (Technical) …

Backed by the eradicate malaria initiative, German company BioNTech announces a malaria project comprising the development of an mRNA-based vaccine against the disease and the evaluation of mRNA vaccine production in Africa; The initiative can count on substantial financing by Team Europe, including for the late-stage trials of BioNTech’s project; …

The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG)  company, is lending €25 million over 18 years to Ivoire Hydro Energy (IHE) which will build a 44MW hydro electricity generation plant on the Bandama River near the village of Singrobo in Côte d’Ivoire. Financial close is expected in …