International Monetary Fund

International Monetary Fund

India’s Era Engineering Innovations (EII) has committed an investment of US$5 million into coal-powered energy generation in Zambia following the just-ended Conclave on Indo-Africa Project Partnership in New Delhi.
Commerce, Trade and Industry Minister, Felix Mutati, who led the Zambian delegation to the meeting signed a Memorandum of Understanding (MoU) with EII director, Ajay Mishra over […]

March 24th, 2008 Tags: Africa, China, Coal, coal mine, Company, Delhi, electricity, electricity generation, electricity shortage, Energy, Export, Exports, fuel, High Commission, Hydro, India, Indian Government, International Monetary Fund, Kenneth, Kong, Market, markets, mine, mining, New Delhi, Nova, Ovations, Petroleum, Power, Resources, SHOULD CONSIDER, Solar, Trade, Trade and Industry, Water, Zambia

Guinea, the world’s number one bauxite expor-ter, says it is with-drawing agreements made with a U.S. oil company and a Russian-managed bauxite producer as part of a planned review of minerals contracts. The withdrawals were announced in a government statement read on state television Sunday.

They referred to a production-sharing contract with American oil company Hyperdynamics and […]

April 23rd, 2007 Tags: Africa, Alcan, Alcoa, Aluminium, America, bauxite producer, Company, Export, finance, Guinea, Guinean government, India, International Monetary Fund, mine, Miner, Mineral, Mines, Mines Ministry, mining, National Assembly, Oil, oil reserve, oil reserves, Rusal, Russia, Russian, SUN, West Africa

Angola, sub-Saharan Africa’s second largest oil producer, is seeking to join the Organisation of Petroleum Exporting Countries to reap the gains of being within the cartel, the government has said. “The council of ministers has said it backs Angola joining OPEC,” finance ministry spokesman Bastos de Almeida told AFP Thursday.

“By joining OPEC, Angola will no longer be […]

December 1st, 2006 Tags: Abuja, Africa, Angola, Audi, China, Congo, Cusi, Ecuador, Export, finance, Finance Ministry, foreign oil, Gross domestic product, International Monetary Fund, LME, Luanda, mining, Niger, Nigeria, Oil, oil firms, oil giant, oil producer, oil production, oil revenue, oil revenues, oil wealth, OPEC, Petroleum, Power, Sahara, SAIL, Santos, Sudan, SUN, Venezuela

Asian stocks fell to a five-week low, led by BHP Billiton, Nippon Mining Holdings Inc. and PetroChina CO., on concern copper and crude oil will extend declines amid signs of cooling demand in the U.S., Japan and China.
“The outlook for global growth still doesn’t bode well for commodities demand,” said Angus Gluskie, who helps manage […]

September 13th, 2006 Tags: Aluminum, Angus Gluskie, Asia, Australia, BHP Billiton, China, Christopher Wood, CLSA Ltd., Companies supplying equipment, Copper, Crude Oil, energy supplies, HKD, Hong Kong, Indonesia, Institutional Investor, International Monetary Fund, Jakarta, Japan, JPY, Keppel Corp., Korea Zinc Co., Li & Fung Ltd., Lilian Co, Malaysia, New York, New Zealand, Nike Inc., Nippon Mining Holdings Inc., Oil and Gas, oil and gas industry, oil and gas producer, oil consumers, oil rigs, PetroChina Co., Reebok International Ltd., Santos Ltd., SembCorp Marine Ltd., SGD, Singapore, South Korea, speculation cheaper energy costs, Straits Times, Sydney, Taiwan, the Philippines, Tokyo, United States, Wal-Mart Stores Inc., Woodside Petroleum Ltd.

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