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Chevron also comes up short in Namibia energy exploration
<p><img src="https://biz-file.com/c/2501/762337-208x117.jpg?5" width="208" height="117" alt="A 3D printed natural gas pipeline is placed in front of displayed Chevron logo. Source: Reuters/Dado Ruvic" align="left"><br><span >A 3D printed natural gas pipeline is placed in front of displayed Chevron logo. Source: Reuters/Dado Ruvic&lt;/span><p>Chevron said it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin. The US oil producer said the well called Kapana 1X in the PEL90 block provided valuable information about the basin and the company anticipated it would explore further in Namibia.</p><br> <a href="https://www.bizcommunity.com/article/chevron-also-comes-up-short-in-namibia-energy-exploration-920354a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254664">Send to a friend</a></p><div style="clear:left"></div>
Barrick to suspend operations in Mali after gold seized
<p><img src="https://biz-file.com/c/2501/762156-208x117.jpg?5" width="208" height="117" alt="Souvenir luggage tags are displayed at a Barrick Gold Corp at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada. Source: Reuters/Chris Helgren" align="left"><br><span >Souvenir luggage tags are displayed at a Barrick Gold Corp at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada. Source: Reuters/Chris Helgren&lt;/span><p>Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by helicopter over the weekend. Around three metric tons had been taken from the mining complex in western Mali on Saturday, two sources told Reuters on Monday, with one putting the value of the gold at $245m.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/barrick-to-suspend-operations-in-mali-after-gold-seized-364738a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254613">Send to a friend</a></p><div style="clear:left"></div>
Barrick to suspend operations in Mali after gold seized
<p><img src="https://biz-file.com/c/2501/762156-208x117.jpg?5" width="208" height="117" alt="Souvenir luggage tags are displayed at a Barrick Gold Corp at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada. Source: Reuters/Chris Helgren" align="left"><br><span >Souvenir luggage tags are displayed at a Barrick Gold Corp at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada. Source: Reuters/Chris Helgren&lt;/span><p>Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by helicopter over the weekend. Around three metric tons had been taken from the mining complex in western Mali on Saturday, two sources told Reuters on Monday, with one putting the value of the gold at $245m.</p><br> <a href="https://www.bizcommunity.com/article/barrick-to-suspend-operations-in-mali-after-gold-seized-364738a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254613">Send to a friend</a></p><div style="clear:left"></div>
Shell pulls out of Namibia oil discovery
<p><img src="https://biz-file.com/c/2501/761823-208x117.jpg?5" width="208" height="117" alt="The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver. Source: Reuters/Chris Helgren" align="left"><br><span >The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver. Source: Reuters/Chris Helgren&lt;/span><p>Shell will write down around $400m over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the country's efforts to become a crude producer. Shell told Reuters that discovered oil and gas resources in offshore block PEL39 in Namibia "cannot currently be confirmed for commercial development."</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/shell-pulls-out-of-namibia-oil-discovery-253737a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254520">Send to a friend</a></p><div style="clear:left"></div>
Shell pulls out of Namibia oil discovery
<p><img src="https://biz-file.com/c/2501/761823-208x117.jpg?5" width="208" height="117" alt="The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver. Source: Reuters/Chris Helgren" align="left"><br><span >The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver. Source: Reuters/Chris Helgren&lt;/span><p>Shell will write down around $400m over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the country's efforts to become a crude producer. Shell told Reuters that discovered oil and gas resources in offshore block PEL39 in Namibia "cannot currently be confirmed for commercial development."</p><br> <a href="https://www.bizcommunity.com/article/shell-pulls-out-of-namibia-oil-discovery-253737a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254520">Send to a friend</a></p><div style="clear:left"></div>
#BizTrends2025 Sponsors announced and categories still open for Curating the Future
<p><img src="https://biz-file.com/c/2411/758542.jpg" width="208" height="117" alt="#BizTrends2025 Sponsors announced and categories still open for Curating the Future" align="left"><p>As the first quarter of the 21st century comes to a close, Bizcommunity&#x2019;s annual BizTrends Content Feature will curate thought leadership across 19 sectors on trends most likely to impact the future of business in our region.</p><br> <a href="https://www.bizcommunity.com/article/invitation-to-curate-the-future-with-biztrends2025-sponsorships-and-contributions-922314a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253634">Send to a friend</a></p><div style="clear:left"></div>
Invitation to curate the future with BizTrends2025 sponsorships and contributions
<p><img src="https://biz-file.com/c/2411/758542.jpg" width="208" height="117" alt="Invitation to curate the future with BizTrends2025 sponsorships and contributions" align="left"><p>As the first quarter of the 21st century comes to a close, Bizcommunity&#x2019;s annual BizTrends Content Feature will curate thought leadership across 19 sectors on trends most likely to impact the future of business in our region.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/invitation-to-curate-the-future-with-biztrends2025-sponsorships-and-contributions-922314a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253634">Send to a friend</a></p><div style="clear:left"></div>
How our leaders are solving Africa’s smartphone struggle #AfricaTechFestival
<p><img src="https://biz-file.com/c/2411/757689-208x117.jpg?5" width="208" height="117" alt="Africa Tech Festival 2024 saw some pushback against the traditional beliefs around affordable connectivity." align="left"><br><span >Africa Tech Festival 2024 saw some pushback against the traditional beliefs around affordable connectivity.&lt;/span><p>Efforts to make smartphones more affordable in Africa are facing several unique challenges. It is not as simple as subsidising devices, there are prohibitive costs and gaps in local manufacturing. <i>Bizcommunity</i> gathered comment from industry leaders and policy makers who gathered at Africa Tech Festival 2024 to discuss these issues and explore solutions, including manufacturing models and revised regulatory approaches.</p><br> <a href="https://www.bizcommunity.com/article/solving-africas-smartphone-cost-struggle-700692a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253432">Send to a friend</a></p><div style="clear:left"></div>
#ATF24: Solving Africa’s smartphone cost struggle
<p><img src="https://biz-file.com/c/2411/757689-208x117.jpg?5" width="208" height="117" alt="Africa Tech Festival 2024 saw some pushback against the traditional beliefs around affordable connectivity." align="left"><br><span >Africa Tech Festival 2024 saw some pushback against the traditional beliefs around affordable connectivity.&lt;/span><p>Efforts to make smartphones more affordable in Africa are facing several unique challenges. It is not as simple as subsidising devices, there are prohibitive costs and gaps in local manufacturing. <i>Bizcommunity</i> gathered comment from industry leaders and policy makers who gathered at Africa Tech Festival 2024 to discuss these issues and explore solutions, including manufacturing models and revised regulatory approaches.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/solving-africas-smartphone-cost-struggle-700692a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253432">Send to a friend</a></p><div style="clear:left"></div>
Big benefits of investing in Africa’s upstream sector
<p><img src="https://biz-file.com/c/2411/756869-208x117.jpg?5" width="208" height="117" alt="Fiyinfolu Okedare is director at Forvis Mazars in Nigeria" align="left"><br><span >Fiyinfolu Okedare is director at Forvis Mazars in Nigeria&lt;/span><p>Southern and West Africa have emerged as significant players in the upstream oil and gas sector on the global energy landscape. Companies with a proven record in the regions stand ready to attract substantial investments, particularly those with a history of operational success spanning five to ten years. Investors typically seek out companies with a demonstrable history of successful operations, as this minimises risk and enhances the likelihood of profitable returns. In both Southern and West Africa, several companies have established strong footholds through their commitment to operational excellence and sustainable practices.</p><br> <a href="https://www.bizcommunity.com/article/big-benefits-of-investing-in-africas-upstream-sector-033035a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253197">Send to a friend</a></p><div style="clear:left"></div>