Daily Archives: October 4, 2018
Oil And Gas Export Sales Up 35% To $416m In June
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month.
Hilton Launches ‘Big Five’ For Sustainable Travel And Tourism Across Africa
Hilton has announced an initial investment of $1 million to drive sustainable travel and tourism in Africa. To do so, the company will focus on five key areas – Hilton’s Big Five:
Youth Opportunity: investing in training and apprenticeship programs to build a strong talent pipeline and tackle identified challenges for youth, including underemployment
Water Stewardship: the expansion of existing partnerships and the creation of new alliances to help Hilton achieve its goal to reduce its water consumption by 50 per cent and activate 20 context-based water projects in at-risk communities by 2030.
Growth in Sub-Saharan Africa is Slower than Expected … Investments In Non-Resource Sectors, Jobs, Efficient Firms, Workers Are Needed
Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the World Bank. The average growth rate in the region is estimated at 2.7 percent in 2018, which represents a slight increase from 2.3 per cent in 2017.
