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AEGO News Archive

AEGO Daily News


AEGO NewsFlash Cameroon: Mount Cameroon Inspired Me - CNN Award Winner

01-06-2009   interview
She went in for the CNN Multi-choice African Journalist Awards 2008 like any other contestant. The outcome was uncertain but there was something to hang on - hope! After many years into the art of making radio documentaries, the moment of glory came for the Cameroonian-born radio entertainer, Evaline Ngono, on July 19, 2008, at the State Banquet Hall, Osu in Accra, Ghana. Ngono came into the international spotlight when it was announced that one of the two documentaries she forwarded, titled; "Mythe Et Realite Du Mont Cameroun" [The Myths and Realities of Mount Cameroon] had won an award in the many categories at the prestigious CNN Multi-choice African Journalist Awards 2008. While the dust around the awards are yet to settle, Ngono was in Buea at the close of 2008 to present the "booty" to a cross section of the people and why not to the ancestors of the region that inspired her to ultimate victory. In the course of the ceremony, she spoke exclusively to The Post.
 read whole article...
AEGO NewsFlash Libya signs USD 400 million tanker deal

01-06-2009   Libya's national maritime transport company has signed deals worth USD 400 million for the purchase of 6 oil tankers. The contracts were signed with Samsung Heavy Industries and Sasebo Heavy Industries.  read whole article...
AEGO NewsFlash Efforts to facilitate trade between Malta and Libya intensified

01-06-2009   Efforts to assist and facilitate trade promotion between Malta and Libya have been intensified, the Foreign Affairs Ministry said.
It said in a statement that the commercial section of Malta's Embassy in Tripoli, which was also the representative office of Malta Enterprise in Libya, last year intensified its efforts to strengthen its network and activities at a time when the Libyan economy was passing through great changes.
 read whole article...
AEGO NewsFlash Cooperation with Kazakhstan

01-06-2009   The meeting was held in the office of administration committee secretary of chamber of trade and industry with Mr. Ergan, the official in charge of affairs of Kazakhstan republic  read whole article...
AEGO NewsFlash Follow-up to the completion of studies and design projects for the development of the Zuwarah - Bokmash

01-06-2009   Follow-up to the completion of studies and design projects for the development of the Zuwarah - Bokmash in the presence of the chairman Council of development administration engineer, "Saadi Muammar Gaddafi".  read whole article...
AEGO NewsFlash Gambia: Niger's Youth And Sports Minister Meets VP

01-05-2009   Assan Sallah Abdourahman Saidou, the Minister of Youths and Sports in Niger, yesterday, called on Aja Dr Isatou Njie-Saidy, vice president and secretary of state for Women's Affairs, at her office, at State House in Banjul.  read whole article...
AEGO NewsFlash The exported Libyan crude oil Quantities during the period from Dec the 26 th to Jan the 1st.

01-05-2009   The Oil National Corporation announced that the quantities of exported oil from the Libyan crude oil during the period from Dec the 26th to Jan the 1st reached to (9.468.000) nine million four hundred and sixty-eight thousand barrels .  read whole article...
AEGO NewsFlash GECOL announces the existence of the installation of (RTU) on the lines of 11 kv.

01-05-2009   The General electricity company declare on the works existence of the installation of (RT U) on the 11 kV lines  read whole article...
AEGO NewsFlash American Ambassador Arrives in Tripoli, the First in 36 Years

01-05-2009   The first US ambassador to Libya in three decades arrived in Tripoli on Saturday, in a further sign of the two nations' improving ties.
Gene Cretz, a career US diplomat whose foreign postings have included Tel Aviv, Damascus, Cairo, Islamabad, New Delhi, and Beijing, said he would strive to broaden links between Tripoli and Washington.
 read whole article...
AEGO NewsFlash Libya inks $400m tanker deal

01-05-2009   Libya's national maritime transport company has signed deals worth $400 million for the purchase of six oil tankers, said a news report.  read whole article...
AEGO NewsFlash Nigeria: After 240 Trafficked Kids Return to Niger Republic - 30 Nigerien Kids Smuggled Into Country Arrested

12-30-2008   Niger State is fast becoming a Mecca to citizens of neighbouring Niger Republic as they troop into the state in their numbers in search of greener pastures.  read whole article...
AEGO NewsFlash Oil Companies Working in Libya Ordered to Cut Production by 270,000 BPD

12-30-2008   Libya has ordered oil companies operating in Libya to cut production by 270,000 BPD effective from Jan 1, more it was requested to do under OPEC production cuts agreement, according to an announcement by the Chairman of the Administrative Committee of the National Oil Corporation.  read whole article...
AEGO NewsFlash Gambia: 'Economic Recession, a Global Problem'

12-30-2008   Musa Ndow Deputies at the National Assembly has described the economic recession as a global problem that has not only affect the Gambian economy but all economies around the world.  read whole article...
AEGO NewsFlash Eric Waugh: What's in store for all of us in a year of deepening uncertainty

12-30-2008   New Year celebrations are a fraud because the midnight hour is pushed forward or back with every time zone. But one thing is certain about this new year - in Crumlin or Kalgoorlie: its uncertainty.  read whole article...
AEGO NewsFlash Facing land crunch, China exports farmers to Africa

12-30-2008   Liu Jianjun is wearing a brightly coloured African tunic, the tall hat of a tribal leader, a string of red beads round his neck and carrying a stick with a secret knife in the handle. Beside him sits a portrait of Chairman Mao Zedong. It is a slightly incongruous scene but one that mirrors the ever-closer relationship between Asia's economic giant China and the world's poorest continent.  read whole article...
AEGO NewsFlash Eritrea: President Isaias Holds Talks With Sudanese Presidential Assistant

12-29-2008   Asmara - President Isaias Afwerki received and held talks last night with a Sudanese government delegation headed by Mr. Mni Arko Minawi, Sudanese Presidential Assistant.  read whole article...
AEGO NewsFlash The National Marine Transport Company bought (6) Oil carriers.

12-29-2008   The National Marine Transport Company signed contracts of buying (acquisition) six Crude Oil carriers (Tankers) as one new group on Sunday and Monday 21&22/12/2008 they will be joined to the Libyan fleet of the 12 giant Oil carriers which are bought recently by the company.  read whole article...
AEGO NewsFlash Libya orders six oil tankers worth USD 400 million

12-29-2008   Libya's General National Maritime Transport Company has announced the purchase of six 6 tankers valued at a total of USD 400 million. Four tankers will be built by Samsung and other two by Sasebo, will have total capacity of 700,000 tonnes.  read whole article...
AEGO NewsFlash A report about the activity of Libyan Investment Board (L.I.B)

12-29-2008   A report about the activity of Libyan Investment Board indicated that tourism sector leads the investment projects in Libya. The report showed the range of extension in the size of the investment projects after the issuance of decision No.5/1997 and starting the Board work according to law that issued on 2000 which resulted number of investment projects in many aspects reaching 82 projects during the period from 2003 to 2007.  read whole article...
AEGO NewsFlash Signature of Understanding note between General Egyptian Board for Oil and the Holding Libyan Company for Oil

12-29-2008   The General Egyptian Board for oil and the Holding Libyan Company for Oil have signed an understanding note on lat Wednesday about the joint investment for building anew Oil Refinery by refinery energy reaching (250000)two hundred and fifty thousand barrel/day.  read whole article...
AEGO NewsFlash First U.S. ambassador in 36 years arrives in Libya.

12-29-2008   The first U.S. ambassador to Libya in three decades arrived in Tripoli on Saturday, in a further sign of the two nations' improving ties.  read whole article...
AEGO NewsFlash Secretary of GPC: Libyan-Tunisian integration achieved joint projects

12-29-2008   The Secretary of the General People's Committee said in line with keenness of the Leader of the Revolution and his brother President Zine al-Abidine bin Ali the Libyan-Tunisian integration has achieved several joint projects that are cited in the Arab countries.  read whole article...
AEGO NewsFlash GPC Secretary met Egyptian Delegation

12-29-2008   GPC secretary met the Egyptian Minister of Housing & Construction Development and Minister of Oil and their accompanied delegation who are visiting the Great Jamahiriya these days.  read whole article...
AEGO NewsFlash Libya,Japan to discuss the prospects for cooperation between the two countries

12-29-2008   The Secretary General People's Committee for manpower, training and employment met in Tripoli with a member of consulters Council at the Japanese parliament and former Minister of State for Science and Technology and his accompanying delegation who is visiting the Libya these days.  read whole article...
AEGO NewsFlash Proceedings of Joint Libyan- Tunisian Higher Executive Community Gets Underway.

12-29-2008   The biyearly Joint Libyan- Tunisian Higher Executive Committee session commenced today in Tripoli chaired the Secretary of the General People's Committee and the Tunisian Prime Minister.  read whole article...
AEGO NewsFlash Chad: UN Envoy Visits to Assess Humanitarian Situation, Meet With Local Leaders

12-23-2008   The United Nations envoy for Chad has just concluded a mission to the eastern town of Dogdoré to assess humanitarian challenges there resulting from internal strife, rebel activity and a spill-over from the conflict in neighbouring Darfur.  read whole article...
AEGO NewsFlash Tunisia: Tunisia is the recipient of the United Nations South-South Cooperation Prize

12-23-2008   Tunis - Tunisia has received yet another distinction from a major international body.The United Nations has awarded Tunisia with the South -South cooperation Prize.  read whole article...
AEGO NewsFlash Uganda: Country and South Sudan to Construct Road-Link

12-23-2008   Joel Ogwang
Kampala - THE governments of Uganda and South Sudan have agreed to open a road link through Kaabong in north-eastern Uganda to boost cross-border trade.
 read whole article...
AEGO NewsFlash The GPC for the education held its 12th regular meeting in Tripoli.

12-23-2008   The General People's Committee for the education held its 12th regular meeting today in Tripoli.  read whole article...
AEGO NewsFlash Science and Required Reserves

12-23-2008   Electronic Economic Forum newspaper mentioned that the indicator of Libyan Stock Market has closed at the end of last week on level of 784.6 points raising by 7.25 points and rte of 0.93% compared with its opening in the beginning of the week.  read whole article...
AEGO NewsFlash To facilitate the customs procedures witnessed in Libya.

12-22-2008   The Customs Department held a meeting yesterday morning at the Institute of customs training and studies in Tripoli to discuss the allocation of many topics related to functioning of the customs outlets in particular land and sea.  read whole article...
AEGO NewsFlash OPEC incumbent president associates low oil prices with the rise of American oil storage

12-22-2008   The current incumbent president of OPEC '' Shakieb Khalil '' associated the low oil prices to reach less than ( $ 34 ) with the rise in the American oil storage to record levels during this week.  read whole article...
AEGO NewsFlash Libya , Spain sign memorandums of understanding

12-22-2008   At the conclusion of the Libyan-Spanish Joint Committee meeting, Libya and Spain signed a number of memorandums of understanding to boost bilateral cooperation relations.  read whole article...
AEGO NewsFlash Libyan-Spanish Joint Committee holds 5th meeting in Madrid

12-22-2008   The Libyan-Spanish Joint Committee today held in the Spanish capital city of Madrid its 5th meeting to promote cooperation relations between both friendly countries in all areas.  read whole article...
AEGO NewsFlash NOC Secretary says: Libya started to purchase Shares fro m Eni Company

12-22-2008   NOC Secretary Dr. Shokri Ganem said on 20/12/2008 Libya started to purchase some shares from Eni company( the great Italian company) and added that Libya will not purchase these shares according to limited time but we purchase according to the shares prices.  read whole article...
AEGO NewsFlash Sudan: Can Local Investors Beat Foreign Investment?

12-19-2008   Blake Evans-Pritchard
Khartoum - Sudan is hoping to use foreign cash to reinvigorate its under-performing agricultural sector, but there is growing disagreement over the extent to which outsiders, rather than local farmers, should be taking control of the industry.
 read whole article...
AEGO NewsFlash Nigeria: Minister Wants Mines, Steel as Mainstay of Nation's Economy

12-19-2008   Leon Usigbe
Following dwindling fortunes of the oil and gas sector, the new Minister of Mines and Steel Development, Diezani Allison Madueke has expressed her determination to turn around the mines and steel to be the mainstay of the nation's economy.
 read whole article...
AEGO NewsFlash Nigeria: Potentiality of 2009 Budget

12-19-2008   Dapo Williams
opinion
Lagos - Striking a delicate balance between deft managment, realism and sop, Budget 2009 is surely encapsulated in some renewed hope not only to concretely empower the citizenry, but also to ensure that Nigeria, the world's largest Black democracy can consumate its grand vision of becoming one of the burgeoning and most resilient 20 economies by 2020.
 read whole article...
AEGO NewsFlash Nigeria: Solution to Global Meltdown is Vibrant Strategy - Expert

12-19-2008   Samuel Aruwan
Kaduna - Nigeria's solution to the global meltdown currently said to be a threat to emerging economy has been attributed to the introduction of robust economic strategy under which human and natural resources can be harnessed to achieve maximum opportunity.
 read whole article...
AEGO NewsFlash Assembly approves Budget 2009

12-19-2008   The National Assembly yesterday morning approved the proposed budget for 2009. The budget for a proposed sum of R2,412,213,000 was approved by the members of the majority party after members of the opposition abstained when it was time to vote on its general principles and merits.  read whole article...
AEGO NewsFlash Rwanda: Malian Delegation Here for UN Programme Study Tour

12-18-2008   Joseph Mudingu
Kigali - A high level joint Government and UN delegation led by Malian Minister of Foreign Affairs and Development Cooperation, Moctar Ouane, arrived in Kigali over the weekend to learn from the Rwandan experience of UN reforms.
 read whole article...
AEGO NewsFlash CNPC Shows Interest in Verenex's Libyan Assets.

12-18-2008   Verenex Energy is seeing interest from as far away as China as Asian state-owned firm China National Petroleum Corp. (CNPC), is said to be bidding for the company. When asked by Petroleum Africa if an offer had been received, Verenex responded by saying that it was company policy not to "comment on rumors and specific companies."  read whole article...
AEGO NewsFlash Conference on water for agriculture and energy in Africa scientific session kicked off.

12-18-2008   The International Ministerial Conference on Water for Agriculture and Energy in Africa, which is being in Sirt and held under the theme "Challenges of Climate Change", began its scientific session on (Food and energy demand expectations until 2015, deductions for 2030-2050, determining investment requirements to control waters in Africa, funding mechanism and strategy for controlling waters in Africa.  read whole article...
AEGO NewsFlash Libya to List 10 Companies on Bourse to Boost Economy

12-18-2008   Libya, the North African nation constrained by international sanctions for two decades, plans to sell shares in more state-owned companies as the government seeks to boost the economy and develop the bourse set up last year.  read whole article...
AEGO NewsFlash Discuss various areas of investment between the Libya and Portugal

12-18-2008   The Executive Director of the Libyan Investment Corporation met with the Minister of Economy of Portugal and his accompanying delegation who is visiting Great Jamahiriya yesterday in Tripoli.  read whole article...
AEGO NewsFlash Burkina Faso: Environment Takes Centre Stage As Country Celebrates 48th Independence Anniversary

12-17-2008   Even though Ghana is more endowed with forest resources and a friendlier environment compared to neighboring Burkina Faso that semi-arid country has obviously fared better in its environmental protection effort over the years.  read whole article...
AEGO NewsFlash Guinea Bissau: 2008-09 School Year Yet to Start

12-17-2008   Bissau - Two months after the 2008-09 school year should have begun students in Guinea-Bissau's public schools are still waiting to return to class, held up by a lack of basic equipment and now a teachers strike.  read whole article...
AEGO NewsFlash GPC secretary meets chairman of African development bank

12-17-2008   GPC secretary, governor of Central Bank of Libya and chairman of Libya Africa investment wallet met the chairman of African development bank  read whole article...
AEGO NewsFlash Libya, Portugal to cooperate in the field of renewable energies

12-17-2008   The Secretary General People's Committee for Electricity, water and gas discussed yesterday in Tripoli with Portuguese Minister of Economy the ways to support the Portuguese Libyan cooperation in the field of renewable energies  read whole article...
AEGO NewsFlash A meeting between GPC for Agriculture and Animal resources and Islamic development bank

12-17-2008   The Secretary of GPC for Agriculture and Animal Resources held meeting with head of the department of Islamic development bank on the margin of the international ministerial Conference on Water for agriculture and energy in Africa, held in Sirte.  read whole article...
AEGO NewsFlash Libyan company for Iron and steel: 238 million dinars surplus activity.

12-17-2008   The General Association for a Libyan company for Iron and Steel held regular meeting this year on Sunday in Tripoli.  read whole article...
AEGO NewsFlash Conference on water for agriculture and energy started in Libya.

12-17-2008   The workers of the international ministerial conference on water for agriculture and energy at Africa in Sirte.
the conference held under the theme "the challenges of climate change," organized by General People's Committee for Agriculture and animal wealth, in cooperation with the international Organization for Food and Agriculture Organization of the United Nations (FAO) as the current president of the United Nations bodies on water, the African Union and the Council of Ministers of the African Water And the African Development Bank and the Economic Commission for Africa.
 read whole article...
AEGO NewsFlash Italy's Eni welcomes proposed Libyan investment

12-12-2008   Italy's largest natural gas and oil company said Thursday that it welcomed any Libyan investment in the company.  read whole article...
AEGO NewsFlash Libya emerges from sanctions with investment.

12-12-2008   A Libyan investment group that manages sovereign wealth from the country is set to complete Libya's first UK commercial property transaction since the suspension of economic sanctions at the end of the 1990s.  read whole article...
AEGO NewsFlash 'We are hungry. There is no government, no economy, so it is a good way to earn money'

12-12-2008   Jamal Osma in Eyl

Mohamed Aabi was struggling to eat once a day a year ago but now he is one of the richest men in the village of Eyl, northeast Somalia.
 read whole article...
AEGO NewsFlash South Africa Cuts Interest Rates to Stimulate Growth

12-12-2008   South Africa has joined the global trend of lowering interest rates to combat the current economic slowdown. The move is an abrupt reversal for a country that has been raising interest rates for years to control inflation. The change signals that Africa's largest economy is struggling.  read whole article...
AEGO NewsFlash Cholera raging in Zimbabwe despite Mugabe denial

12-12-2008   HARARE, Zimbabwe: Cholera swept through the five youngest children in the Chigudu family with cruel and bewildering haste. On a recent Saturday, they chased each other through streets flowing with raw sewage, and chattered happily as they bedded down for the night.  read whole article...
AEGO NewsFlash Chad: Insecurity Leaves Thousands At Risk of Waterborne Disease, Aid Workers Say

12-11-2008   N'djamena - Diarrhoea and other deadly waterborne illnesses threaten some 28,000 Chadians in an eastern town, after armed attacks - including the theft of a water pump - forced out the last aid workers running already scaled-down operations.  read whole article...
AEGO NewsFlash Eritrea: President Isaias Leaves for Chad On Official Visit

12-11-2008   Asmara - President Isaias Afwerki today left for N'djamena on an official visit at the invitation of President Idris Debi of Chad.  read whole article...
AEGO NewsFlash Africa: United States Committed to Worldwide Cultural Preservation

12-11-2008   Yvette Ridenour

Washington, DC - On virtually every continent, treasures from ancient civilizations are being conserved and restored through a U.S. program dedicated to the preservation of cultural heritage in countries around the globe.
 read whole article...
AEGO NewsFlash Libyan fund in talks over Kaupthing unit ...

12-11-2008   Talks have taken place over the possible sale of the Luxembourg arm of troubled Icelandic bank Kaupthing to a Libyan sovereign fund, a Luxembourg minister confirmed on Wednesday.  read whole article...
AEGO NewsFlash Nigeria: Global Economic Crisis - Beyond Immunity Claims

12-11-2008   Kayode Komolafe
column
Lagos - Without prejudice to the assurances given by those who should know that the Nigerian economy is immune to the global financial crisis, there is the need to look at the wider implications of the economic crisis ravaging developed economies in the United States, Europe and Asia.
 read whole article...
AEGO NewsFlash No political problem with Libya stake in Eni

12-10-2008   ALibya should face no political obstacles to its purchase of an interest in Italian oil major Eni SpA , though buying a stake of 10 percent or more would be cause for concern, Italy's foreign minister said on Tuesday.  read whole article...
AEGO NewsFlash Italy-libya: Trade tops 14 bln euro in first 8 months

12-10-2008   While Libya tries to enter into Enىs capital, trade relations with Italy continue to grow, with import-exports in the first eight months of the year exceeding 14 billion euro and confirming the North African country as Italy's top trading partner in the Mediterranean.  read whole article...
AEGO NewsFlash Burkina Faso: High Rice Prices Despite Tripled Harvest

12-09-2008   Ouagadougou - Despite a 2008 rice harvest over three times that of 2007, local rice prices remain out of reach for many consumers.
The 2008 local rice harvest was 235,800 tonnes of grain versus just 69,000 tonnes in 2007, according to the Ministry of Agriculture, Fisheries and Water Resources.
 read whole article...
AEGO NewsFlash Secretary-General of French Presidency leaves Libya.

12-08-2008   The Secretary-General of French Presidency, Claude Gayan, and the accompanying delegation left Great Jamahiriya this evening.  read whole article...
AEGO NewsFlash Secretary GPC meets Secretary-General of the French Presidency.

12-08-2008   The Secretary of the General People's Committee met Saturday morning with the Secretary-General of the French Presidency and his accompanying delegation.  read whole article...
AEGO NewsFlash Libya could buy up to 10 pct of Eni - ambassador

12-08-2008   Libya would be interested in buying up to 10 percent of Italian oil giant Eni, the North African country's ambassador to Italy said in an interview published on Sunday.  read whole article...
AEGO NewsFlash Successful Negotiations between Libya and EU

12-08-2008   According to Mr. Hugues Mingarelli, the officer in charge of the European Commission’s external relations, negotiations between the European Union and Libya in regards to an economic partnership agreement have “got off to a good start,” and suggests that Libyan authorities should continue in this direction in order to maintain “this pace of progress in the negotiations.”  read whole article...
AEGO NewsFlash Zorco appoints HSBC as financial advisor in Libya

12-05-2008   Zwara Oil Refining Company (Zorco), has appointed HSBC as financial advisor for a 200,000 barrel per day crude oil refinery to be located in north-western Libya.  read whole article...
AEGO NewsFlash Sierra Leone: 'APC 2009 Budget Has No Base,' Opposition MP Blasts

12-05-2008   Ibrahim Tarawallie
Member of parliament of the opposition Sierra Leone People's Party has rated at 5% the APC 2009 budget read few weeks ago in the well of parliament by the minister of finance and economic development.
 read whole article...
AEGO NewsFlash Sonangol, Endiama seen joining Angola bourse - CMC

12-05-2008   By Henrique Almeida LISBON, (Reuters) - Subsidiaries of Angola's state-run oil and diamond firms will likely be among the firms listed when a new stock exchange is unveiled in Luanda in the first half of 2009, the nation's Capital Markets Commission said on Thursday.  read whole article...
AEGO NewsFlash Tanzania: Poverty Reduction Slow Despite Economic Growth

12-05-2008   Sarah McGregor
Dar Es Salaam - Tanzania is lagging behind on key development goals for safe water, income and health, even though the east African nation has benefited from a growing economy over the last few years, according a newly released household budget survey.
 read whole article...
AEGO NewsFlash The secretariat of the GPC held its 29th regular meeting for this year.

12-04-2008   The secretariat of the General People's Congress held its 29th regular meeting for this year in Tripoli yesterday.  read whole article...
AEGO NewsFlash The General Secretary of Planning Council Libya's efforts.

12-04-2008   The General Secretary of Planning Council highlighted great Jamahiriya efforts in the field of sustainable development in Africa.  read whole article...
AEGO NewsFlash Meeting with Italian ambassador

12-04-2008   Secretary of the GPC for Public Security met in Tripoli with Italian ambassador to Libya . During the meeting, they discussed security cooperation between the Great Jamahiriya and Italy, especially means of confronting illegal immigration.  read whole article...
AEGO NewsFlash Meeting with Chinese Deputy Foreign Minister

12-04-2008   The Secretary of External Affairs of the General People's Congress met in Tripoli with the Chinese Deputy Foreign Minister.  read whole article...
AEGO NewsFlash A new huge tanker joined Libya's fleet

12-04-2008   M/T Libya joined the fleet of GNMTC . This double hull crude oil tanker was built according the international specifications and requirements of the international agreements on 2007 at Hyundai drydock. Its particulars are as follows  read whole article...
AEGO NewsFlash Pertamina seeks Verenex stake in Libya's Area 47

12-03-2008   Indonesia's state-owned PT Pertamina is considering plans to purchase the 50% stake held by Verenex Energy Inc. in Area 47 of Libya's Ghadames basin.  read whole article...
AEGO NewsFlash Libya, Oman create joint investment company

12-03-2008   Libya and Oman here Monday signed an agreement for the e stablishment of the Libyan-Omani holding company of investment with a capital of US$ 500 million equally shared out between the two countries.  read whole article...
AEGO NewsFlash Signing Founding Statement of the Libyan-Omani Holding Company for Investment

12-03-2008   The basic system and founding statement of the Libyan-Omani holding company for investment was signed in Tripoli yesterday at the Economic and Social Development Fund.  read whole article...
AEGO NewsFlash Crosco Wins LTI Award in Libya.

12-03-2008   Croatian drilling and service firm, Crosco Integrated Drilling & Well Services Co., Ltd., received an outstanding safety performance award from Woodside Energy North Africa.  read whole article...
AEGO NewsFlash Fuel price cut puts R2,3bn in pockets

12-03-2008   Energy Affairs Editor
WEDNESDAY's big drop in fuel prices will put approximately R2,3bn into the hands of South African households, business and the government, according to an economist.
 read whole article...
AEGO NewsFlash Libya Insurance Company signed three Investment Contracts.

12-02-2008   Libya Insurance Company signed three Investment Contracts for sale of Hotel & Administrative Buildings and a land to establish on it a warehouse of Trade classification. It is worthy of mention that Altaakafo Company for Real Estate  read whole article...
AEGO NewsFlash The establishment of Libya Joined Company for Cables Industry.

12-02-2008   It was signed at the location of eEconomic & Social Development Fund in Tripoli the contract of establishing Joined Libyan Egytian Company for electric Cables Industry to be used in high pressure lines. According to this contract the new Company was called " Libya Joined Company for Cables Industry",and located in Tripoli. Its Capital is (32500000)Thirty two millions and five hudred thousands L.D, distributed between the contributors of the new company as follows  read whole article...
AEGO NewsFlash Analyst sees Libya's oil, gas production rising

12-02-2008   Libya will supply 17.37% of Africa's regional oil supply by 2012, while accounting for about 7.45% of African oil demand, according to a recent BMI analyst report.  read whole article...
AEGO NewsFlash Tough economy converts Egyptian drivers to gas

12-02-2008   By Cynthia Johnston

CAIRO (Reuters) - With black smoke belching from battered vehicles on the congested streets of Cairo and the sickly smell of exhaust hanging in the air, Mohamed Daoud's taxi glides quietly along on cheap, clean fuel.
 read whole article...
AEGO NewsFlash Syria and Libya: frozen in the past, fearing the present

12-02-2008   By Raja Kamal
The election of Barack Obama as the 44th president of the United States was indeed a historical event. This coming January, an African-American, whose father was Kenyan, will become the leader of the world's most powerful country.
 read whole article...
AEGO NewsFlash The reality of ports and how to develop them were discussed.

12-01-2008   The meeting included the secretary of general people's committee, the two secretaries of general people's for planning and transportation  read whole article...
AEGO NewsFlash Verenex Opens Data Rooms for Potential Corporate Sale.

12-01-2008   With speculation high on the possibilities for industry consolidation through mergers, takeovers, and sales in light of today's financial crunch and much lower crude prices  read whole article...
AEGO NewsFlash Secretary of NOC: OPEC and other exporting countries not to remain passive before the oil falling prices.

12-01-2008   Secretary of National Oil Corporation has declared that ( OPEC) will not remain passive before the continuous falling in oil prices.  read whole article...
AEGO NewsFlash Burkina Faso: Finding New Ways to Feed HIV-Positive People

11-28-2008   PlusNews (Johannesburg) Ouagadougou High food prices and cuts in food aid to HIV-positive people are forcing relief organisations in Burkina Faso to take another look at local foods to keep people healthy.  read whole article...
AEGO NewsFlash Sudan: Funding Woes Continue to Plague HIV Fight

11-28-2008   Juba
For over a year, the South Sudan AIDS Commission (SSAC) has been setting up offices in the ten states that make up Southern Sudan, but a combination of funding delays and a population largely uninformed about HIV is keeping the fight against the pandemic from moving forward.
 read whole article...
AEGO NewsFlash Ali Slama opens a factory in Libya.

11-28-2008   Ali Slama, head of a group of nine companies active in refining vegetal oils, making butter and margarine, as well as other activities such as office stationery and computing, will open very soon an industrial unit of vegetal oils in Libya.  read whole article...
AEGO NewsFlash Alwahda Bank is the best Bank in Libya for 2008.

11-28-2008   Global Finance Magazine which specialized in Banks and Financial Corporation has chosen Alwahda Bank (one of the Financial Corporations of Arab Bank Group) as the best Bank for2008.  read whole article...
AEGO NewsFlash Economic Dialogue between Mr. Saif Alislam and Mr. Forbes.

11-28-2008   Mr. Stief Forbes held a lunch banquet to the honour of Mr. Saif Alislam Algathafi attended by all members of Forbes family.  read whole article...
AEGO NewsFlash Economic Dialogue between Mr. Saif Alislam and Mr. Forbes.

11-27-2008   Mr. Stief Forbes held a lunch banquet to the honour of Mr. Saif Alislam Algathafi attended by all members of Forbes family.  read whole article...
AEGO NewsFlash Cooperation Agreement between Libya and Syria on Arid Areas.

11-27-2008   Center for Agricultural & Animal Researches in Libya and Arab Center for Dry and Arid areas (AKSAD) signed cooperation agreement in Damascus Capital of Syria.  read whole article...
AEGO NewsFlash Signature of Agreement to facilitate the acceptance of Libyan Students in America

11-27-2008   The People's Office in Washington the American Capital signed an understanding note with the American Organization of Middle East for Education, Training and Acknowledge  read whole article...
AEGO NewsFlash field visit to the joint (Ras Igdir) passage.

11-27-2008   The Secretary of Management Committee of the Customs Department and the General director of the Tunisian customs held meeting in Ras aljder  read whole article...
AEGO NewsFlash Secretary of NOC: All options open at the next OPEC meeting in Cairo.

11-27-2008   Dr. Shukri Ghanem, Chairman of the Board of the National Oil Company declared that the Organization of Petroleum Exporting Countries (OPEC) will discuss, during its meeting in Cairo next Saturday, the current situation in oil markets in terms of supply and demand.  read whole article...
AEGO NewsFlash Chad: New Polio Cases Threaten Country, Region and Beyond

11-26-2008   UN Integrated Regional Information Networks
N'djamena
The Chadian Health Ministry and the UN have launched a polio vaccination drive targeting half a million children in the west of the country, as new cases of the crippling and sometimes fatal disease continue to emerge.
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AEGO NewsFlash Nigeria: Excise Duty And Vat Increase - Driving Smes Underground

11-26-2008   Daily Independent (Lagos)
OPINION
Les Leba
The collapse of crude oil prices from an all time high of almost $150/barrel to about $60/barrel in the last three months has jolted the major beneficiaries of our bloated export revenue.
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AEGO NewsFlash Do SA consumers need a break?

11-26-2008   Interest rates need to be cut by one percent immediately to help already overburdened consumers, kick start the stricken property market and restore consumer confidence, ooba (formerly MortgageSA) said on Monday in a statement.  read whole article...
AEGO NewsFlash Africa: Ban Ki-Moon Tells Continent to Process Raw Materials

11-26-2008   Public Agenda (Accra)
Frederick Asiamah
Accra
UN Secretary General, Mr. Ban Ki-Moon has prescribed the processing of raw materials as the solution to African economies in the wake of the global financial crisis.
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AEGO NewsFlash Libya, Britain to develop cooperation in health field

11-26-2008   Secretary of General People's Committee for Health and Environment meets with British Minister of State for Public Health.  read whole article...
AEGO NewsFlash The 4th National Conference for Building Materials & Engineering Construction.

11-25-2008   The 4th National Conference for Building Materials & Engineering Construction recommended for the importance of studies and researches related to developing and making local construction materials by stimulating local companies for manufacture of buiding materials to follow up these reaseaches to imliment the best use of aviable local materials.  read whole article...
AEGO NewsFlash The Libyan and Argentinean Cooperation Talks.

11-25-2008   The Libyan and Argentinean delegation held a meeting in Tripoli to discuss the ways of improving cooperation between them in all aspects.  read whole article...
AEGO NewsFlash Libya, Britain to discuss prospects of the bilateral cooperation in the areas of health.

11-25-2008   The Secretary of European Affairs at the General People's Committee for Foreign Liaison and International Cooperation this morning met in Tripoli with the British Minister of State for Public Health, currently on a visit to Great Jamahiriya.  read whole article...
AEGO NewsFlash Investors Sought for Libya's Area 47

11-25-2008   Medco Energy said it is studying various options to raise capital for developing Libya's Area 47 that includes combining reserve-based lending and Shariah financing.  read whole article...
AEGO NewsFlash British Minister of State for Public Health visits Council of Medical Specialties in Tripoli.

11-25-2008   The British Minister of State for Public Health this afternoon paid a visit to the Council of Medical Specialties in Tripoli Shabia.  read whole article...
AEGO NewsFlash Guinea Bissau: High Hopes for New Government

11-24-2008   UN Integrated Regional Information Networks
Bissau
The African Party for the Independence of Guinea-Bissau and Cape Verde or PAIGC has won a majority in Guinea-Bissau's parliamentary elections, which international observers say mark just the first of many complicated steps for restoring stability in the country.
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AEGO NewsFlash Africa: Continent Must Control Science And Technology - Malian President

11-24-2008   The Daily Observer (Banjul)
Sheriff Janko Bamako
Amadou Toumani Toure, the president of the Republic of Mali, has said that strategies of public health and care in the 21st century are based on scientific evidence and Africa must control science and technology.
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AEGO NewsFlash Libya, Argentina sign cooperation agreements

11-24-2008   Libya and Argentina Saturday signed a wide range of agreements and an action plan aimed at enhancing relations between the two countries.
The agreements were signed here at the end of a two-day official visit to Libya by the Argentine President Cristina Fernandez Kirchner.
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AEGO NewsFlash Libya, Britain to cooperate in health fields

11-24-2008   The Secretary for European Affairs met at General People's Committee for Foreign Liaison and International Cooperation in Tripoli with Secretary of State for Public Health in Britain who is currently visiting the Great Jamahiriya.  read whole article...
AEGO NewsFlash Tough Xmas for SA

11-24-2008   Malose Monama
Pretoria - Workers in sectors most exposed to the ravages of the turbulence in the economy will have to endure great financial pressures over the Christmas holidays - and those pressures might extend well into the new year.
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AEGO NewsFlash Africa: 'Africa Must Control Science And Technology'

11-21-2008   The NEWS (Monrovia)
Jarlawah A. Tonpo
Monrovia
A three-day Global Ministerial Forum on Research for Health has opened in Bamako, Mali, with the President of that country Amado Toumani Toure calling on Africans to control science and technology in this 21st centaury.
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AEGO NewsFlash Sudan: Top UN Official Appeals for Over $2 Billion to Fund Humanitarian Projects

11-21-2008   UN News Service (New York)
The top United Nations relief official today called for more than $2 billion for humanitarian projects next year in Sudan, with almost half of the funds being earmarked for the war-torn region of Darfur, where violence has uprooted nearly half the 6 million-strong population.
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AEGO NewsFlash Gazprom-Eni deal in Libyan oilfield delayed

11-21-2008   Gaz­prom's deal to gain a 16.5 percent stake in Libya's Elephant oilfield under an asset swap with Italy's Eni S.p.A. has been postponed until later this year, the deputy head of the Russian energy giant said on Tuesday.  read whole article...
AEGO NewsFlash As oil prices collapse, OPEC juggles cuts, credibility and a global financial crisis

11-21-2008   By TAREK EL-TABLAWY - AP Business Writer
CAIRO, Egypt (AP) _ When OPEC announced late last month it was cutting crude oil output by 1.5 million barrels per day, the market barely hiccuped.
Oil prices continued their fall amid global recessionary fears that have hit even oil-rich Gulf Arab nations, dropping far below the $80 or $100 per barrel that the Organization of Petroleum Exporting Countries' members are hoping for. On Thursday, crude sank below $50 a barrel to levels last seen in early 2005.
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AEGO NewsFlash Guinea Bissau: Cholera Contained But Source Still Unknown

11-20-2008   UN Integrated Regional Information Networks
Bissau
After more than six months of battling cholera in Guinea-Bissau the epidemic is now under control health officials say, though they admit they have not identified its root causes or put in place measures to prevent future outbreaks.
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AEGO NewsFlash Gambia: Subsequent to Banjul Meeting, Guinea Bissau Elections Successful

11-20-2008   The Daily Observer (Banjul)
Voters in Guinea Bissau went to the polls on Sunday in elections which international observers hope will stabilize the tiny West African country that has become a drugs hub.
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AEGO NewsFlash South Africa: Timbuktu Manuscripts Showcased in Johannesburg

11-20-2008   BuaNews (Tshwane)
Lucille Davie
Johannesburg
One of Africa's greatest intellectual legacies, 40 Timbuktu manuscripts from Mali in west Africa, is to go on exhibition this week in Johannesburg.
The exhibition is called Timbuktu Script & Scholarship, and will open at the Standard Bank Gallery on Friday, reports Joburg.org.
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AEGO NewsFlash Signature of Cooperation Agreements between Libya & Britain in London.

11-20-2008   Libya and Britain signed five cooperation agreements in London on Monday 17-11-2008 in legal, judurial and taxes issues to to strengthen cooperation relations between the two countries.  read whole article...
AEGO NewsFlash Investment of natural raw materials in cement industry.

11-20-2008   The meeting was held yesterday in Tripoli between Assistant Secretary of the General People's Committee  read whole article...
AEGO NewsFlash Mali: 995,000 Families to Benefit From Agro-Dealer Network Launch

11-19-2008   Daily Trust (Abuja)
Abubakar Ibrahim
Recognizing the declining productivity and incomes of small holder farmers in Mali, the Alliance for a Green Revolution (AGRA),at the weekend in Bamako, Mali's capital launched an ambitious US$2.5 million grant to support 820 rural agro-dealers who are primary contacts for seeds, fertilizers and other farm inputs that are necessary for increased productivity.
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