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Philippe Vasset
ANGOLA Editor in Chief
Is Sonangol Africa’s First Sovereign Fund?
Often portrayed in the midst of the credit crisis as a hunting ground for sovereign funds in the Gulf, Africa can boast that it possesses an institution with the firepower of a state fund: Angola’s Sonangol. Flush with dividends from the two millions of barrels pumped in Angola’s offshore each day, Sonangol has begun to invest the money beyond its borders and in other fields than oil. (...)  [ 625 words] [$11,2]
H Oil Moves Westwards
   Africa Energy Intelligence has learned that H Oil, a firm owned by Jacques Hachuel and his son Alvaro, is currently negotiating to buy into the Congolese permit of the small British concern Nessergy. (...)  [ 209 words] [$7]
OIL & GAS

WHO'S WHO

ALGERIA
Benamar Zenasni
   Benamar Zenasni has just been named vice president in charge of pipelines at the national oil and gas company Sonatrach.  (...)  [ 103 words] [$7]

MOROCCO
Ali Fassi Fihri
   On Nov. 14, Ali Fassi Fihri was named managing director of Morocco’s Office Nationale d’Electricite (ONE).  (...)  [ 182 words] [$7]

SAO TOME AND PRINCIPE
Cristina M. Fernandes Dias
   On Nov. 11, Cristina Maria Fernandes Dias was appointed energy and mines minister in Sao Tome y Principe’s government.  (...)  [ 126 words] [$7]

GHANA
Osafo Adjei
   The equity fund Abu Dhabi National Energy Co (TAQA) has just appointed Osafo Adjei as general manager of its operations in Ghana.  (...)  [ 167 words] [$7]

ELECTRICITY

SENEGAL
Senelec Prepares for Makeover
   Senegal’s energy minister, Samuel Sarr, has just announced an overhaul of the national utility Senelec. After several abortive attempts to privatize Senelec, and despite the world financial crisis, Senegal has announced an “institutional evolution” for the company.  (...)  [ 208 words] [$7]

NORTH AFRICA/EUROPE
Power Ring Almost Finished
   Tunisia needs only to link up with Libya for a symbolic project to establish a power loop between Europe and North Africa to be completed.  (...)  [ 247 words] [$7]

ZAMBIA
Pushing for Kafue Gorge Lower
   Zambia’s government is determined to see that a project for a new dam on the Zambezi river goes through despite the high cost.  (...)  [ 216 words] [$7]

AT A GLANCE

Brazzaville
Contract for Bouygues in Congo-B
 [ 82 words] [$2,1]

Pretoria
New Service Contract for GE Energy
 [ 111 words] [$2,1]

GOVERNMENT STRATEGIES

FINANCIAL OPERATIONS
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