Congo Business News

Red Eagle Mining Completes $8 Million Equity Financing

November 24, 2017

VANCOUVER, British Columbia, Nov. 24, 2017 -- Red Eagle Mining Corporation (TSX:R) (BVL:R) (OTCQX:RDEMF) is pleased to announce it has completed its previously announced private placement for gross proceeds of $8,240,750. Proceeds will be used for working capital at the Santa Rosa Gold Project.  The Shares and Warrants are subject to a four month hold period from the date of issuance.About Red Eagle MiningRed Eagle Mining is a gold producer focused on building shareholder value through acquiring,...

DHT Holdings, Inc. announces sale of its three oldest VLCCs

November 24, 2017

HAMILTON, BERMUDA, November 23, 2017 - DHT Holdings, Inc. (NYSE:DHT) ("DHT") announced that it has entered into agreement to sell its three oldest VLCCs; DHT Utah and DHT Utik, both built 2001 and DHT Eagle built 2002 to one buyer for a total price of $66.5 million. About $33.5 million of bank debt will be repaid in connection with the sale of the three vessels. The Company expects to deliver the DHT Utah and DHT Eagle to its new owner before end of 2017 and the DHT Utik in January 2018. The Company will record a book loss of about $3.5 million in the fourth quarter of 2017 in connection with the sale.  The loss is primarily related to the DHT Eagle. Subsequent to the sale, the average age of DHT's fleet of VLCCs is 6.1 years.The...

Wärtsilän rakentama aurinkovoimalaitos tuo sähköä miljoonaan kotiin Nigeriassa

November 24, 2017

Wärtsilä Oyj Abp, Lehdistötiedote, 24.11.2017 klo 12.20Teknologiayhtiö Wärtsilä on valittu toimittajaksi teholtaan 95,3 MWp (75 MWac) aurinkosähkövoimalalle Nigeriaan. Tilaaja on Pan Africa Solar Ltd, joka kehittää aurinkosähkövoimaloita Afrikkaan. Tämä on Wärtsilän ensimmäinen suuren kokoluokan aurinkosähkövoimala, joka tuottaa sähköä puhtaasti yleiseen sähköverkkoon.Valmistuttuaan se on Nigerian suurin ja yksi koko Afrikan suurimmista aurinkovoimaloista. Sähköverkkoon syötettävä 75 MWac teho tuottaa sähköä noin 1,1 miljoonalle kotitaloudelle. Voimalalla on merkittävä vaikutus paikallisyhteisöjen talouteen Katsinan osavaltiossa Nigerian pohjoisosassa. Kokonaisuuteen sisältyy yksiakselisilla aurinkoseuraajilla varustetut moduulit, jotka optimoivat voimalan tuottaman energiantuoton. Voimalalla...

Wärtsilä-built solar power plant will deliver electricity to a million homes in Nigeria

November 24, 2017

Wärtsilä Corporation, press release, 24 November 2017 at 12.20 p.m. EETThe technology group Wärtsilä has received a letter of award for a 95,3MWp (75MWac) solar photovoltaic (PV) power plant in Nigeria. The award was received from Pan Africa Solar Ltd, a developer of solar PV power plants focused on Africa. This will be Wärtsilä's first utility-scale solar PV project exclusively for an on-grid application.When operational, the plant will be the largest in Nigeria; and one of the largest on the African continent. The 75MWac output to the grid is expected to serve approximately 1.1 million households with electricity. It will be a major contributor of economic benefits to the local communities in Katsina State, in northern Nigeria. The technology includes photovoltaic modules with single axis trackers, optimizing the energy...

Wärtsilä-byggd solenergianläggning kommer att leverera el till en miljon hushåll i Nigeria

November 24, 2017

Wärtsilä Corporation, Pressmeddelande, 24.11.2017 kl. 12.20 EETTeknologikoncernen Wärtsilä har fått uppdraget att bygga en fotovoltaisk (PV) solenergianläggning på 95,3 MWp (75 MWac) i Nigeria. Uppdraget kommer från Pan Africa Solar Ltd, utvecklare av PV-solenergianläggningar med fokus på Afrika. Det blir Wärtsiläs första storskaliga PV-solenergiprojekt avsett uteslutande för elnätsansluten tillämpning.När den tas i drift kommer anläggningen att vara störst i sitt slag i Nigeria och en av de största i Afrika. Effekten på 75 MWac förväntas försörja cirka 1,1 miljoner hushåll med elektricitet. Det innebär betydande ekonomiska fördelar för lokalsamhällena i Katsina State i norra Nigeria. För att uppnå optimal energiutvinning på anläggningen används teknik som omfattar fotovoltaiska moduler med SAT...

Federal Antimonopoly Service Approves Merger of Yandex.Taxi and Uber in Russia

November 24, 2017

MOSCOW, Nov. 24, 2017 -- The Federal Antimonopoly Service of the Russian Federation has approved the agreement between Yandex (NASDAQ:YNDX) and Uber to combine their ride-sharing businesses in Russia. The Ministry of Antimonopoly Regulation and Trade of the Republic of Belarus has also approved the transaction in Belarus. The decision of the antimonopoly service of Kazakhstan is still pending.

Panion at EMA’s SME InfoDay

November 24, 2017

Fri, Nov 24, 2017 11:21 CETPanion has an active status as SME (Small and Medium-sized Enterprise) – at the European Medicines Agency (EMA), which gives access to a number of benefits, information sources, and financial incentives. CEO Anja Holm attended the SME InfoDay on Friday 17 November at the EMA’s offices where agency officials together with scientific and regulatory experts from the European Network presented developments and were ready to meet and discuss with companies on an informal basis. The SME-office provides an amazing amount of support to foster innovation from academia and small research companies and to help the new ideas from “lab-bench to market”. Besides guidance in the complex regulatory field, which is caused by the innovative nature of the new development products,...

EQL Pharma signs agreement with leading generic company

November 24, 2017

Fri, Nov 24, 2017 11:12 CETEQL Pharma has signed a three-year cooperation agreement, with a possibility to extent, with a leading generic company regarding the drug Potassium chloride. The agreement means that the sales of the drug in the Norwegian, Danish and Finnish markets will be handled by the partner. EQL estimates that the profitability will be similar, whether EQL Pharma sells on its own or through the partner. However, other benefits such as reduced working capital need and a higher penetration, speaks in favour of the cooperation. The financial mechanism is through profit sharing where the parties get a predefined percentage each. This means that the turnover and the gross profit from the arrangement will be one and the same for EQL Pharma. The...

#17-1109 Listing of Mini futures issued by Vontobel Financial Products GmbH

November 24, 2017

Fri, Nov 24, 2017 11:11 CETAs from November 27, 2017, 5 Mini futures issued by Vontobel Financial Products GmbH will be listed on NDX Sweden and will be included on the list for Knock-Outs. The instruments will be registered at Euroclear Sweden AB. Issuer: Vontobel Financial Products GmbH Type of security: Mini futures, open ended Execution: Automatic cash settlement Term: As from November 27, 2017 and forward or until time for knock out event Market Maker: Bank Vontobel Europe AG Underlying: OMXS30 index Vestas...

Oboya Horticulture nominated for Gazelle Company 2017 in Poland

November 24, 2017

Fri, Nov 24, 2017 10:51 CETOboya Horticulture has been nominated for Gazelle Company 2017 in Poland, through its wholly owned subsidiary, VEFI Europa Sp.z.o.o, in Poland by the business magazine "Pulse Biznesu" in Poland. Pulse Biznesu was founded by Dagens Industri and is a Polish branch of the Swedish Bonnier Group. To be nominated as the Gazelle Company of the year, companies must meet certain criteria. The companies have been assessed based on revenue growth and financial results achieved in 2014-2016. Detailed description of the criteria is available at www.gazele.pl. The prize is awarded annually by the Pulse Biznesu in Poland and the winners will be selected during the gala in the beginning of 2018. "We are pleased being nominated for Gazelle Company 2017...

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