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Change in commodity futures prices in 2018: Cocoa (+28%); Wheat (+17.9%); Maize (+6.9%); Natural gas (-0.4%); Gold (-2.1%); Soyabeans (-2.1%); Cotton (-8.2%); Rough rice (-13.6%); Platinum (-14.8%); Arabica coffee (-19.3%); Brent crude oil (-19.6%); Copper (-20.3%); Sugar (-20.3%);     LafargeHolcim is expanding cement production capacity in Cameroon to 2.1million tonnes from 1.6 million tonnes to compete more aggressively with Dangote which plans to boost capacity to 3 million tonnes within 3 years

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Friday, February 15, 2019

Congo DRC

DRC eyes Uganda-Tanzania oil pipeline

Local media reports indicate that the Republic of Congo (DRC) has made overtures towards using a 1,410-kilometre oil pipeline from Lake Albert in Uganda to Tanga Port in Tanzania. Total E&P of France, the UK’s Tullow Oil and China’s CNOOC all have stakes in the Uganda project. The pipeline, which is still under construction, will have