Rendeavour appoints Skidmore, Owings & Merrill for new mixed-use development in Nigeria

The Jigna sustainable mixed-use community in Abuja moves ahead with conceptual master plan ABUJA, Nigeria, July 18, 2016 /PRNewswire/ — Rendeavour, Africa’s largest urban land developer, has appointed Skidmore, Owings & Merrill (SOM) for master planning services in connection with Jigna, Rendeavour’s joint venture urban development project in Abuja, the capital city of Nigeria. With a […]


Nigeria: These Parts of Lagos Will Experience Power Outage Today (Monday) Expect

The Management of the Transmission Company of Nigeria (TCN), Lagos Region, on Sunday announced a one-day power outage in some parts of Lagos on Monday to effect repairs.

TCN announced the outage in a statement by its Public Relations Officer, Celestina Osin, and made available to the News Agency of Nigeria (NAN) in Lagos.

The statement said the areas that would be affected include Ikoyi, Victoria Island, Alagbon, Apapa, Ijora, Surulere, Itire, Oshodi, Mushin, Nigerian Air Force Base, Shogunle and all their environs.

It said that there was an urgent need by the company to disrupt electricity supply to them from the Akangba 132KV Transmission Substation on July 18, from 10 a.m. to 1 p.m.

The statement said the reason for the planned outage was to enable the MBH contractor carry out important repairs on the Itire 132KV Transmission Line 1 and the Ojo 132KV Transmission Line 2.

It noted that it was from the lines that the areas were fed electricity.

“During the period the outage will last, the 4A�90 MVA power transformers and another 150MVA power transformer will be out of service at the Akamgba 132KV Substation to provide a safe working space for the workers.

“We promise to restore supply to all the affected areas as soon as the work is concluded.

“We sincerely apologise for the short notice for the outage and regrets inconveniences this will cause all that will be affected,” the statement said.

Source: Premium Times.


Interventions du President Jean-Claude Juncker suite aux attentats A� Nice, France

Suite aux attentats de hier soir A� Nice, le president de la Commission europeenne Jean-Claude Juncker a declare: “Je suis trAs touche et afflige par la terrible epreuve qui vient de toucher la belle ville de Nice en ce jour de fA�te nationale.” Le president a egalement adresse une lettre au president de la Republique francaise Francois Hollande, reaffirmant l’engagement de la Commission europeenne A� A�tre aux cAtes de la France et des autres A�tats membres pour lutter contre le terrorisme A� l’interieur comme A� l’exterieur de l’Union europeenne, en ecrivant “Notre determination reste aussi ferme que notre unite.” Dans une lettre adressee au president du conseil regional de Provence-Alpes-CAte d’Azur Christian Estrosi, il a exprime sa plus grande solidarite envers les victimes, leurs familles et tous les Nicois et Nicoises aujourd’hui dans le deuil. Le President Juncker et les leaders participant actuellement au Sommet Asie-Europe A� Oulan-Bator ont egalement publie une declaration commune sur le terrorisme international, condamnant les attentats recents en Europe, Asie et ailleurs. En outre, Le President Juncker s’est reuni avec le President du Conseil europeen, M. Donald Tusk, ainsi que le Premier ministre du Japon, M. Shinz? Abe pour une conference de presse pendant laquelle ils ont declare: “L’acte terroriste, qui fut lAche et barbare, qui a frappe la ville de Nice pendant la nuit m’a profondement choque, attriste, afflige”. Intervenant A� la session pleniAre de l’ASEM A� Oulan-Bator ce matin le president Juncker a poursuivi: “Ce qui s’est passe A� Nice est la negation de tout ce en quoi nous croyons, de tout ce qui nous reunit.” (Pour plus d’informations: Mina Andreeva – Tel.: +32 229 91382; Natasha Bertaud – Tel.: +32 229 67456)

Energy: EU invests Euros 263 million in energy infrastructure

Today EU Member States agreed on the European Commission’s proposal to invest Euros 263 million in key European energy infrastructure projects. The lion’s share of the investment will support the building of gas infrastructure in the Baltic Sea region as well as supporting the electricity sector across Europe. Nine projects were selected following a call for proposals under the EU funding support programme the Connecting Europe Facility (CEF). The selected priority projects aim to increase energy security, connect the isolated EU Member States to the wider European grid and contribute to the Energy Union objectives of affordable, secure and sustainable energy.The European Commissioner for Climate Action and Energy Miguel Arias CaAete said: “Well-connected energy infrastructure is essential to achieving the Energy Union. This EU support will help fill existing gaps in energy infrastructure, putting us on the path to a truly connected European energy market. This is necessary to strengthen the security of energy supply and a more efficient use of the energy resources and integration of renewables into the grid.” With a total of Euros 800 million available for grants under Connecting Europe Facility – Energy in 2016, the second 2016 call for proposals with an indicative budget of Euros 600 million is currently ongoing and will close on 8 November. Under the Connecting Europe Facility, a total of Euros 5.35 billion was allocated to trans-European energy infrastructure for the period of 2014-2020. Read entire press release in EN, FR and DE. (For more information: Anna-Kaisa Itkonen – Tel.: +32 229 56186; Nicole Bockstaller – Tel.: +32 229 52589)

EU steps up humanitarian aid for victims of Boko Haram in Africa’s Lake Chad region

The European Commission has today announced Euros 58.2 million in humanitarian aid to support the populations in the Lake Chad region in Africa. The funding brings the overall EU humanitarian aid package for the Sahel region to over Euros 203 million in 2016. “A full-scalehumanitarian crisis has been fuelled by violence in a fragile region. The EU is committed to supporting those displaced and affected by the violence of Boko Haram in the Lake Chad Basin. Our support will target the most vulnerable in Nigeria, Cameroon, Chad and Niger where more than two and a half million people have been displaced by the terror of Boko Haram alone. Our aid will help provide food, shelter, clean water, and healthcare, as well as protection to the displaced and the host communities. Everything must be done so humanitarian aid workers can deliver lifesaving assistance safely and urgently access those in need” saidCommissioner for Humanitarian Aid and Crisis Management Christos Stylianides who is currently on a visit to the region. The violence inflicted by the terrorist group Boko Haram from northern Nigeria has destabilised the entire Lake Chad region, causing large scale displacements of people.A full press release is available here. A map showing the funding is available here (For more information: Alexandre Polack – Tel.: +32 229 90677; Daniel Puglisi – Tel.: +32 229 69140)

EU adopts decisions to recognise equivalence and adequacy of US auditor oversight authorities

The European Commission has today adopted two decisions recognising the equivalence and adequacy of the US auditor oversight authorities. These decisions extend the current agreement, which expires on 31 July 2016, by a further six years. Commissioner Jonathan Hill, responsible for Financial Stability, Financial Services and Capital Markets Union said: “I welcome the extension of both decisions as it provides a strong basis for continued cooperation between the EU and the US. Both partners share the objective of promoting confidence and protecting investors. The auditor oversight authorities are committed to strengthening their cooperation further in order to achieve even greater mutual reliance in the future.” For more information on the new audit rules, see our memo. (For more information: Vanessa Mock – Tel.: +32 229 56194; Letizia Lupini – Tel.: +32 229 51958)

Mergers: Commission clears ice cream joint venture between PAI Partners and Nestle

The European Commission has approved under the EU Merger Regulation the creation of Froneri, a joint venture by PAI Partners of France and Nestle of Switzerland. Froneri will manufacture and market ice cream products in and outside of Europe, and frozen food products in Europe. PAI Partners will contribute to Froneri its ice cream business, operating as R&R. Nestle will contribute its ice cream business in Europe, the Middle East, North Africa, Philippines, Brazil and Argentina and part of its frozen food business in Europe. The Commission concluded that the proposed acquisition would raise no competition concerns, because R&R and Nestle are not close competitors in the European Economic Area ice cream markets and will continue to face competition from Unilever and several other ice cream manufacturers. The transaction was examined under the normal merger review procedure. More information is available on the Commission’s competition website, in the public case registerunder the case number M.7946.(For more information: Ricardo Cardoso – Tel.: +32 229 80100; Giulia Komel – Tel.: +32 229 61175)

Mergers: Commission approves the acquisition of joint control over Novy by BNP Paribas Fortis Private Equity, Sofindev and DHAM

The Commission has approved under the EU Merger Regulation the acquisition of joint control over Novy International NV by BNP Paribas Fortis Private Equity Belgium NV, Sofindev IV NV and DHAM NV, all of Belgium. Novy is the holding company controlling the Novy Group which is active in the design, manufacture and marketing of high?end kitchen appliances. BNP Paribas Fortis Private Equityis a branch office of BNP Paribas dedicated to private equity and mezzanine financing. Sofindev is a private equity firm, investing in Belgian small and medium sized enterprises. DHAM is the holding company of the Colruyt group which is mainly active in the retail of daily consumer goods, but is also involved in other activities including foodservice, fuel retail and wholesale of daily consumer goods. The Commission concluded that the proposed acquisition would raise no competition concerns, because Novy’s activities do not overlap with those of BNP Paribas Fortis Private Equity and Sofindev and their portfolio companies, nor with those of the Colruyt Group. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.8094. (For more information: Ricardo Cardoso – Tel.: +32 229 80100; Giulia Komel – Tel.: +32 229 61175)

EUROSTAT: Mai 2016 – Excedent de 24,6 mrds d’euros du commerce international de biens de la zone euro, Excedent de 6,4 mrds d’euros pour l’UE28

D’aprAs les premiAres estimations pour le mois de mai 2016, les exportations de biens de la zone euro (ZE19) vers le reste du monde se sont etablies A� 167,4 milliards d’euros, en hausse de 2% par rapport A� mai 2015 (164,3 mrds). Les importations depuis le reste du monde ont quant A� elles ete de 142,8 mrds d’euros, en recul de 2% par rapport A� mai 2015 (146,0 mrds). En consequence, la zone euro a enregistre en mai 2016 un excedent de 24,6 mrds d’euros de son commerce international de biens avec le reste du monde, contre +18,3 mrds en mai 2015. Le commerce intra-zone euro a augmente A� 139,4 mrds d’euros en mai 2016, soit +1% par rapport A� mai 2015. Un communique de presse EUROSTAT est disponible en ligne. (For more information: Enrico Brivio – Tel.: +32 229 56172; Axel Fougner – Tel.: +32 229 57276)

EUROSTAT: Le taux d’inflation annuel de la zone euro en hausse A� 0,1%

Le taux d’inflation annuel de la zone euro s’est etabli A� 0,1% en juin 2016, contre -0,1% en mai. Un an auparavant, il etait de 0,2%. Le taux d’inflation annuel de l’Union europeenne s’est etabli A� 0,0% en juin 2016, contre -0,1% en mai. Un an auparavant, il etait de 0,1%. Ces chiffres sont publies par Eurostat, l’office statistique de l’Union europeenne. Un communique de presse EUROSTAT est disponible en ligne.(For more information: Vanessa Mock – Tel.: +32 229 56194; Audrey Augier – Tel.: +32 229 71607)

Source: UN News


Figuratively Speaking: “Love: From Cave To Keyboard, Imagined By Pepsi®” Explores History Of Non-Verbal Communication In New Interactive Exhibit

Global World Emoji Day Celebration With Maggie Gyllenhaal And LION BABE PURCHASE, New York, July 14, 2016 /PRNewswire/ — #PEPSIMOJI — From hieroglyphics to pictograms, conversations have certainly evolved – yet throughout history, non-verbal communication has continued to transcend borders, connect cultures and speak volumes, without ever uttering a word. Today, communication around the world has been […]


Frost & Sullivan Acclaims NuWater’s Strong Customer Service Model for the Modular and Mobile Industrial Waste Water Treatment Market

NuWater has expanded its customer base by consistently providing above-industry average levels of services CAPE TOWN, South Africa, July 14, 2016 /PRNewswire/ — Based on its recent analysis of the modular and mobile industrial waste water treatment market, Frost & Sullivan recognises NuWater with the 2015 sub-Saharan African Frost & Sullivan Award for Customer Value […]