Africa & Middle East Headlines

UAE: Some Fuel Service Stations Refusing Credit Card Payments

Many fuel service stations in the United Arab Emirates are refusing to take credit cards as they do not see it as a legitimate form of payment, local media are reporting. Several newspapers in the country are quoting drivers angry that they are being refused the right to purchase fuel through their cards.


Ghana: Ghana National Petroleum Corp and Partner to Invest $20bn in Jubilee Oil Field


Ghana and its partners on the Jubilee oil field will invest an estimated $20bn over the next 10 years to develop newly discovered oil fields. Tullow Oil Plc (TLW) and Anadarko Petroleum Corp. (APC) are also involved in the project. “We will raise the money in collaboration with our partners,” said Nana Boakye Asafu-Adjaye, chief executive officer of the Ghana National Petroleum Corp. “We have made clusters of discoveries and these need to be developed.”

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