Richard Branson’s Virgin Galatic secures US$20m to fund its space tourism project

Richard Branson’s Virgin Galatic secures US$20m to fund its space tourism project

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USA – American based aircraft manufacturer, Boeing Company, has said that it would invest US$20 million in Richard Branson’s space-tourism venture Virgin Galactic. Boeing’s investment in Virgin Galactic will give the California based space flight company more money to take on rivals…

Spanish Electrical Equipment Company Himoinsa Opens Regional sales office in Morocco

Spanish Electrical Equipment Company Himoinsa Opens Regional sales office in Morocco

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MOROCCO – Spanish group Himoinsa, which specializes in electrical equipment has opened a regional sales office in Morocco.  The sales office which is going to serve Morocco and the entire North and West Africa region is the company’s third sales office on…

Nigerian Stock Exchange launches investment app to enhance investor participation

Nigerian Stock Exchange launches investment app to enhance investor participation

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NIGERIA – The Nigerian Stock Exchange (NSE) is set to launch an investment application called ‘X-Mobile’. The NSE, in a press statement, described the app as a dynamic and user-friendly mobile application, which is designed to enhance investors’ participation in the Nigerian…

NLNG embarks on a US$10b gas plant expansion project to increase gas production

NLNG embarks on a US$10b gas plant expansion project to increase gas production

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NIGERIA – The Nigerian Liquefied Natural Gas Company (NLNG) has started plans to construct its planned gas expansion project popularly known as Train 7. The announcement of SCD group as the preferred bidder to construct the $10bn gas expansion project early this…