Issue 55 Weekly Newsletter of Investment Projects
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PROJECTS Investments Monitor Wednesday 28th September, 2016, Issue 55 Weekly Newsletter of Investment Projects OIL AND GAS/ENERGY: MANUFACTURING: ?Kaztec Engineering to lift local ?$56m Chinese textile park in Kwara will content, invests $800mn on fabrication provide 3,000 jobs for Kwarans – Ahmed: yard: Governor Abdulfatah Ahmed of Kwara state As part of the efforts to support the has declared that about 3,000 natives of the state will be employed by Chinese textile government in the development of local capacity in the Oil and investment, tagged “Kwara Chetex Park”. Gas industry, KAZTEC Engineering Limited, a wholly http://www.businessdayonline.com/en/56m-chinese-textile- indigenous Oil and Gas service company, is planning to invest park-in-kwara-will-provide-3000-jobs-for-kwarans-ahmed/ $800 million its fabrication yard on the Snake Island in Lagos. ? http://www.businessdayonline.com/en/kaztec-engineering-to- LADOL advances in $3.8b Egina FPSO vessel construction: lift-local-content-invests-800mn-on-fabrication-yard/ The Lagos Deep Offshore Logistic (LADOL) Base is blazing the trail in the ?World Bank Launches Massive Solar quest for local capacity development in the country, as it has Energy Programme In Nigeria: advanced with the construction of the world-class Floating The International Finance Corporation, IFC, a Production Storage and Offloading (FPSO) vessel. member of the World Bank group in http://guardian.ng/business-services/maritime/ladol-advances- in-3-8b-egina-fpso-vessel-construction/ collaboration with the United Kingdom's Department for International Development AGRICULTURE: (DFID) is facilitating a massive solar energy programme, ?Kaduna government, firm to establish targeting Small and Medium Scale businesses across the country. $120m rice processing plant: http://www.leadership.ng/business/551372/world-bank- To boost agricultural productivity in Kaduna launches-massive-solar-energy-programme-in-nigeria State, a French company, Vicampro Farm in joint venture with the State Government is to flag-off a $120 million French Rice/Potatoes processing FINANCIAL SECTOR: plant in the State. ?FG releases fresh N350bn to stimulate http://guardian.ng/business-services/kaduna-government-firm- economy: to-establish-120m-rice-processing-plant/ The Federal Government, in a bid to stimulate economic activities, has said that it would EDUCATION/HEALTH: ? release additional N350bn for capital projects Nigeria gets Rotary's $8.15mn to stem recent polio outbreak: captured in the 2016 budget. Nigeria is to benefit from Rotary http://punchng.com/fg-releases-fresh-n350bn-stimulate- International's $8.15 million meant to fight economy-get-1bn-eurobond-proceeds-december/ polio in the country. The organisation has also committed an additional $35 million in ?AfDB, Fortis MfB sign N1b loan for SMEs: grants to support the global effort to end the The African Development Bank (AfDB) and menace. http://www.businessdayonline.com/en/nigeria-gets-rotarys-8- Fortis Microfinance Bank (Fortis) have signed 15m-to-stem-recent-polio-outbreak/ an agreement for a N1 billion facility to be used for lending to small and medium enterprises UPCOMING EVENTS: (SMEs) in Nigeria. ?The 5 E-Government Summit holds in Abuja-Nigeria on 27-28 September 2016. http://thenationonlineng.net/afdb-fortis-mfb-sign-n1b-loan- http://e-ppan.org/index.php/project smes/ ?Power, Steel and Housing Exhibition & Conference: 27 – 29 September 2016 ? http://www.expowestafrica.com/index.php/event/electricity-steel-modern-homes- Afreximbank secures $300m China and-offices-exhibition Exim-backed loan for African trade: T h e A f r i c a n E x p o r t - I m p o r t B a n k ?AGRIKEXPO 2016: The 5th edition of the event AGRIKEXPO, which is West Africa’s largest (Afreximbank) says it has closed its first-ever B-2-B exhibition for Agricultural products and services. The event would hold September 26- 28, 2016 at the International Conference Centre, Abuja. China/Taiwan specific syndicated loan with a http://agrikexpo.com 300 million dollar facility guaranteed by the ? Export-Import Bank of China (China Exim Powering Africa: Nigeria Getting Electricity Investments Moving Renewables - IPPs - Gas - Off Grid 12– 14 October 2016 @Transcorp Bank). Hilton Abuja. https://www.today.ng/business/184507/afreximbank-secures- http://www.energynet.co.uk/event/powering-africa-nigeria-2016 300m-china-exim-backed-loan-african-trade ?SPDC awards full scholarships to new JOB OPPORTUNITIES: batch of 60 Niger Delta students: A new batch of 60 children from the Niger ?Latest Job Vacancies at Hobark International Limited Delta have been awarded the special secondary http://joblistnigeria.com/latest-job-vacancies-hobark-international- school scholarship of The Shell Petroleum limited.html Development Company (SPDC) Joint ?Massive Recruitment in an International School [13 positions] Venture, the Cradle- to- Career, which covers http://joblistnigeria.com/massive-recruitment-international-school- tuition and all other bills for six years. 13-positions.html http://www.businessdayonline.com/en/spdc-awards-full- ?GlaxoSmithKline Nigeria Job Recruitment [4 positions] scholarships-to-new-batch-of-60-niger-delta-students/ http://joblistnigeria.com/glaxosmithkline-nigeria-job-recruitment- 3-positions.html OTHERS: ? ?Ongoing Graduate and Exp.job Recruitment at Helios Investment to Acquire Oando PricewaterhouseCooper (PwC) [2 positions] Gas & Power for $115.8m: h t t p : / / j o b l i s t n i g e r i a . c o m / o n g o i n g - r e c r u i t m e n t - Oando Plc has executed a definitive pricewaterhousecooper-pwc-3-positions.html agreement with a vehicle owned by funds advised by Helios Investment Partners LLP, ?Graduate & Exp. Job Recruitment at ToLet.com.ng [5 Positions] an Africa-focused private investment firm, to acquire 49 per cent http://joblistnigeria.com/graduate-exp-job-recruitment-tolet-com- of the voting rights in Oando's midstream business subsidiary, ng-5-positions.html Oando Gas and Power Limited (OGP). ?Adamawa State Community and Social Development Agency http://www.thisdaylive.com/index.php/2016/09/20/helios- Fresh Graduate and Exp. Job Recruitment [6 Positions] investment-to-acquire-oando-gas-power-for-115-8m/ http://joblistnigeria.com/adamawa-state-community-social- development-agency-ad-csda-fresh-graduate-exp-job-recruitment- 6-positions.html ?BoI, NIRSAL collaborate on credit facilities for farmers: ?Start Craft Limited Fresh Graduate & Exp. Job Recruitment [20 Positions] The Nigeria Incentive Based Risk http://joblistnigeria.com/start-craft-limited-fresh-graduate-exp-job- Sharing System for Agricultural recruitment-20-positions.html Lending and the Bank of Industry has signed a Memorandum of Understanding to facilitate credit facilities for smallholder ?Skidworks Nigeria Limited Fresh Graduate & Exp. Job farmers across the country. Recruitment [6 positions] http://punchng.com/boi-nirsal-collaborate-credit-facilities- http://joblistnigeria.com/skidworks-nigeria-limited-fresh-graduate- farmers/ exp-job-recruitment-3-positions.html ?Expressor International Group Limited Fresh Graduate & Exp. ?NBS puts investment inflow at $1.04bn: Job Recruitment [6 Positions] http://joblistnigeria.com/expressor-international-group-limited- The National Bureau of Statistics has released a fresh-graduate-exp-job-recruitment-6-positions.html revised version of the capital importation report for the second quarter, with estimated investment ?Travelfix.com Fresh Graduate & Exp. Job Recruitment [5 inflow of $1.04bn. This investment inflow Positions] represents an increase of 46.58 per cent over the http://joblistnigeria.com/travelfix-com-fresh-graduate-exp-job- amount recorded in the first quarter of this year. recruitment-5-positions.html http://punchng.com/nbs-puts-investment-inflow-1-04bn/ ?Ongoing Recruitment at the US Embassy http://joblistnigeria.com/ongoing-recruitment-us-embassy.html ?BoI targets 150,000 new jobs ?Ongoing Recruitment at Siemens under YES initiative: http://joblistnigeria.com/ongoing-recruitment-siemens.html In a bid to reduce the double digit unemployment rate figures, the ?Graduate jobs At ONE Campaign Bank of Industry (BoI) has stated that its Youth Entrepreneurship http://joblistnigeria.com/graduate-jobs-one-campaign.html Support (YES) programme is expected to create over 150,000 ?Latest Job Vacancy at Adam Smith International direct and indirect job opportunities in the country. http://joblistnigeria.com/latest-job-vacancy-adam-smith- http://guardian.ng/business-services/industry/boi-targets- international.html 150000-new-jobs-under-yes-initiative/ ?Graduate Recruitment at Peen Nigeria Limited People Resource http://joblistnigeria.com/limited-recruitment-peen-nigeria-limited- ?Sokoto Cement to generate new people-resource.html 60MW electricity in 2017: The Sokoto Cement (Cement Company of ?Career Opportunity at Stanbic IBTC Bank Northern Nigeria Plc) has concluded http://joblistnigeria.com/career-opportunity-stanbic-ibtc-bank.html arrangements to build two additional power Other recruiting Companies: plants that would enable it generate about Shell, Standard Chartered Bank Nigeria, Dangote Group, Julius 60 Mega Watts (MW) of electricity by 2017. Berger Plc, Procter & Gamble, TOTAL NIG. PLC., Access Bank, http://guardian.ng/energy/sokoto-cement-to-generate-new- Microsoft Nigeria, Seven Energy, UNHCR 60mw-electricity-in-2017/ GBOSCO T - shirt Fabrics Sewing School Sports Fabrics Branding Tailoring Materials TEL: 08038003608, 07081884808 CALVARY POLYTECHNIC, OWA-OYIBU HOSPITAL ROAD, OWA–OYIBU,