By William Davison
April 12 (Bloomberg) — U.K. Africa Minister Mark Simmonds comments in April 10. intv.
* U.K. will “do all it can†to ensure funding continues at   same level for African Union peacekeeping force made up of   troops from Burundi, Djibouti, Kenya, Sierra Leone and   Uganda.
* U.K. and intl partners having “very thorough and   comprehensive discussion to ensure security gains are not   lost†that have been made against al-Qaeda-affiliated   militia al-Shabaab: Simmonds
* U.K govt has “commitment and prioritization to U.K. making serious contribution to assisting in the rebuilding of   Somaliaâ€: Simmonds
* NOTE: African Union and Ethiopian forces have pushed al-  Shabaab back from key areas over last year, including the   capital Mogadishu and the port of Kismayu.
* NOTE: Somalia elected a new government in September in a bid   to end more than two decades of conflict.
* NOTE: U.K. and Somalia governments host intl conference in
London on May 7 to discuss reform and state building in   Somalia.
April 8 (Bloomberg) — Gambella basin blocks and Jijiga
basin blocks 9A, 9 and 13 Blocks are “frontier but potentially
high reward,†U.K.-based independent consultants Senergy Ltd.
find in report, according to statement released by SouthWest
Energy.
* 2.9b bbl estimate is maximum of potential undiscovered play
* 1.56b bbl is best estimate, according to report
* SouthWest plans to refine seismic data, drill 3 exploration
wells in Jijiga basin in 2013-14
* NOTE: Co. aims to raise $100m in first quarter.
April 5 (Bloomberg) — Trade Ministry in capital Addis
Ababa commented in e-mail response to questions.
* Exports less than 2/3rds of target
* Coffee shipments rise 10% to $453m, vol. advances 54%
* Gold earned $389m from 7.6 mt
* Oil seeds drop 0.1% to $269m
* Pulse exports climbed 65% to $151m
* Flower sales fall 5.3% to $119m
* NOTE: Ethiopia had a trade deficit of $7.5b in fiscal yr
that ended July 7
Average Rating