- The Gambia's dreams of drilling oil could be realised in two years time, the Chairman of Buried Hill Energy, confirmed.
Roger Haines said his company would start drilling the West African country's oil in early 2009.
Haines disclosed the news while he was briefing Gambian President, Yahya Jammeh, on Buried Hill Energy's latest work on the oil exploration of The Gambia.
He said drilling would start as soon as his company completes identifying the best sites for establishing drilling rigs.
Chairman Haines Buried Hill Energy had identified five distrinct plates with 26 prospects of oil production, which clearly proved that The Gambia has more oil potentials than expected.
Haines told President Jammeh that the his company's idepth technical work results would easily convince the world about the tiny country's oil production potentials.
President Yahya Jammeh opened a stormy debated in 2003 when he had announced the discovery of oil in many parts of the country. While his supporters hailed the disclosure, opposition downplayed the issue, describing it as a political tactic.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.