AFRICA - THE NEXT GROWTH MARKET

Posted on :Thursday , 24th November 2016

 Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities i. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .

UK supports growth and development of East African oil and gas sector

Posted on :Wednesday , 23rd November 2016

 LONDON, United Kingdom,  -Mareeg-The discovery of oil and gas can be a defining moment for nations. Managed well, it can have a transformative impact; boosting economies and fuelling inclusive growth across the board.

Kenya pegs faster Vision 2030 gains on oil and gas finds

Posted on :Tuesday , 22nd November 2016

 NAIROBI: Kenya is betting on the recent oil discoveries to achieve its vision of becoming a middle-income economy ahead of the 2030 deadline.

The Vision 2030 Delivery Secretariat expects the nascent industry to reach major milestones a few years after commercial production starts in 2020.

Oil and gas were recently included in the list of key sectors that are expected to pl. . .

East Africa: Oil & Gas Industry Has Huge Potential, Well Placed to Help - UK Govt

Posted on :Friday , 18th November 2016

“Over 50 years of experience in North Sea oil and gas has given the UK a global competence in all aspects of exploration and production. The oil and gas industry supports over 375,000 jobs in the UK. The top two UK firms listed by market capitalization are in the extractives industry … and there is a wealth of UK companies leading the way in designing, financing and implementing oi. . .