The race for oil and gas in Africa

Posted on :Tuesday , 25th October 2016

 Africa is home to some of the world's fastest-growing economies, with many of them relying on oil for foreign exchange.

East Africa is world’s new oil hotspot

Posted on :Monday , 24th October 2016

East Africa is fast becoming one of the world’s most interesting oil and gas hotspots. Tullow Oil is a UK oil and gas exploration and production company, which has been on investors’ lips since the late 1980s. Today, they focus on finding and monetising oil in Africa. Recently, Tullow, Africa Oil and Maersk Oil have been drilling for and finding oil in the neglected northwest region. . .

How investing natural heritage can benefit African countries

Posted on :Friday , 21st October 2016

 From the Democratic Republic of the Congo (DRC)’s Virunga National Park, to Botswana’s Okavango Delta, to Zimbabwe’s Mana Pools and Tanzania’s Selous Game Reserve, wondrous diversity and natural value make Africa’s natural heritage the envy of the world. Yet research by WWF in 2015 shows that 61 per cent of Africa’s natural World Heritage sites are thre. . .

East Africa: Natural Gas Connections Vital Cog On the Path to Becoming East Africa's 'Power' House

Posted on :Thursday , 20th October 2016

Since sometime in 2012 or earlier than that, there were reports of the government's move to supply natural gas to homes--with a pilot project to connect homes in Mikocheni and international hotels.

The move was followed by inauguration of a distribution pipelines connecting homes and the hotels, raising new hopes of accessing the crucial energy more cheaply.

 . . .

Swala Tanzania seeks $120m to fund oil exploration in East Africa

Posted on :Wednesday , 19th October 2016

 Swala Oil & Gas (Tanzania) has engaged Exotix Partners to raise $120 million in corporate bonds for funding expansion in East Africa.