Venue:Â KICC, Nairobi, Kenya
Dates: 07th to 09 th May, 2015
Timing: 10 am to 6 pm
Business Visitors Only.
Kenya, a melting pot of opportunities is a thriving business centre. With a growing economy, stable socio-political Government and a developed infrastructure in place, Kenya offers corporations the ideal avenue for investments. Its proximity to the Middle East, Gulf and Europe, together with its easy access to the major ports of the region, enhances its international trade. The countryâ€™s economic policy is a free market-oriented one. It aims at paving the way for faster economic development of the country through private enterprise and individual initiatives. Kenya emerges as one of the largest importers in Africa being centrally located. Kenya also has the largest economy in east Africa and is a regional financial and transportation hub.
Sonatrach, an energy company in Algeria, will invest $3.48 billion in establishing new gas pipelines throughout the country to improve capacity of existing pipeline network, its interim CEO said in a conference on gas industry held in the western province of Oran.
FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares.
The construction of the Mtwara to Dar Es Salaam Gas Pipeline Project is almost complete with 504 km welded pipes of 505 km complete with 499 km trenched at Dar es Salaam Mkuranga, Lindi and Mtwara sections leaving less than 7 km to be done.
Resource estimates in â€ªâ€ŽKenya's South Lokichar basin surpass 1 billion barrels of oil in new adjustment
Africa Oil Corp says that a new independent assessment of the Company's Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by Gaffney, Cline & Associates increasing the total 2C (best) gross contingent resources by 67% to 616 million barrels of oil and total 3C (high)Â gross contingent resources increased 52% to 1.29 billion barrels of oil in the oil fields discovered to date in the South Lokichar basin.
The Mozambican government, through the National Petroleum Institute (INP), on Thursday launched its fifth tender for hydrocarbon prospection blocks.
The overall infrastructure spending in the sub-Saharan region is projected to grow by 10 per cent a year over the next decade and will exceed US$180bn by 2025, a new report by PricewaterhouseCoopers (PWC) reveals.