Africa’s Power & Energy Exhibition is announced as market continues to attract investment
Africa has experienced massive internal growth in major areas within the last 20 years which have contributed greatly to investors’ assets. One area which is particularly high in demand and continuously predicting huge returns is the energy market.
It has already made an impact by creating greater well-being to the people of Africa whilst boosting profits for shareholders involved. Due to this massive interest in the region’s power sector which includes the UN’s 2014 ‘Sustainable Energy for All’ programme, making Africa as one of the main areas of focus, EXPOGROUP is organizing the 5th Power & Energy 2019 Exhibition, from the 7th to the 9th of November 2019 in Tanzania at the Diamond Jubilee Expo Center (DJEC) in Dar-es-Salaam and Kenya’s 8th edition from the 25th to the 27th of July, 2019 KICC, Nairobi’s famous international venue
Hyundai Two Key Models To Launch in African and Middle Eastern Markets
Hyundai will confirm details of two new products available to Middle East and Africa markets, with the region included in plans for a New-generation Sonata sedan and an All-new SUV model, the Palisade.
Oil Deal Signed between South Africa And South Sudan
South Africa has signed an agreement to explore oil in South Sudan, which holds the third-largest oil reserves in sub-Saharan Africa, as part of $1billion potential investment that the petroleum minister in the war-torn east African country hopes will gradually help to increase production.
Tanzania's new cable car plan on Mount Kilimanjaro will help to boost tourist numbers
Around 50,000 tourists climb Kilimanjaro every year. Tourism is considered to be the prime source of hard currency in Tanzania, known for its beaches, wildlife safaris and Mount Kilimanjaro, which has three volcanic cones and is nearly 5,000 metres high from its base.
Liberia's Energy Sector to gain a great support from the World Bank package
The Regional Off-Grid Electrification Project will provide U.S.$150 million in the form of credit and grants from the International Development Association for West African countries, and also U.S.$74.7 million for the renewable energy sector.
Government's 1D1F programme receives a great boost following the signing of US$300 million MoU between Ghana Export-Import Bank and United States of America Export-Import Bank
Ghana Export-Import Bank (GEXIM) and United States of America Export-Import Bank (EXIM) signed an cooperative agreement which helped the Government's One-District One-Factory (1D1F) programme to receive a remarkable boost.
ExxonMobil To Increase Oil Exploration Range In Namibia
According to a note from Standard Bank, stabilizing crude oil prices above $60 per barrel will backbone the investment in African oil and gas during the coming five years. That improved outlook could finally induce a discovery in Namibian oil exploration.
