African Business News

Africa Oil says finds additional oil in Kenya well

NAIROBI — Canada’s Africa Oil said on Wednesday its estimate of the amount of potential oil in its Kenyan well has increased by a third since the east African country announced its first oil discovery in March.

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Tanzania: Isles Can Explore for Oil On Its Own

Prime Minister Mizengo Pinda

Dodoma — Prime Minister Mizengo Pinda clarified on Thursday on the differences of opinion between the Zanzibar government and Tanzania Mainland over oil and natural gas explorations, saying that there was no problem in the removal of oil-related matters from the Union.

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Nigeria: Agric Company Assists Bauchi Farmers With Seeds, Training

Olam Nigeria Ltd

Kano — An agricultural company, Olam Nigeria Ltd has signed a memorandum of understanding with the Bauchi State Agricultural Development Programme with the aim of boosting Sesame farming and improving the production of the crop in the state, the company's manager, Mr. Adamu Bello, has said.

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Uganda: Govt to Connect Seven Rural Towns to Electricity

Uganda: Govt to Connect Seven Rural Towns to Electricity

Government is set to connect 5,000 people in seven rural growth centers where there is low access to electricity and connectivity.However, the project will only be implemented, if parliament approves a loan request by government amounting to US$10m (Sh24b) from the OPEC fund for international development.

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