African Business News

Oil and gas opportunities in Southern Africa

On 9th January 2013, Finding Petroleum ran a special event with the support of the South African dti, from the High Commission of South Africa

The event reviewed the scope for oil & gas exploration and production in Southern Africa, including Nambia,

Read more...

CNPC to buy stake in Eni’s Africa gas assets

China National Petroleum Corporation (CNPC), the country’s largest oil producer, will spend $4.2bn for a stake in Italian firm Eni’s African natural gas assets, as China looks to feed energy demand while reducing its reliance on coal.

Read more...

Oil exploration begins in Lamu

US-based firm, Camac Energy, is commencing exploration for oil and natural gas on two blocks in Lamu.

Camac has a contracted Canadian firm Sander Geophysics Limited to undertake geophysical surveys on the L1B and L16 onshore blocks in Lamu.

Read more...

Ethiopia to Build Road Linking It With Kenya

Landlocked Ethiopia has signed agreements with Chinese and Indian companies to construct highways that will connect the Horn of Africa nation with neighbouring Sudan, South Sudan and Kenya.

The road projects will branch out from the adjacent regions of Oromia, Gambella and South Ethiopia Peoples'

Read more...

Latest African news, articles, business information and special reports from across the African continent.