Panoro Energy starts drilling Aje-5 offshore Nigeria
Panoro Energy ASA (Panoro), the London-based E&P company, has announced that drilling has commenced on the Aje-5 production well on the OML 113 license offshore Nigeria
Tullow to start Kenya oil production by 2020
Tullow Oil has announced it expects to produce oil for the first time in Kenya by 2020.
The announcement, made through its 2015 half-year report, puts to rest speculation that had earlier suggested Kenya would start producing oil by 2017.
Motor firm signs Sh30m deal with Auto Xpress
General Motors East Africa (GMEA) Ltd has signed a partnership with Auto Xpress to expand its after sales service network. Through the union, Isuzu and Chevrolet customers will now access after sales service from Auto Xpress outlets.
From milk to roses, private equity investments in Africa on the rise
From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets.
