-
Kenya: AfDB Grants U.S.$348 Million for Ethiopia-Kenya Power Project
Capital FM, 20 September 2012
The Board of the African Development Fund has given the nod to a $348 million (Sh30 billion) funding of a $1.26 billion electricity highway project between Kenya and Ethiopia. read more »
-
East Africa: Rwanda's Oil Prospects
The New Times, 19 September 2012
Public optimism for potential fossil fuel in the country raised a notch higher after the recent discovery of oil and gas reserves in the other East African partner states. read more »
-
Uganda: Country's Oil Reserves Shoot to 3.5 Billion Barrels
The Independent, 14 September 2012
Confirmed oil deposits in Uganda have gone up 40% in the last year but industry experts and investors are wary of the slow pace of the transition to the production phase. read more »
-
Africa: Africa's Invitation to Investors
The New Times, 12 September 2012
President Paul Kagame, who is attending the World Economic Forum in Tianjin, China, yesterday, told delegates that there is lots of opportunity for investment in Africa. read more »
-
Uganda: Finland to Fund Energy Projects
The Observer, 11 September 2012
Now that Uganda has entered the Energy and Environment Partnership (EEP) with other southern and East African countries, aiming at boosting the use of renewable energies, Ugandans ... read more »
-
-
Kenya: State Kept in the Dark On Gas Discovery
The Star, 11 September 2012
Kenyan authorities are angry with multinational oil and gas explorers who make major announcements of discovery of the hydrocarbons before informing the ministry of energy as ... read more »
-
Tanzania: Govt Secures U.S. $1.2 Billion Loan From China
Tanzania Daily News, 7 September 2012
TANZANIA has secured a 1.2 billion US dollars loan to finance the construction of a 230-kms natural gas pipeline linking Mtwara gas fields and Dar es Salaam. read more »
-
East Africa: Asking Questions About Oil and Gas (analysis)
African Arguments, 13 August 2012
In July this year the China-Africa Ministerial Conference in Beijing took place. Forty-nine African countries and China agreed the fortunes of oil and natural gas extraction in ... read more »
-
East Africa: Pool EAC Oil and Gas Resources (editorial)
East African Business Week, 6 August 2012
The findings of oil and gas in East Africa ought to be celebrated because of the potential in investment, jobs and general development that they can bring to the region. read more »
Comments Post a comment
This post was deleted because it contravenes AllAfrica's commenting guidelines.
More global investment, more degradation of your currency, more infrastructure built for the convenience of the moment and the extraction process, and nearly useless when the oil is gone. More than a small amount of foreign money is toxic to an economy. Develop your oil and gas slowly, for strictly domestic use, and try to be the very las countries to run out.
This post was deleted because it contravenes AllAfrica's commenting guidelines.
This post was deleted because it contravenes AllAfrica's commenting guidelines.
Why do these articles make what is going on in Africa seem like a mystery that people cannot understand. Foreigners and their companies are doing what they have always been doing, raping the land of its resources with little or no concern to the local populations or the environment. The environmental groups are an arm of the same foreign entities who want to control Africa's land for their own benefit, not for the environment and not for Africans. These companies are doing what they have been doing for the last 300 years and they will pay off local government officials to look the other way while most of the profits, resources and benefits flow out of the country and the African populations stay dirt poor. There is no mystery here, it is simply a deliberate act to stop Africans from benefiting from their own resources. Africans wont be trained or educated to operate their own mines, refineries or construction companies. Africans won't be trained as engineers or scientists to study and understand how to use their resources for their own benefit. None of this oil is going to go into African cars or generators to produce energy. None of this petroleum will be used for asphalt and other materials needed in infrastructure. Even as all of these things are the reason for the demand of the oil resources in the first place, none of these things will produced for the consumption of the African people. There is no mystery here it is the same old game of colonial exploitation and subjugation.
See All Comments