ABDAS – Africa information and Business Directory
Africa information and Business Directory
Ethiopia attracted about 3.31 billion U.S.D in foreign direct investment (FDI) in the Ethiopian 2021/2022 fiscal year which ended on July 7 2022, the Ethiopia Investment Commission (EIC) disclosed on …
Ethiopia Reports More Foreign Direct Investment Read More
Mozambique is set to export its 1st liquefied natural gas (LNG) cargo following the arrival of the British Mentor LNG tanker on August 24, 2022. The bp-operated tanker will arrive …
Mozambique to Export First LNG Read More
Australian listed oil and gas exploration firm Invictus Energy has announced that it plans to start drilling at the Mukuyu-1 prospect in Zimbabwe as early as September this year. Expected …
Zimbabwe: Invictus Energy to Start Drilling in September Read More
Vice President Dr Philip Mpango has witnessed the signing of Memorandum of Understanding (MoU) for the execution of Sino Industrial Park project worth 3 billion US Dollars (equivalent to 6.94 …
Tanzania Signs Deal for Southern Africa’s Largest Industrial Park Project Read More
AS the government continues to improve investment and trade environment in the country, 2 major foreign firms have signed a Memorandum of Understating (MoU) for the implementation of strategic joint …
Tanzania: Two Foreign Firms Ink MoU on Ports Logistics Read More
State-owned National Oil Corporation of Kenya will from August start shipping fuel from Saudi Arabia at lower prices than the global rates in the latest push by the government to …
Kenya Seals Deal for Cheaper Saudi Fuel Read More
Tanzania signed a framework agreement on 11th June 2022 with Norway’s Equinor (EQNR.OL) and Britain’s Shell that will bring closer the start of construction of a $30 billion liquefied natural …
Tanzania Signs LNG Framework Agreement with Equinor and Shell Read More
The government is eyeing to increase the number of large industries by nearly 12-fold by year 2025 as it implements a new industrial scheme that is expected to employ 100,000 …
Tanzania Eyes Jobs from the New $3 Billion Investment Read More
Kenya’s private firms could get investments amounting to Sh81.4 billion ($700 million) over the next 5 years from British International Investment (BII), which previously traded as CDC Group. BII has …
British Fund Plans Sh81bn Investments in Kenya Read More
Following the reluctance of major global financial institutions to invest and finance infrastructural development and further exploration in the oil and gas sector of the African economies, a new option …
African Energy Bank to Fund Major Projects Read More
