AfDB provides US $62 million to support Technical and Vocational Education in Kenya

The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support … Read More

Atlas Development & Support Services anticipates H1 pre-tax losses of $2.5m

The Kenyan headquartered, African focused support services and logistics company Atlas Development has said the H1 pre-tax losses anticipated is $2.5m from an expected turnover of US$11.0m in its latest six … Read More

GardaWorld expands into more Africa countries after acquisition of Aegis Group

GardaWorld, the world’s largest privately owned security and cash services provider, announces today the strategic expansion of its protective services platform in Africa and the Middle East after entering into … Read More

2nd Local Content Convention Opens Amid Calls For Preference of Local Companies

The 2nd Local content convention opened its doors on Wednesday bringing together players from the government and private sector to discuss ways of enabling local companies to participate in the … Read More

Atlas Development & Support Services Expands into North Africa

Kenyan headquartered  and listed African focussed support services and logistics company Atlas Development  has announce that it has been engaged to provide civil engineering supervisory, advanced life support, security and … Read More

One on One interview with Malcolm Steyn General Manager for Oil & Gas at Freight Forwarders Kenya Group

How has the logistics industry changed the discovery of oil in Kenya and Uganda as well as Natural Gas in Tanzania? The regional logistics landscape has undergone significant changes due … Read More

Burundi commits to implement the EITI

The Government of the Republic of Burundi formally committed to implement the Extractive Industries Transparency Initiative, EITI Standard in a declaration published by Come Manirakiza, Minister of Energy and Mine on … Read More

Experts call for clear tax policies on farm down transactions in Kenya

[twitter-follow screen_name=’oilnewskenya’] Tax experts Deloitte East Africa have expressed fear that the unclear tax policy position on farm down transactions may be a draw back with the potential to derail … Read More

Horizons 2015: What to look for in the year ahead

[twitter-follow screen_name=’oilnewskenya’] Source: Wood Mackenzie Macroeconomics: Asia’s consumers are key “The rate at which China’s economy rebalances away from investment and towards consumption will determine long-term trends in energy demand,” Cynthia Lim, … Read More