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Somalia sets out ‘tentative’ path towards oil and gas production

Somalia’s federal government plans to begin producing oil and gas offshore for the first time within six years and is in talks with state governments about how revenue will be shared, the country’s petroleum minister has said. 24 Oct 2014

New line of credit fuels ‘pipeline of infrastructure projects’ in East Africa

The African Development Bank Group (AfDB) has approved a $40 million 10-year line of credit for a series of projects including infrastructure and manufacturing in the East African Community countries of Kenya, Rwanda, Tanzania and Uganda. 24 Oct 2014

Government is considering interest deduction restrictions for infrastructure

Officials from the Treasury and HM Revenue and Customs (HMRC) have been meeting with representatives of the PPP/ PFI industry to discuss the implications for infrastructure projects of possible restrictions to interest relief. 24 Oct 2014

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