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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

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Business chiefs look to ‘private equity and innovative investment’ to develop Africa’s infrastructure

Chief executive officers from some of the world’s major companies are meeting in the US to discuss forms of investment and support that can be made available to Africa for development projects. 23 Oct 2014

Dubai ‘blueprint for innovation’ looks to private investors for energy projects

Dubai’s ruler has unveiled plans to promote a range of power generation projects, including small-scale solar installations, as part of a ‘national innovation strategy’ that aims to make the United Arab Emirates (UAE) “one of the most innovative nations in... 22 Oct 2014

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