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East African Energy Boom On The Way

AFRICANGLOBE - The International Energy Agency predicts that by 2040 Africa will be producing more natural gas than Russia, with much of it coming from Tanzania and Mozambique. Kenya and Uganda are also preparing their own hydrocarbon booms, but much remains to be done in 2015 to speed up production and deliver benefits to local economies.

SouthWest Energy Eyes East Africa Oil Boom

AFRICANGLOBE - SouthWest Energy of Ethiopia aims to be the latest company to profit from east Africa’s oil and gas exploration boom after securing encouraging third-party estimates for the amount of oil contained in its licences across the country.