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Kenya’s Plan to Toll New Nairobi-Mau Summit Highway Faces Opposition

Kenya is seeking alternative routes for the Northern Corridor road network from Nairobi to Mau Summit through Nakuru as traders raise concerns over the expected increase in the cost of doing business in the East African region as the highway will be subject to state tolling. Kenya’s Principal Secretary in the Ministry of Transport, Infrastructure,

Kenya’s New Oil Terminal Ready for Test Run

The terminal is expected to cut cost of petroleum products by reducing the cost of demurrage or the extra time taken to load and unload cargo, a big factor to the high cost of oil in the region. Completion of the new Kipevu Oil Terminal in Mombasa will see Kenya double its capacity to handle

Namibian Government Names Hyphen Hydrogen Energy as Preferred Bidder for First Large-Scale Green Hydrogen Production Project. 

Namibia will be home to one of the largest green hydrogen projects on the African continent. In a competitive bidding process, the government of the southern African country has selected Hyphen Hydrogen Energy to develop a hydrogen project involving the use of renewable energy. The Windhoek, Namibia-based company is owned by Enertrag, a German industrial

Congo’s Economic Growth Rises on Mining Sector Performance

The International Monetary Fund on Wednesday revised upward this year’s economic growth forecast for the Democratic Republic of Congo to 5.4% due largely to higher-than-expected mining production. The IMF said in statement that it had also reached a staff-level agreement with Congo’s government on the first review of a three-year $1.5-billion extended credit facility that

Converted Rig in Frame for Kudu Gas Development Offshore Namibia

BW Energy has signed an agreement to acquire the 2021-built semi-sub drilling rig Leo from Aqua-drill for $14m. The company plans to re-purpose the rig as a floating production unit for the Kudu gas to power project offshore Namibia. BW Energy believes re-purposing will enable an optimization of the project timeline and significantly reduce capital