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Oil and Gas - emerging opportunities in East Africa

Traditionally, East African economies have depended on agriculture, services and manufacturing. However, since the mid 2000s, international oil and gas companies have been busy drilling test wells both on and offshore across East Africa. Uganda announced its first find in 2006, with commercially viable reserves announced in 2010 and 2014. Further exploration licences are likely to be auctioned this year. In Kenya, the UK’s Tullow Oil found the first onshore oil reserves in 2012. Please click on the link below to read the full article.

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East Africa Oil and Gas.pdf235.51 KB