Africaâ€™s Power & Energy Exhibition & Conference is announced as market continues to attract investment
Africa has experienced massive internal growth in major areas within the last 20 years which have contributed greatly to investorsâ€™ assets and one area in particular is in particularly high demand and continuously predicting huge returns â€“ the energy market.
It has already had an impact in creating greater well-being to the people of Africa whilst boosting profits for shareholders involved. Due to this massive interest in the African power sector which includes the UNâ€™s 2014 â€˜Sustainable Energy for Allâ€™ programme and highlights Africa as one of the main areas of focus, EXPOGROUP is organizing The 5th Power & Energy Exhibition & Conference 2016 from the 10th to the 12th of June, 2016 at Kenya's prime international venue;The Dome in Nairobi and the 2nd edition from the 07th to the 09th of July 2016 at Tanzaniaâ€™s international venue; the Mlimani Conference Centre in Dar-es-Salaam.
Africa Oil Corporation, the partner of Tullow Oil Plc in Kenya has received Sh43.6 billion ($427 million) from Maersk Oil & Gas of Denmark in exchange for half of its stake in three exploration blocks located in the Lokichar basin.
Kenya National Highways Authority (KeNHA) has confirmed that the construction of a major highway at Kenyaâ€™s Coast is set to begin later this year. The Garsen-Witu-Lamu road in Kenya is expected to boost business and economic growth in the area once complete.
The Gezhouba Group Corporation (CGGC), a Chinese base company specializing in the construction of hydroelectric power stations plans to construct two hydroelectric power stations in Gabon.
The third oil and gas field in Ghana that is currently being constructed is on course, the Ghana National Petroleum Corporation (GNPC) has announced.
One of the leading Lebanese energy companies Phoenix Energy is now set to construct one of the largest solar power plant in Egypt after clinching a contract for the same.
A multi-million satellite complex Tatu City in Kenya , has announced that it had appointed US-based firm Power Engineers Inc to plan on power infrastructure for use within the industrial complex.