Saturday , September 25 2021

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Extractive industry economically important to East Africa Region, says official

Eastern Africa Mining and Energy Conference (EAMEC), which will take place from October 12th to 14th, 2021 at the Safari Park Hotel in Nairobi, Kenya, is Eastern Africa’s largest and only international and local Mining and Energy forum. It is designed to bring together key players in the mining, oil, …

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North African Oil and Gas Producers Ready for Energy Transition.

Several players active in North Africa’s oil and gas space-producing countries, independent oil companies (IOCs), service providers, and others, are already signed up for Africa Oil Week in November this year. Africa Oil Week announced that the event is temporarily moved to Dubai as a Covide-19 safety measure, but will …

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Owners of Mining Companies at Loggerheads over missing money

A perfect storm is brewing at mining firm Athi Stores Ltd, with directors fighting over Sh2.5 billion in allegedly embezzled funds, the taxman seeking his pound of flesh, and angry staff demanding Sh60 million in termination bonuses. The boardroom squabbles pit two families against one another, perhaps setting the stage …

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