Recent investments in Sabah’s palm oil sector, reinforcing both its processing and logistics capacity, could be the catalyst for further growth and capital input through the expansion of its downstream industrial capabilities.
Energy
Displaying 259 - 264 of 465
In the latest push by Nigeria’s larger corporates to expand their continental footprint, Dangote Industries has announced plans for significant new capital commitments throughout sub-Saharan Africa alongside two of the world’s largest institutional investors at the first ever US-Africa Summit in Washington DC in August.
Hopes of a path towards energy independence in the Philippines are gathering pace thanks to encouraging steps forward at the Malolos-1 onshore well in Cebu. Australian oil firm Gas2Grid said in July it is in the process of applying to the Department of Energy (DoE) to increase production for a full appraisal of the field.
With its significant reserves of liquefied natural gas (LNG), Egypt has been a key exporter for regional consumers over the past decade but with growing domestic consumption and a number of fiscal constraints, the country has been looking to secure additional supplies by expanding LNG capacity.
In a move to tap into its vast geothermal energy resources, Kenya recently invited bids for the construction of two new power plants, representing another step forward in its 2017 target to boost electricity production by 5000MW.
A renewed focus on developing the tourism and industrial sectors has driven a construction boom in Ras Al Khaimah (RAK) and led to the development of a host of industrial, residential, commercial and retail spaces. To support this growth, the government has at the same time invested in basic electricity, water and sewer networks.