Kamau Thugge

Mozambique’s LNG Revival Gets Boost from ExxonMobil as It Awards $1.1 Billion in Contracts

Posted on August 18, 2026 by Archak Mitra

Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]

Kenya Could Get $1 Bln Loan From China, Says Central Bank

Posted on December 6, 2023 by Know Afrika

Kenya could get a $1 billion loan from the People’s Republic of China, which can be used to partly settle a Eurobond that is maturing next June, the governor of the central bank said on Wednesday. The loan was first announced in October. Kenya’s President William Ruto asked China for a $1 billion loan, his […]