Corporate Council on Africa News Updates

CCA MEMBERS IN THE NEWS

Exxon to Pay Eni $2.8 Billion for Mozambique Gas Block Stake Bloomberg
Exxon Mobil – Exxon Mobil Corp. said it will buy 25 percent of a liquefied natural gas project off Mozambique from Italy’s Eni SpA for about $2.8 billion… Read more>>

INFRASTRUCTURE

Construction of Ethiopia’s Genale Dawa III at 91% Construction Review Online
Ethiopia’s Ministry of Water, Irrigation and Electricity (MWIE) disclosed the construction progress of Genale Dawa III hydro-electric power project to being at 91%…..Read more>>

Nigeria: Lagos 4th mainland bridge announced African Business Magazine
Lagos State Government has announced that a new bridge is to be built between Lagos Island and the mainland…. Read more>>

TOURISM

Finally, Hotel Investors And Developers Are Interested In Sub Saharan Africa MENAFN
Despite the recent slowdown in macroeconomic growth and the crash of equity markets, Sub Saharan Africa’s hospitality industry is gaining traction as tourism becomes one of the fastest growing. … Read more>>

Kenya angles for more tourist arrivals with new cruise terminal Business Daily
Kenya expects tourist arrivals by sea to go up this year after the completion of a new cruise terminal later this year…. Read more>>

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