Unveiling African Resources

Unveiling African Resources: Kenya discovers oil

Kenya has finally discovered oil in Northern Kenya where British Tullow Oil PLC has been conducting exploratory drilling. President Mwai Kibaki has confirmed the reports saying this is the first time Kenya has made such a discovery. Kibaki has further asked Tullow Oil to drill more wells to ascertain the commercial viability of the oil find.

Africa has a variety of resources that can stabilize the world economy. Investing in Africa strategically is not a bad idea.

Kenya discovers oil

Read more about this historical moment in Kenya.