{UAH} East Africa’s potential whets energy investors’ appetites | The National

Africa's appetite for gasoil and petrol is expected to climb by as much as 8 per cent, while demand for liquefied petroleum gas (LPG) has hit double digits. 

Africa produced 8.2 million barrels per day of crude last year, with 76 per cent coming from Nigeria, Algeria, Egypt and Angola, according to PricewaterhouseCoopers. 

But East Africa is starting to change Africa's energy map. 

The East African Community (EAC) hopes to invest about $1.5 billion to build 1,454 kilometres of regional and domestic pipelines over the next few years. The longest pipeline will be the 784km Kenya-Uganda-Rwanda route.

East Africa must react quickly to satisfy the demand of its thriving middle class. Such households in 11 sub-Saharan African countries – including Tanzania, Kenya and Uganda – are expected to more than double from 15 million people to more than 40 million by 2030, according to Standard Bank's research from last year. 

http://m.thenational.ae/business/economy/east-africas-potential-whets-energy-investors-appetites

Sincerely,

Brian M. Kwesiga