2012

Agri Energy out of Australia has jumped on the Africa bandwagon, acquiring a stake in Sudan’s oil and gas industry through its purchase of an interest in another company. Agri picked up a 49.9% stake in Africa-focused explorer Statesman Africa.

Kenya plans to spend a significant amount of cash in the coming years to add to its oil and gas infrastructure. The government is making moves to spend an estimated $25 billion on a second port, an oil pipeline from South Sudan, and roads. The infrastructure spend is aimed at luring more investors into the East Africa region.

South Sudan's Upper Nile oilfields may take up to half a year to resume production after the government signs a final deal on export fees with Sudan, South Sudan's oil minister said on Thursday.

African Union-brokered talks between Sudan and South Sudan to resolve lingering issues from their partition a year ago have been postponed until next week because of the funeral for Ethiopia's former prime minister, an official said on Monday.

Many credible companies and organizations around the globe have heavily invested in Corporate Social Responsibility (CSR) initiatives to put human face in their socioeconomic engagement with consumers of their products and services. This is not the case in South Sudan for reasons best known to those companies.

Arch-foes Sudan and South Sudan will come under pressure to reach a partial deal to secure their border at talks next week to clear the way for a resumption of oil exports and prevent a slide into economic collapse and war, diplomats said.

The proposed pipeline that would take crude from South Sudan to the Kenyan port of Lamu has a substantial price tag according to Juba’s finance minister Kosti Manibe. The minister said that the pipeline would cost $3 billion to be constructed.

South Sudan’s Chief Negotiator Pagan Amum told reporters in Juba on Saturday, August 4, that the two countries have agreed on a number of conflictive issues, although they are yet to strike a comprehensive agreement.

Sudan and South Sudan have reached an agreement on how to share the oil riches controlled by Khartoum before the country's partition, African Union mediator Thabo Mbeki has said.

Sudan and South Sudan are unlikely to seal a comprehensive agreement before a deadline expires on Thursday, raising the spectre of UN sanctions against the two former warring neighbours.