The flurry of hydrocarbons discoveries in eastern Africa by oil juniors has spawned demand for infrastructure that is making life difficult for them: They dont have the financial muscle to invest in the infrastructure yet they must gain from their sweat. Only one way is open for them to sale off their stake. This is going to open the flood gates for mergers and acquisitions in the sector in the region.
East Africa Economic Report: East Africa bracing for M&As in oil sector
East Africa Economic Report: East Africa bracing for M&As in oil sector
