Eni to Invest 20bn Euros in Africa

Eni-Strikes-Gas-Off-MozambiqueItalian oil and gas giant, Eni,  has concluded plans to invest about 20 billion euros ($22.52 billion) in Africa over the next fours, mostly in oil and gas, the company’s Chief Executive Officer, Claudio Descalzi, said on Friday.
“In the next four years we are going to invest about 20 billion euros in Africa, about 60 per cent of our investments,” Descalzi said at the International Energy Agency in Paris.

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