Kenya: African mining, energy ministers converge in Nairobi for TXF Africa

Kenya’s Mining minister Dan Kazungu Muzee, has been confirmed as a keynote speaker for TXF Africa 2017 March 29-30, Nairobi, Kenya.

Muzee joins Hon. Armah Kofi-Buah, Minister of Energy and Petroleum for Ghana until December 2016 and current Shadow Minister and Chairman of the West Africa Pipeline, to bolster the presence of ministerial seniority at the pan-African event, which covers project, export and commodity finance.

Following the huge success of TXF Africa 2016 in Ethiopia, the conference moves to the Raddison Blu Hotel, Nairobi. It gathers 350 senior representatives from SOEs, Corporate Borrowers, Developers, Exporters, Producers, DFIs, MFIs, ECAs, Private Equity and Commercial Banks. Other key speakers include:

Dr. Benedict Oramah, President, Afreximbank;

Albert Mugo, Managing Director & CEO, Kenya Electricity Generating Company Limited;

Karim Nasser, CEO, TCQ Power;

Mandla Maleka, Chief Economist – Treasury, Eskom Holdings;

Andrew Patterson, Regional President for Africa, Bechtel;

Vishal Agarwal, Development & Investments Leader, GE Africa;

Ijeoma Onwuegbule, Head Risk Management Governance – Risk & Compliance, Nigeria LNG;

James Polan, Vice President, OPIC – Overseas Private Investment Corporation;

Hoda Moustafa, Head Of Africa, MIGA – Multilateral Investment Guarantee Agency;

Appointed Minister of Mining in December 2015, Kazangu was tasked with overseeing growth in Kenya’s mining industry. Last year, the sector accounted for just 1 per cent of the country’s GDP, with Kazangu citing an ‘historic lack of investment’ and ‘outdated national mining legislation’ as the root of the sector’s low output woes.

Kazungu has written a 20-year strategy which aims to double last year’s government mining revenues by June this year, while setting a goal of 10 per cent of GDP by 2030 – a figure likely to be well over $7 billion.

Kazangu will speak on a mining panel with leading mining figures, to discuss trends in commodity pricing, current opportunities in mergers and acquisitions, and whether producers active in Africa should invest in technological upgrades to existing projects.