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Caps on revenue flows to county government are unlikely to be hit. The Final Investment Decision (FID) projected for 2019 is likely to be for over 600 million barrels, not the “Foundation Stage”. A 20% participation of National Oil Company NOCK will not yield extra profits until the 2030s
Government take is in the low 60s% under most scenarios. Pipeline and grade of oil are key elements in – and the economics of the project are still not locked in.

Stewardship is defined by Merriam-Webster as the conducting, supervising or managing of something; especially: the careful and responsible management of something entrusted to one’s care. I travelled to Kigali last month for some meetings. I walked up to the counter at the airport and the Immigration Officer greeted me with a smile and welcomed me …

InVhestia is currently the only accredited trainer and sponsoring body for test takers for the FAST Standard examination in Africa.

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I started my internship in late August 2019. My role was to help organize and facilitate the 4th InVhestia FAST Standard Financial Modelling Competition. I was very ‘green’ in aspects of finance, modelling, and everything related to the field. I did however, have a background in event organizing as the Vice President of AIESEC at …

The Nairobi Securities Exchange (NSE) launched an incubation and acceleration program called the Ibuka late last year. Ibuka is a Swahili word meaning to emerge. The program seeks to end a prolonged listing drought at the bourse by taking small and medium sized companies through a 10 month incubation period. The program is designed around …

HOW WILL THE REVENUE BE SPLIT AND WHAT DOES THIS MEAN? Turkana is Kenya’s first oilfield. It was discovered in 2012 by the Anglo-Irish firm Tullow Oil which has aroused great interest in Kenya. Kenya introduced new rules to share revenues from natural resources as part of a broader move to strengthen the county governments. …

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