Dangote given 7 Kenyan oil blocs

Nigerian businessman Aliko Dangote has been given seven Kenyan oil fields for exploration, Kenya's Chamber of Commerce has said.

PM News reports that the decision was finalised during a meeting held in Abuja which was attended by both Nigerian President Goodluck Jonathan and Kenyan President Uhuru Kenyatta.

According to the report, Kenya offered Nigerian investors 46 newly discovered oil blocs during a visit from President Jonathan in September last year.

Kenya and Nigeria signed an agreement to increase trade and business between the two countries last year.

Daily Times reports that the Kenyan Airways now has 10 flights to Lagos per week in an effort to accommodate potential Nigerian investors.