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    UAE risk management Olive Group acquires Newport Africa

    January 12, 20152 Mins Read
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    East Africa’s energy and infrastructure sector provides a strong lure for third party service providers looking to follow the investment boom

    UAE-based risk management and security provider Olive Group has acquired Newport Africa, a Nairobi-based peer, expanding its reach into East Africa’s energy and infrastructure sectors.

    Olive Group provides risk management services and analysis across spheres including aviation and maritime concerns, cyber security, expeditionary support and mine action.Related article KICC named as Africa’s top business travel destination

    KICC named as the continent’s top destination for MICE at the 26th annual World Travel Awards

    Martin Rudd, Olive Group MD, noted: “Newport Africa, like Olive Group, has focused on the development of security solutions for the oil and gas sector and various governments. Our companies are particularly well-matched and we are excited by the opportunity ahead of us.”

    Newport Africa has been working with a set of specialists to assist energy companies in the region with risk management strategies.

    Rob Andrew, Newport Africa MD, said the company had grown quickly in the region and the acquisition would enable the firm with the technical and operational capabilities to serve clients better.

    Tanzania encourages Omani investment in agriculture and exploration | Ethiopia studies $5bn in mining, geothermal resources | RAK Petroleum raises stake in Cote d’Ivoire oil field

    Related article KICC named as Africa’s top business travel destination

    KICC named as the continent’s top destination for MICE at the 26th annual World Travel Awards

    cyber security East Africa energy exeditionary support Gas Infrastructure maritime concerns mine action Nairobi Newport Africa oil Olive Group risk management security provider UAE
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    MENA startups raised almost USD 4 billion in 2022

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