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
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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.
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