ENI to invest €20bn in Africa

Paris- Italy's Eni plans to invest about €20bn ($22.52bn) in Africa over the next fours years, mostly in oil and gas, the company's chief executive officer Claudio Descalzi said on Friday.

"In the next four years we are going to invest about €20bn in Africa, about 60 percent of our investments," Descalzi said at the International Energy Agency in Paris.

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