Eni’s relationship with Africa is an essential part of its heritage. The continent in which the ‘six-legged dog’ took its first steps beyond Italy, back in 1954, links to the company’s past, present and future. Often referred to as the oldest continent on earth, Africa now has a new and increasingly important strategic role that challenges traditional stereotypes, with 70 per cent of the population aged under 30. But it remains a complex continent. While north Africa is pursuing industrialisation and expanding throughout the industrial value chain, in sub-Saharan Africa hundreds of millions of people still do not have access to electricity – a key factor in improving quality of life and fostering development.
Africa provides more than half of all Eni’s crude oil and natural gas, making us the leading international producer on the continent. We will continue our expansion by setting up development initiatives with ever-more stakeholders, encouraging continuous and sustainable growth.