Archive for the ‘Oil & Gas’ category
While 52% of FDI went into the resource sectors, EY’s report highlights an increasingly diversifying economy.
Oil, gas and mining developments could have positive spill-over effects for the rest of the economy.
Although Nigeria now exceeds South Africa in economic size, it still has a long way to go to reach a similar level of development.
Local and international hotel brands are growing operations in Nairobi.
Africa’s promising power sector is generating interest in renewable sources.
The West African nation has set itself an ambitious target of becoming one of the world’s top 20 economies by 2020.
African cocoa farmers see tiny portion of profits from finished products.
Consulting firm A.T. Kearney has ranked Benin as the 11th most attractive market for retailers in Africa.
Foreign interest in oil and gas discoveries in eastern Africa means more business for hotels in those regions.
Across sub-Saharan Africa there are towns and cities experiencing fast growth on the back of new mining and oil projects or other business activities.
A new report describes Nigeria’s richest individuals.
Africa’s largest producer of crude oil is the continents second-biggest importer of petroleum.
Why do some of the world’s most resource rich countries have the poorest populations?
The Africa Progress Panel reports that Africa loses more through illicit outflows than it receives through foreign investment.
“Minerals are not a curse. They can certainly be the best boon,” says Chamber of Mines of South Africa boss.