Posts Tagged ‘oil’

Bust or boom? Oil prices and Africa

The massive drop in petroleum prices may be a blessing in disguise for many African countries.

Do you feel lucky? Will East Africans benefit from their natural resource discoveries?

The link from pumping oil to increasing life expectancy and reducing poverty is not direct.

Oil or fish? Why Ghana should balance oil production and fishing activities

Small-scale fishermen who live on Ghana’s western coast struggle to sustain their livelihoods with offshore oil exploration activities expanding.

Decrease of oil prices: An opportunity to end the smuggling of gas in Benin?

Arriving in Benin, you will certainly notice all the cans and fuel bottles sold on every street corner.

The cost of war: How the South Sudan conflict is impacting the entire East Africa

The ravages of war are not being felt only in South Sudan.

Most developing countries will benefit from oil price slump, says World Bank Group

Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth.

Why oil is unlikely to stay too low for too long

Tom Nelson and Charles Whall explain why they believe the oil price is unlikely to stay this low for an extended period of time.

The decline in oil prices: An opportunity

Diversifying exports has become a priority for development economists and policy makers of resource-rich countries around the world.

Africa needs to fully leverage its oil and gas resources

Much of Africa’s recent economic growth has been a direct result of the positive momentum achieved in oil and gas production.

The decline of Sudan’s cappuccino-sipping middle class

Sudan’s boom years ended when South Sudan seceded in 2011.

Africa’s economy set for dramatic changes

An interview with Carlos Lopes, the executive secretary of the Economic Commission for Africa.

African oil and energy sector fuelling global investor growth, says DHL

While oil and gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of course, their suppliers.

Olusegun Obasanjo: In Nigeria, agriculture is the new oil

When Nigeria announced recently that it had become Africa’s biggest economy, you could be forgiven for thinking that oil was the only reason.

Oil and mining to be the backbone of East Africa’s economic growth

Oil, gas and mining developments could have positive spill-over effects for the rest of the economy.

UK-based Soma Oil & Gas talks about its plans in Somalia

Soma Oil & Gas is the first company to sign an oil deal with the new Somali government.