Posts Tagged ‘oil’

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.

Notes from the Nigerian frontier

Despite some political and economic instability, Nigeria offers a range of investment and growth opportunities.

Oil prices and implications for Africa

Rising oil prices will affect African economies differently, depending on whether they are net exporters or net importers of the commodity.

Is there oil in Kenya?

Kenya hopes a commercial discovery will be made in the near future as the country has geological features similar to those of areas where crude oil was found in Uganda and natural gas is being exploited in Tanzania.