Posts Tagged ‘oil’
Arriving in Benin, you will certainly notice all the cans and fuel bottles sold on every street corner.
The ravages of war are not being felt only in South Sudan.
Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth.
Tom Nelson and Charles Whall explain why they believe the oil price is unlikely to stay this low for an extended period of time.
Diversifying exports has become a priority for development economists and policy makers of resource-rich countries around the world.
Much of Africa’s recent economic growth has been a direct result of the positive momentum achieved in oil and gas production.
Sudan’s boom years ended when South Sudan seceded in 2011.
An interview with Carlos Lopes, the executive secretary of the Economic Commission for Africa.
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.
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, gas and mining developments could have positive spill-over effects for the rest of the economy.
Soma Oil & Gas is the first company to sign an oil deal with the new Somali government.
Despite some political and economic instability, Nigeria offers a range of investment and growth opportunities.
Rising oil prices will affect African economies differently, depending on whether they are net exporters or net importers of the commodity.
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.