Posts Tagged ‘oil’
The massive drop in petroleum prices may be a blessing in disguise for many African countries.
The link from pumping oil to increasing life expectancy and reducing poverty is not direct.
Small-scale fishermen who live on Ghana’s western coast struggle to sustain their livelihoods with offshore oil exploration activities expanding.
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.