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Angola more exposed to financial crisis

The Angolan economy is essentially based on oil exploitation. João Lourenço is counting on the First Lady and two ministers to restore Angola's balance sheets after the fall of the oil price...

By Craig Lebrau, Issued by Lebrau Press 2 Jul 2020

Nigeria's post-Covid-19 recovery plan has some merit. But it misses the mark

The Covid-19 pandemic will have economic consequences for many countries. In Nigeria, the country's lockdowns froze economic activities, causing job losses and supply chain disruptions.

By Tolu Olarewaju 22 Jun 2020

Update on Mozambique LNG project

In recent weeks, Mozambique liquified natural gas project (LNG) has garnered much media coverage - for both positive and negative reasons. In April, it became the centre of the country's Covid-19 outbreak..

8 Jun 2020

Ghana has tried to be responsible with its oil wealth. This is how

After Ghana discovered oil and gas in 2007, the government and civil society aspired to avoid the "resource curse". This is when countries have an abundance of non-renewable natural resources but no economic growth...

By Emmanuel Graham, Ismael Ackah, Nathan Andrews & Ransford Edward 29 May 2020

Namibia's plans for greater energy security

To improve its energy security, Namibia is planning to grow its upstream industry by reviewing its policies in a bid to court private sector investors...

By Nicci Botha 18 May 2020

New Angolan budgetary restrictions underline government's determination to support Opec

Angola has suspended all contracts signed under the public investment programme where a source of funding has not yet been definitively secured.

13 May 2020

Total buys Tullow Oil's Uganda project

Total has acquired Tullow Oil's entire interests in Uganda Lake Albert development project including its East African Crude Oil Pipeline for an overall consideration of $575m...

29 Apr 2020

How oil and water create a complex conflict in the Niger Delta

In the Niger Delta's coastal communities, oil pollution of the marine environment has depleted the fishing and water resources that people have traditionally depended on for their livelihoods. This has led to a complex pattern of conflicts in the region since the late 1990s...

By Abosede Omowumi Babatunde 23 Apr 2020

AU study: Covid-19 could cost Africa $500bn, damage tourism and aviation sectors

Up to 20 million jobs in the formal and informal sectors in Africa could be lost because of Covid-19, according to a new study by the African Union...

By Kingsley Ighobor 17 Apr 2020

Covid-19: Nigeria should prioritise power supply to healthcare facilities

Nigeria may have to implement a nationwide lockdown to stem the rise in Covid-19 cases. Such a drastic measure would alter the country's energy consumption pattern. This would further burden an already dilapidated power supply system...

By Samuel Ayokunle Olowosejeje 31 Mar 2020

Relief for Equatorial Guinea oil & gas services companies

Equatorial Guinea is waiving oil & gas services fees in the wake of the oil price drop caused by the coronavirus pandemic. Oil prices currently remain at around $20 a barrel, their lowest level since 1991...

24 Mar 2020

Mozambique's gas promise

It has been almost exactly 10 years since Anadarko drilled the well that would give Mozambique its first major gas find in over 60 years of mostly disappointing oil and gas exploration...

By NJ Ayuk 3 Mar 2020

Equatorial Guinea positioning itself as a regional gas hub

Equatorial Guinea is positioning itself as the Gulf of Guinea's gas hub and and hopes to deliver where others have failed: developing the first successful cross-border gas venture on the continent...

31 Jan 2020

US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

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