Royal Dutch Shell vice-president for finance and strategy in sub-Saharan Africa, Bernard Bos, has said that Nigeria has a scope for investment worth US$400bn in the oil, gas and power industries
Olusegun Aganga, Nigerian minister of trade and investment, has revealed that the Onne oil and gas free trade zone (FTZ) has brought US$6 billion into the country since it was established in 1997
Zambia has awarded a US$500mn contract to commodities trader, Trafigura, to supply the country with petrol and diesel for one year
South Sudan has invested in a US$3bn pipeline that will allow the newly-independent nation to export oil through Kenya’s Lamu port and reduce its dependence on Sudan
The Nigerian National Petroleum Corporation (NNPC) has recorded a 300,000 bpd increase in crude oil production to the current 2.7mn bpd from the last-recorded rate of 2.4mn
