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
South Sudan and Sudan have reached an agreement regarding the exportation and payment of oil between the recently-separated states
