The Bank of Namibia is seeking a balance between economic growth and fiscal stability, having implemented several lending rate increases in the past year to steer off inflation
Exploration
Senegal has set clear strategy to harness energy potential : IEA
First-ever International Energy Agency review of Senegal’s energy policies finds that robust institutions and planning, as well as success in expanding electricity access, bolster momentum towards 2035 goals
Africa to see lots of upstream action in 2024: Rystad Energy
The upstream industry hopes 2024 can be a bounce-back year for high-impact oil and gas drilling after a lackluster 2023, with Africa and Latin America likely to spearhead activities
Cooling off rig pressure
This year, Africas offshore is set to see multiple production and exploration activities following 2023, when about 36 drilling rigs have been contracted and others extended, raising further prospects
Safeguarding local interests
While oil majors flocking to Africa is a good sign in terms of increased revenue for the continent, securing the interests of the local community is of utmost importance under such circumstances