With its economic indicators showing clear signs of recovery, and the current Parti Démocratique Gabonais (PDG) set to retain power after this year’s elections, Gabon’s economic plans are moving ahead at full speed
Industry
Angolan oil and gas infrastructure sparks investment opportunities
Angola has emerged as an investment hotspot in recent years, with a suite of global energy majors, independent oil and gas firms and service companies either expanding their presence or entering the promising market
Addressing project delays in Africa's oil and gas industry
Historically, oil and gas projects are known to experience delays ranging from 5-20% owing to project complexity, significant capital requirements and the multi-faceted nature of developments
Nigeria’s TAG Energy Group becomes distribution partner for Bosch Rexroth
Bosch Rexroth Africa Development, a Bosch Rexroth Africa Group company, announced its distribution partnership with Nigeria’s TAG Energy Group
Oil will determine Angola's growth, says its Minister of Economy and Planning
Angola’s Minister of Economy and Planning, Mário Caetano João, has indicated that the southern African country is forecasting economic growth of 3% in 2023, with an increase to an average of over 3.6% between 2023 and 2027