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
AfriCatalyst, a Dakar-based global development advisory group, has urged African leaders to develop a framework for issuing African Methane Abatement Bonds (AMAB)
Final negotiations for the financing and construction of Uganda’s US$4bn domestic refinery began this month after Alpha MBM Investments from the United Arab Emirates was chosen by the government of Uganda as preferred bidder
The African Energy Chamber signed a memorandum of understanding (MoU) with the African Petroleum Producers Organisation (APPO) in Brazzaville
This year may see a broadly balanced oil market, reflecting slackening demand in advanced economies (impacted by monetary tightening), OPEC+ alliance cuts, plus a slowdown in non-OPEC supply, says economist Moin Siddiqi
