The under-explored gold-bearing grounds of West Africa are the “last frontier” in the gold space.
Peru’s mines are making up for the time lost during lockdown.
Gabon’s maturing fields and decreasing production levels, together with the low price regime over the past five years, have brought the country’s oil industry to a turning point.
The funding secured by Total in July represents the biggest foreign direct investment in Africa to date, which is larger than the entire GDP of Mozambique (US$14.93 billion in 2019, as per the World Bank).
Nigeria has enormous potential to diversify the economy away from crude oil, which has overshadowed the gas in Nigeria’s oil and gas industry. The country is struggling to exploit its natural gas resources which rank among the 10 largest worldwide.” Gbite Falade, managing director and chief operating officer, Oilserv
Brownfield expansions remain in favor.
