For decades, oil and gas investors in Africa have focused on exploiting the riches of the continent’s established producers Nigeria, Angola, Libya and Algeria. In recent years, however, spurred on by large discoveries offshore Ghana and in the Lake Albert region in Uganda, the industry has been looking beyond the traditional oil markets to a… [Read more]
With all the discussion about the sustainability of currency unions lately, I thought it would be appropriate to see how developments in the eurozone and elsewhere were impacting Africa. Although few people may realise it, there are no less than 14 West African economies sharing a common currency, the CFA franc, which is in turn… [Read more]
Offshore gas industry is set for change and with it, the fortunes of the governments, companies and consumers connected to it. The harbinger of change is the floating liquefied natural gas (FLNG) vessel, a technology that will allow producers to commercialise offshore gas deposits without pipelines and onshore infrastructure. A ship comes along, taps gas,… [Read more]