The race for oil and gas in Africa
Africa is home to some of the world's fastest-growing economies, with many of them relying on oil for foreign exchange.
It is estimated that 57 percent of Africa's export earnings come from hydrocarbons. Proven oil reserves have grown by almost 150 percent, increasing from 53.4 billion barrels since 1980, to 130.3 billion barrels by the end of 2012.
The region is home to five of the top 30 oil-producing countries in.... Read more »
Posted on : Tuesday , 25th October 2016
















