accountWhile the oil reserve has been estimated to peak at about 40.05 billion barrels in 2016, it will later decline to 27.
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AFRICAN BUSINESS
Long plagued by poverty and conflict, the economic potential of Africa and African Business is just starting to be explored. The continent’s nearly one billion inhabitants have big consumer needs and surprising buying power; that potential is likely to make Africa the world’s next big value investment. What does this mean for business in Africa? If Africa is really the “last investment frontier,” business, and not charity, will finally break poverty’s continental choke-hold.
African Business is part of Business Exchange, suggested by
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US Gulf coast refiners will soon ship gasoline to west Africa as booming domestic crude production reverses petroleum...
BG Group today announced its fifth consecutive Tanzania gas discovery with the Mzia-1 exploration well.
The report of the task force part of which was cited by Reuters in a news report revealed loses in revenue and...
NewSat and leading satellite and teleport operators in both regional and local markets will convene in Johannesburg for...
The story of cocoa, once used in the Aztec court as currency and first tasted by Europeans centuries ago, has always...
SatCom Africa is the largest conference and exhibition focused solely on the African satellite communications market.
The introduction of wireless connectivity into rural and low-income communities with unique needs is creating all sorts...
There is a Rolls-Royce, a Maserati, an Aston Martin and a couple of Porsches, but it is the Bugatti Veyron that...
During the 5th Annual KESSA Conference in Bowling Green, Ohio, Futron Corporation presented its evaluation for a...
Two west African vacuum gasoil cargoes totalling 65,000t are destined for the US Gulf market over the next few weeks,...
Despite recent efforts to address the issue, Nigeria continues to lose a dramatic proportion of its oil production to...
Nigeria’s $1 billion sovereign-wealth fund (SWF) is set to start operating in the next few months, said the finance...
Big hurdles await a high-profile finance minister
The Bureau of Public Enterprises said on Saturday the preferred bidders for state power assets would be announced in...
New York News: Burkina Faso is now one of the fastest-growing gold producers in Africa, but back in early 2007 Burkina...
Nigeria will export 2mn b/d of crude in October, little changed on September and far from state-owned NNPC's recent...
Faced with a lack of infrastructure in Nigeria, South African supermarket chain Shoprite will invest $205 million (N32...
Oil ministry adviser cited tight gas--stuck in a very tight, impermeable formations--and shale gas--which is trapped in...
The International Finance Corporation, the World Bank’s private-sector lending arm, will invest up to $3.
Loses 3% of GDP annually to power shortage
U.K. oil giant resumes it $2 billion exploration program halted by the rebel overthrow of Col. Moammar Gadhafi's regime...
Labour ministry says ‘upon conclusion of a peace accord, the parties will start engaging on the demands raised by the...
To procure equipment
The U.N. Security Council approved a resolution threatening nonmilitary sanctions against Sudan and South Sudan if they...
Top Sources: African Business
- chairmanking.com
- ogj.com
- BusinessWeek
- platts.com
- ft.com
- youtube.com
- africabusinessreview.net
- IWS Documented News DAILY POSTINGS
- bloomberg.com
- businessday.co.za
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