Search

New Oil Producers in Africa Attract Investment as Established Players Lose Ground

  • Nigeria, Angola face declining production due to underinvestment
  • Newcomers like Namibia and Tanzania draw significant capital for exploration

Abuja, Nigeria – New African oil and gas producers are attracting investment at the expense of older players, as countries seize what may be their final opportunities to capitalise on fossil fuels ahead of the global energy transition.

Recent Business

A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Borrowing again: Why Africa’s Eurobond comeback could haunt 2026
Read More »
Payment system. Photo by Nathana Rebouças @ Unsplash
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
Read More »
Usakos, Namibia. Photo @ Unsplash
Namibia GDP growth slows to 1.9% in Q3 2025
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights