Sonangol’s complex relationship with the Presidential office has created a de facto parallel government. Over the years it has operated outwith the traditional remit of a national oil company, exercising undue political and economic influence to the benefit of a select few. However, a combination of low global oil prices and restructuring will likely serve to finally curb its influence.
Under pressure to maintain Ethiopia’s economic growth, the government is keen to attract increased investment in its nascent manufacturing sector. A growing consumer market, a stable economy, and a large and relatively cheap labour pool, is an equation that is bound to attract interest from companies across the globe.
The Senate’s passing of the Petroleum Industry Governance Bill is a small, but significant, step towards the long-awaited restructuring of Nigeria’s troubled oil and gas industry. It is through the PIGB that the government hopes to open up the sector to more and better business opportunities through increased transparency, better accountability and clearer regulations.
In a matter of weeks, the introduction of three new laws has completely changed the legal and regulatory landscape of Tanzania’s extractives industry, risking the country’s reputation as one of Africa’s most attractive investment destinations. As Acacia has discovered, this emerging environment is not a welcome one.
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Nigeria has become one of Turkey’s most important providers of liquid natural gas (LNG), and with the LNG industry in both countries gaining increasing prominence, LNG trade between the two is likely to continue into the foreseeable future.
A shortage of reliable power in Ghana continues to be a major obstacle for potential investors, but as the new government attempts to make good on its promise to develop the economy and attract investment, solving the power crisis is becoming a priority.
This is Part II of a two-part article reviewing Nigeria’s agriculture sector – its opportunities and key players. Today’s contribution reviews the key players involved in the production of rice, wheat, and sugar.
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The government of Nigeria is actively promoting the country’s agriculture sector as a viable alternative to oil. Various schemes and investment incentives have been introduced, but the sector remains hampered by lack of infrastructure. Despite this, several businesses are capitalising on the move to make agriculture a key industry once again. This analysis covers emerging sector opportunities, and reviews its key players.
Recent discoveries of extensive offshore gas reserves have propelled Mozambique into the industry spotlight in recent years. This report outlines the main trends of downstream hydrocarbon theft, the key actors involved, and the impact of this activity.
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This week Shadow Governance release a report on the downstream theft of hydrocarbons in Ghana. Downstream hydrocarbon theft has remained underreported, despite producing substantial illicit profits. Our report details key actors, the main trends, and provides an impact assessment. A summary of the report is provided here.
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The downstream theft of hydrocarbons in Nigeria has remained underreported, despite producing substantial illicit profits for those involved. This report outlines the key actors involved in this trade, the main trends of downstream hydrocarbon theft, and the impact of this activity.
A media campaign launched this month is putting pressure on the government of Ghana to crackdown on the lucrative illegal mining industry. Calls for new regulations and laws, however, will likley be met with resistance by Chinese stakeholders.
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