Be the first to like this
Africa is home to some of the world’s fastest-growing economies, many of them buoyed by new oil and gas finds, including Mozambique, Tanzania, Kenya, Uganda and Ghana. The region is also home to what could be game-changer reserves for the industry. Even though global petroleum commodity price is presently projected to moderate in 2014 from last year, is expected to remain more than 75% higher than in 2013. As a result, Africa’s key oil producing countries are expected to continue to list amongst the fastest expanding on the continent.