Nigeria, others to drive $58bn investments for Africa’s oil, gas industry
By Adewale Sanyaolu
Nigeria, Libya and Angola have been tipped as countries to drive fresh $58 billion investments into the region’s oil and gas upstream sectors. The investment boom forecast formed major highlights of discussions at the opening panel of the African Energy Week (AEW) 2024 conference, holding in Cape Town, South Africa, from November 4-8, 2024.
The event, themed “Making Energy Poverty History by 2030,” focused on the critical role African energy resources