“Growth projections for oil and gas in Southern and East Africa are the best they have ever been,” said Nick de Blocq, Business Development Manager at Schlumberger East and Southern Africa. “The region holds a treasure trove of opportunities for local oil and gas sectors.”
A US$600mn oil refinery is to be established in Ndola on the Zambian Copperbelt under a public private partnership to augment the government’s efforts to find a long-term solution to high fuel prices and shortages 
Market Vectors Index Solutions (MVIS) has introduced the Market Vectors Unconventional Oil & Gas Index (MVFRAK), and the Market Vectors Nigeria-Focused Western Africa Index (MVLGOS).
Energy supply and rising temperatures are global problems, but the IEA says Africa's contributions will remain almost entirely positive
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