AFRICANGLOBE - In many ways, Dangote’s ascent recalls that of Gilded Age tycoons such as Andrew Carnegie and Cornelius Vanderbilt, who accumulated great fortunes as they created industries.
AFRICANGLOBE - Nigerian lawmakers are launching an investigation into the oil industry after a financial watchdog group said Swiss traders may have been involved in what they called "one of the most massive frauds the African continent has experienced."
AFRICANGLOBE - Uganda and Kenya have recharged plans for an oil pipeline aimed at transporting petroleum products between the two east African countries.
Analysts praised...
AFRICANGLOBE - With oil economies booming in Africa, OpenOil has published a guide to help ordinary citizens understand the complex and jargon-filled oil contracts...
South Sudan on Thursday issued an order instructing foreign and national companies involved in oil industry to immediately resume production and exports through the...
The Angolan government can encourage the oil industry to create positive spillovers for local industry, but not all local ownership leads to employment growth.
For...
AN industry watchdog, Platform of London has accused Royal Dutch Shell, the parent company of Shell Petroleum Development Company of Nigeria (SPDC) of funding armed gangs, which had fuelled human rights abuses in Nigeria.