Industry

Africans are feeling the pinch caused by soaring global energy prices, say analysts, even in countries like Nigeria and Angola that are major exporters of crude oil.While that handful of oil producers is seeing an increase in revenue – especially since...

Russia's invasion of Ukraine, and the sanctions that followed, has pushed the price of oil to over $100 per barrel, the highest level in eight years. But, it's also opened an opportunity for African oil producers like Nigeria, Angola, Libya, and Alger...