Category archives for: Oil & Gas

Clean energy the obvious solution to Nigeria power woes

Generators for electricity in Nigeria

from OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – EXPERTS have advised Nigeria to adopt clean energy to address power shortages and the absence of electrification in most rural areas in the West African country. This recommendation by a leading finance house comes amid the lack of electric energy cited for the slowdown of […]

The fall and fall of Africa’s richest woman

Africa's richest woman, Isabel dos Santos

from PEDRO AGOSTO in Luanda, Angola LUANDA, (CAJ News) – AN asset freeze threatening to paralyse her businesses is a rung downwards in the fall from grace of Africa’s richest woman, Isabel dos Santos, since her father’s demise from power as the president of Angola in 2017. It represents the loudest crack in the whip […]

Nigerians’ top expectations for 2020 revealed

Overpopulated Nigeria demand more jobs, energy and better life

from EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – A MAJORITY of citizens in Africa’s most populous country, Nigeria, expect improvements in the economy, job creation and energy supply in 2020. This is according to findings from an annual survey, the New Year Poll to gauge the expectations of Nigerians for the year. The […]

Old habits rendering Angola a no-go area for investors

Angola national assembly

from PEDRO AGOSTO in Luanda, Angola LUANDA, (CAJ News) – JUST recently, organisers of a major oil and gas summit scheduled for Angola next year bragged how the country was set to attract much-needed foreign direct investment (FDI) in 2020. Yet, prevailing crises, including a recurrence of corruption in the awarding of state contracts and […]

Is the African Nation of Angola the Next Venezuela?

Angola oil and gas

by ED PATRICOFF, PARTNER, SHUTTS & BOWEN BEFORE the current economic and humanitarian crisis that plagues Venezuela was realized, warning signs were present as the country’s debt and corruption began taking a toll on foreign investors. In 2016, U.S.-based companies such as Coca-Cola, General Mills, Procter & Gamble and Kimberly-Clark saw themselves leaving or halting […]

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