Frustrated Nigeria targets $20bn investment after ‘defeat’ to Angola

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French oil supermajor TotalEnergies snubbed Nigeria by choosing to pump resources into Angola, say Nigerian officials keen to claim pathways to other investor options.

. “Total announced $6bn of proposed investments in Angola. I am also pleased to announce that a company will soon reveal a $10bn investment in deep offshore,” said Lokpobiri, speaking at an event highlighting the achievements ofDangote says he will continue to import US oil: ‘We can’t wait’

Despite ongoing domestic supply, Aliko Dangote says he will continue to import crude oil as his refinery scales up production and seeks alternative su...The economic challenges of the continent – and competing narratives over China’s role – have underpinned Kenyan President Ruto’s visit to the US. ...African governments can learn from the Asian Development Bank’s approach to public-private partnerships, says Nedbank CIB’s Seja Kekana.

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