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Africa upstream investment falls to $37 billion as Nigeria, 4 others dominate sector — IEA

Africa’s upstream oil and gas investment fell to $37 billion in 2025 from $68 billion in 2016, with Nigeria and four other major producers accounting for most of the continent’s in

Olalekan AdigunJuly 28, 20261 min read
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Africa’s upstream oil and gas investment fell to $37 billion in 2025 from $68 billion in 2016, with Nigeria and four other major producers accounting for most of the continent’s investment and production.

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