Crude oil refining emerged early on as an area of focus for the government of Muhammadu Buhari, who within weeks of assuming office as president had begun rolled out plans to overhaul the existing facilities. The government has also initiated a fresh attempt to build new plants, with a focus on attracting private investment, such as the...
As Africa’s largest oil producer, Nigeria’s energy sector accounts for 90% of exports and at least 50% of government revenues. The country is second only to Libya on the continent in the size of its reserves, and onshore fields have been productive for decades. Offshore deposits are a frontier that has been massively underexplored, and in recent years international oil companies have started...
The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse.
As the top nickel producer globally in 2013, the second-biggest coal exporter in 2015 and host to one of the largest copper and gold mines in the world, Indonesia has the capacity to compete with the most prolific mining nations. However, this potential has not necessarily been translated into strong production figures in recent times, and the...
Nowhere else in Indonesia’s economy are the costs and benefits of government efforts to boost value-added industries more apparent than in the mining sector. In the past, the state was content to allow international and domestic outfits a degree of latitude in determining the most effective way to profit from the extraction of lucrative...
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