Reforms

Africa Mining: “Ethiopia finalizing mining industry reforms” – Minister

Posted on February 7, 2019February 7, 2019 by Mozambique Resources Post

Ethiopia will finalise reforms for its underdeveloped mining and oil sectors within the next two months as it seeks to encourage more foreign investors, its mines and petroleum minister said on Tuesday.

Africa Oil & Gas: “Nigeria’s oil sector reforms on hold again” – Petroleum Economist

Posted on September 18, 2018September 18, 2018 by Mozambique Resources Post

President Buhari’s decision to delay passage of a petroleum industry bill won’t help investment sentiment, but shouldn’t affect offshore activity in the near term Nigeria’s latest effort to reform governance of its oil and gas industry seemed to be going unusually well.

Africa Energy: Egypt hikes gas prices by up to 75% in IMF-backed austerity plan

Posted on July 27, 2018July 27, 2018 by Mozambique Resources Post

Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75%, the latest move in an IMF-backed austerity programme that has left many Egyptians struggling to make ends meet.

Africa Oil & Gas: Nigeria Reforms Oil Sector To Draw New Investment

Posted on December 8, 2017December 8, 2017 by Mozambique Resources Post

Provisions in the 2018 budget, published in early November, set out proposals that allow for the sale of state equity in joint-venture (JV) oil assets, a move officials say will raise N710bn ($2bn).