Africa oil boom fades over sub $50 crude

*Door shuts on high-cost deals 21 November 2015 – “On the brink of a boom,” was the banner on PricewaterhouseCoopers LLP’s review of Africa’s oil industry 16 months ago. Now, oil below $50 has made more than two out of three investment projects on the continent non-viable. “Capital markets are effectively closed to the oil […] More »