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Emerging Markets

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

Nairametrics · 1h ago · 🇳🇬 Nigeria

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 investment and production. The post Africa upstream investment falls to $37 billion as Nigeria, 4 others dominate sector — IEA appeared first on Nairametrics .

Read the full story at Nairametrics →

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