With oil prices at an all-time low, we take a look back at West Africa’s oil and gas history and how the region currently operates, in a special two-part series. Naturally, the region has some of the largest oil and gas deposits in Sub-Sahara Africa. But while West...
By 20 April 2020, the International Monetary Fund (IMF) has disbursed over US$4.3bn to African countries. A further $6.7bn will be released to those who have sought assistance due to the impact of COVID-19. Figures released by the Africa Centre for Disease Control and...
Angola currently has a population of 32.6 million. ABiQ predicts it will grow to 40 million at a growth rate of 23% over the next decade. Being the second-largest oil producer in Africa, Angola’s economy is heavily dependent on oil sector revenues. The GDP was $110...
Algeria is the largest country in Africa and has a population of almost 44 million. Using ABiQ’s forecasting tool, we predict that the population will grow by 15% in the next 10 years to cross 50 million. Algeria is the 6th largest gas exporter in the world. Its...
ABiQ forecast Ghana’s population to grow by 18% to 36.5 million, from 21 million, over the next 10 years Ghana has the second-largest economy in West Africa and considered to be one of the fastest-growing economies in 2019 by the IMF. Its GDP in 2019 was $66 billion...
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