Funding approved for Egypt; Nigeria LNG Train 7 EPC awarded; Somalia bid rounds for offshore blocks; Kenya IMF funding; and Angola mining concessions.
West Africa oil and gas – part two
The oil rich West-African region has seen more than 100 years of exploration. Oil has been commercially produced since the 1950’s. With all this, very little has been invested in downstream facilities. Read part 2 of our West Africa oil and gas review.
310 New hospitals needed in Nigeria by 2030
Nigeria’s population will increase by 22% over the next decade. Investment in all critical infrastructure is a necessity, especially education, healthcare, water and more.
West Africa must invest $768 billion in Education
West Africa need to invest $768 billion to construct 96,000 schools. These schools will educate 96 million additional children and require 2.4 million new teachers.
Billions of US $ needed in West Africa by 2030
At 400 million people, West Africa has a population larger than the USA but a twentieth of its US’ GDP.
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