From Nigeria to Namibia, Africa’s Energy Revival Draws a Flood of New Capital

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Africa's energy sector is experiencing a revival, driven by reforms and investments, with a projected $41 billion in upstream investment in 2026.

Market Impact

Market impact analysis based on bullish sentiment with 77% confidence.

Sentiment
Bullish
AI Confidence
77%

Article Context

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Many of the resource-rich countries in Africa have intensified efforts to become more attractive for exploration and production (E&P) investment. Reforms in licensing rounds, production sharing contracts, and fiscal policy are improving investor returns and are set to drive $41 billion in upstream investment in 2026, the African Energy Chamber’s State of African Energy 2026 Outlook shows. From legacy oil producers Nigeria and Angola to emerging exploration hotspots such as Namibia, African resource holders are looking to compete with…

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Original article published by OilPrice.com on December 4, 2025.
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