Africa’s upstream oil and gas sector is showing strong momentum as regulatory reforms in key markets improve investor confidence and unlock new capital. Industry leaders emphasize that stable and transparent frameworks are proving critical to sustaining exploration and production growth across the continent.
Long-been promoted as an efficient means of increasing foreign direct investment, facilitating commerce and creating employment in both developing and developed countries, the number of Special Economic Zones (SEZ) in Africa is growing, particularly in West Africa, which hosts the second largest number of free zones in Africa (24%).