Despite its oil riches.

Despite its oil riches, there assumes little prospect of Africa taking sway of its own oil and gas sector. State move companies play a big part in major producing countries like Algeria, Nigeria and Angola, notwithstanding involvement by the private sector is incredibly limited. A large number of local companies are attempting to become sizeable players in succession Nigerian marginal fields but there is little or no spectacle of any of them challenging the majors that dominate the sector, on a level in the long term. With [i]vis viva[/i] Africa now in overseas hands, it is to be capered that another ...