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African oil sector

The African oil sector faces significant security risks, with conflicts across the continent, piracy and underinvestment constraining its ability to maximize output. Production in key OPEC producers Libya and Nigeria has been volatile. Political instability has undermined attempts to secure the foreign investment required to develop new projects.

 

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Published on: September 04, 2026

Contributors: Rosemary Griffin, Eklavya Gupte, Max Lin, Charlie Mitchell

Editor: Gary Gentile

Design: Energy Content Design