28 juin 1999

Africa floats on a sea of oil and gas

The oil business is no shortage of rapid change. A few years ago, we never stopped talking about the Caspian Sea, which contains significant oil reserves, as a replacement for the Gulf Arab oil rich fields.However, the global oil industry has recently begun to refer to Africa and its oil reserves that far exceed those of the Caspian Sea. The geological and technological development and progress of offshore drilling to a depth of more than 400 meters below the water surface have revealed many surprises.The figures show that Africa... [Lire la suite]
Posté par Simply Human à 23:10 - - Commentaires [0] - Permalien [#]

07 juin 1999

Obasanjo faces serious challenges in Nigeria

On his arrival in power in Nigeria, Olusegun Obasanjo, received in his hands a country in a devastating situation: huge debts, high rates of poverty, ethnic conflicts and grave economic situation in his country, which was ranked, in the 70s, among the thirty richest countries of the world, and today one of the poorest countries. It’s enough to know what was announced by the Conference of the fight against poverty, which took place last January in the Nigerian capital Abuja: 60% of the population lives below the poverty line, while... [Lire la suite]
Posté par Simply Human à 05:37 - - Commentaires [0] - Permalien [#]