In May 2013, the Namibian Government announced that oil had been discovered in the Walvis Bay Basin. Although millions of dollars have been spent in exploration drilling, there is no oil production to date. Although this marks the beginning of the...
Lesotho’s entire petroleum requirements are met through imports as the country does not have any established reserves of crude oil. The country is a mountainous enclave surrounded entirely by South Africa. Ninety-five percent of its fuel is...
Zambia’s overall petroleum needs are supplied through imports as the country does not have any established reserves of crude oil. The petroleum industry in Zambia is made up of TAZAMA Pipelines, which is owned by the Governments of Zambia and...
For companies operating large fleets in Africa, budgeting for fuel has become increasingly difficult as rapidly changing oil prices and currency fluctuations play their part. Although Nigeria is the largest oil producer in Africa, lack of...