Author: The Editorial Team

NEW YORK (Capital Markets in  Africa): Democrats face dwindling chances to get testimony from former National Security Adviser John Bolton and others in the Senate impeachment trial as the pool of Republicans willing to even consider defying President Donald Trump keeps shrinking. The possibility of new, potentially damaging revelations emerging from testimony or documentary evidence has always been the greatest unknown in a process where there’s little chance that two-thirds of the Republican-controlled chamber would vote to oust the…

President Macky Sall opened the Oil & Gas Council’s 4th MSGBC Basin Summit & Exhibition in Dakar on Wednesday.  Held in partnership with PETROSEN, Senegal’s National Oil Company, the conference played host to the official launch of the country’s first offshore licensing round.  Comprising 12 offshore blocks, it is expected to draw wide interest from a variety of operators given the country has had eight major oil and gas discoveries since 2014, when the Council…

HARARE (Capital Markets in Africa) – Sanctioned by the West and spurned by China, Zimbabwe has turned to the United Arab Emirates in its latest bid to find a savior that can arrest the collapse of its economy. Zimbabwe’s government has approached the U.A.E. in hopes of selling a stake in its national oil company, according to three companies and government officials familiar with the plan. It also wants companies in the U.A.E. to buy…