fast moving consumer goods

No. 40: Three Things in African Markets You Need to Know This Week – October 14

Oct 14, 2014

Africa, Business, Economics

Africa, anti-corruption, assets, corruption, equatorial guinea, fast moving consumer goods, fmcg, kleptocracy, nguema, obiang, oil, oil exploration, president, private equity, scotland, second vice president, senegal, South Africa, vice president

Oil Discovered Off Senegal’s Coast – link The wave of West African countries discovering oil continues with Cairn Energy, a Scottish Oil Company, striking oil about 100km off the coast of Senegal. The company is not yet sure about the size of the discovery – a first for Senegal. When Ghana discovered oil in 2010,…