Oil rig in the ocean bay of cape town
Capital demands African regulatory stability
Financial fundamentals and sustainability considerations will also be key to attracting the project financing required to develop recent discoveries
African governments must implement investor-friendly measures and stick to their commitments if they are to attract international capital and develop the recent wave of huge discoveries across the continent to their full potential. “Country stability and the regulatory environment that we operate in [within] a country, as well as a proper oil development framework, must be part and parcel of it,” said Shirley Webber, managing director and head of natural resources at African financial services firm Absa Group, on a panel discussing capital raising for transformative projects, at Africa Oil Week on Thursday. “It is very important for countries to ensure that there is a stable environment, for
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
