Several major international players have shown interest in the West African region, hoping to develop the region’s oil industry before the global demand for oil decreases. It’s not just the Ivory Coast that we’re seeing develop its oil and gas industry, as several countries across the continent are going full steam ahead with oil projects this year. These emerging economies will reap the rewards of a newly developed oil and gas industry. The optimistic response to a recent discovery in the Ivory Coast by Italian oil giant Eni, the first big find in the country in two decades, suggests that many African states are not yet ready to give up on fossil fuels and make the shift to renewables. In September, Côte d’Ivoire announced a major offshore oil and gas discovery, following initial exploration success in 2014. The positive outlook led several international oil firms to battle over the […]