Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

Nigeria and Morocco to build gas pipeline

 

 

By the end of the year, Nigeria and Morocco will sign an intergovernmental agreement on the construction of an African-Atlantic gas pipeline worth $ 25 billion. The length of the new gas pipeline will be about 6900 km. It is expected that up to 30 billion cubic meters of natural gas per year will be transported through it.

 

The construction of the gas pipeline will be carried out in several stages. The first stage will connect Morocco with the gas fields of Mauritania and Senegal. Then Ghana and Côte d'Ivoire will be connected to the pipeline. The final section will connect Ghana with Nigeria's gas fields.

 

PREMIUM TIMES