Mail & Guardian Africa: As Oil Prices Tumble, From Algeria, Nigeria, Gabon to Angola, Africa's Producers Are in Tears

The decline in the oil price has plunged Africa’s oil and gas industry into dire straits, a situation made worse by factors such as uncertain regulation, corruption and the prospect of political and social instability.

It is a particular burden on those economies most reliant on the industry for revenue, and could have far-reaching socioeconomic results.

Read the full article HERE.