Business News

OPEC Woos Namibia After Angola’s Exit

Nigeria OPEC

By Adedapo Adesanya Africa may yet get another producer in the wider Organisation of the Petroleum Exporting Countries and its allies (OPEC+) after the exit of Angola and other players in recent years, as the group is considering Namibia for membership. According to a top African industry official quoted by Reuters, OPEC+ will have to ensure Namibia joins its Charter of Cooperation, a grouping that engages in longer-term dialogue on possible membership and energy markets. Mr NJ Ayuk, executive chairman of the African Energy Chamber, told the news agency that OPEC would like to see Namibia become a full member,