2025 is turning into a transformational year for Africa's oil and gas industry as significant changes, transactions and policies are at play across the continent, both in mature and greenfield energy jurisdictions. West Africa's upstream is particularly awash with changes. In Nigeria, Indigenous companies have, via multi-billion-dollar transactions, taken ownership of onshore IOC assets in the Delta, a historic moment for Nigeria and Sub-Saharan Africa's oil and gas industry. In Senegal, Ghana and Côte d'Ivoire, upstream activity is accelerating. 

Angola's upstream sector is maintaining production levels, and its regulatory entities have pushed for the onshore space to receive more attention. Small and mid-sized Independents must be drawn in to reinvigorate mature assets as IOCs transition to greener pastures. Those greener pastures find themselves further south, in Namibia. With a new president, the country is overhauling its oil and gas regulatory structure, as investors watch closely. Discoveries continue to pick up pace, and first oil is on the horizon, triggering an influx of international and African service providers into the country. 

This pre-release, containing insights from executives across leading African upstream, downstream, financing, and service providers, spotlights developments in local capabilities, infrastructure, and new projects that are driving change in some of Africa's most interesting oil and gas producing countries.