South Sudan and South Africa have inked an exploration and production sharing deal for oil in a sign that South Sudan is well on its way to put its best foot forward in order to attract additional foreign investments in its oil sector. The deal with South Africa is its second since gaining its hard-fought independence that left While South Sudan has made strides in recovering since its independence, UN peace-keeping head Jean-Pierre Lacroix said near the end of 2018 that this peace isn’t yet fully sustainable, with reports that clashes are still popping up from time to time. South Sudan has sub-Saharan Africa’s third-largest crude reserves, estimated at 5 billion barrels of proved crude oil reserves, according to the U.S. Energy Information Administration (EIA). South Sudan’s oil flows were reportedly uninterrupted by the conflict in its northern neighbor, Sudan, a couple of weeks ago, after its president was […]