Major oil and gas discoveries and subsequent investments in infrastructure projects are set to help the oil and gas industry in Africa to grow, also helped by improved governance and regulation, PwC said in its newly released Africa oil & gas review 2019 . Rising investor interest in Africa’s oil and gas resources , renewed investment in exploration after the downturn, and major new finds offshore the continent are expected to shift African oil and gas development into a growth phase after years of stagnation, according to PwC. This year, Angola, Cameroon, Democratic Republic of Congo, Equatorial Guinea, Ghana, Mozambique, Nigeria, Republic of the Congo, Senegal, Sierra Leone, Somalia, South Sudan, and Uganda announced bidding rounds, PwC’s report showed . Africa is offering more than 220,000 square kilometers (84,942 square miles) of acreage, primarily located offshore. “Renewed optimism has returned to Africa’s oil & gas industry on the back […]