Thus, the presidency of Angola will be exercised by the minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, succeeding Mohamed Arkav, minister of Mines and Energy of Algeria, according to a note to which ANGOP had access this Thursday. For the vice-presidency, of the organization it was elected the Minister of Water and Mines of the Republic of Benin, Samou Seidou. During the session, ministers noted that the transition takes place at a time when African economies are preparing to embark into industrialization processes which require a lot of energy. The ministers identified the imminent challenges that the oil and gas industry will face in Africa, such as financial resources for research and technological development, calling on technologically advanced and financially capable countries to lend their products. The organization of African Petroleum Producers has 14 members, namely Algeria, Angola, Benin, Cameroon, Chad, Congo, Democratic Republic of Congo, Egypt, Equatorial Guinea, Gabon, Libya, Niger, Nigeria and South Africa.

Source: The North Africa Journal December 17, 2021 22:18 UTC