As emerging producers gain prominence across the continent, lessons from Africa’s largest oil and gas markets show that the right reforms do more than improve governance – they deliver production, investment and measurable results. The Petroleum Industry Act (PIA) 2021 overhauled the oil and gas sector, streamlining licensing and reducing bureaucracy to restore investor confidence and target 2.5 million bpd. A planned Gas Master Plan, dedicated Gas Code and new licensing rounds are strengthening the investment climate. Lessons for emerging producersThe experiences of Africa’s largest oil and gas markets offer critical guidance for emerging producers. Uganda, which anticipates first oil production at the Kingfisher and Tilenga fields in 2026, stands to benefit from lessons across the region.
Source: The North Africa Journal December 31, 2025 16:30 UTC