African oil producers urged to balance local content with investment

Source: MyJoyOnline · 2026-11-15T15:51:38.000Z · Business

African oil-producing countries have been urged to strengthen local content development by creating a sustainable pipeline of upstream investments and projects, while maintaining an enabling business environment that attracts international investors. The call was made at just ended Local Content Conference and Exhibition (LCCE), where industry stakeholders stressed that building a resilient, competitive and sustainable oil and gas sector requires more than policies promoting indigenous participation.

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