Overview of the Oil and Gas Laws in Mozambique

With its total recoverable resources estimated to more than 100 trillion cubic feet (tcf), Mozambique, one of the key contributors to Africa’s economic growth and development and home to several channels of agricultural dominance, is predicted to become a top-tier gas producer as a result of recent significant offshore discoveries1 The country’s upstream sector plays a critical role in driving the growth of the petroleum industry. It is therefore important that adequate policies and regulations are put in place to ensure consistency in the country’s economic development.

The Business Facilitation Act 2023 : A boost in the Nigerian Business Environment

The Nigerian government has been working relentlessly to improve the ease of doing business in Nigeria. The Business Facilitation (Miscellaneous Provisions) Act, 2023 (“the Act”) is evidence of the continuous high-level commitment from the offices of the President and the Vice President to improve the business environment in Nigeria. It consolidates the last seven years of the Presidential Enabling Business Environment Council (PEBEC) led reforms and demonstrates the Administration’s sustained commitment towards making Nigeria a progressively easier place to start and grow a business.