African Regulators Unite to Transform Oil Investment Landscape
Nigeria leads African petroleum regulators in launching AFRIPERF to harmonize oil regulation, attract investment, and ensure transparent energy governance. Sixteen countries participated in the charter signing aimed at creating integrated energy markets. AFRIPERF aspires to be Africa's leading regulatory cooperation platform for the petroleum sector.
In a significant move, African petroleum regulators, spearheaded by Nigeria, have launched the African Petroleum Regulators Forum (AFRIPERF) to harmonize oil regulations continent-wide, according to the Nigerian oil regulator. The forum aims to foster crucial investment in Africa's energy sector.
Representatives from sixteen countries gathered in Accra for the forum's charter signing, held alongside Africa Oil Week. The forum seeks to create a consistent, transparent regulatory environment to attract investment, with eight countries, including Ghana and Nigeria, officially endorsing the initiative.
AFRIPERF seeks to be a leading platform for regulatory cooperation and investment promotion. This initiative reflects Africa's commitment to align energy governance with global standards while enhancing its influence in international energy policy.
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- Africa
- Petroleum
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- Investment
- Nigeria
- AFRIPERF
- Energy
- Oil
- Ghana
- Governance
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