Gems to oil

Claims by Diamondworks, a South African-based, Canadian-registered company with a colourful history in mining and security (AC Vol 44 No 15), to have secured oil trading rights in São Tomé e Príncipe are stirring a political storm. It threatens to draw in neighbouring Nigeria, just as the two countries try to resolve differences over oil concessions in the Joint Development Zone around their undemarcated maritime boundary.

Article Tags:
South African, Canadian, Nigeria, Patrice Trovoada, Fradique de Menezes, Miguel Trovoada

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