Business Africa
The Organization of Petroleum Exporting Countries is giving itself time to decide whether or not to continue reducing global oil production this year
Will the Organization of Petroleum Exporting Countries be able to maintain its decision to reduce the global oil production this year while Iran and Venezuela are under US sanctions?
The April meeting in which OPEC was to decide on this issue could be cancelled, especially as the impact of these sanctions is yet to be determined.
Kenya : champagne has the dimension
Consumption of wines and spirits on the continent. Sub-Saharan Africa is reaching record levels of alcohol consumption with champagne becoming increasingly popular with consumers
Today, the consumption of wines and spirits is a real success with consumers. In 2017, WHO noted that alcohol consumption had increased significantly since 2010 with at least 5 litres per person per year.
In Kenya, the consumption of champagne is rapidly increasing.To understand the success of champagne consumption, we speak to Pierre-Louis Araud, the business development manager and global brand ambassador for Moët & Chandon in Africa.
01:28
Angola: OPEC and allies agree to gradually boost crude oil output
01:39
Projection of Oil demand uncertain even as output rises
01:12
OPEC+ Sees Global Energy Production Cuts In Light of the Pandemic
01:20
How Angola is boosting oil production
00:52
Eni's CEO to face the courts over corruption
01:30
Libya's parties demand equal division of oil