News Industry

Oil giants call for quicker permits as Africa seeks to attract investors

Oil giants call for quicker permits as Africa seeks to attract investors
Wednesday, 08 October 2025 14:48

• Oil majors including TotalEnergies and Chevron are calling for faster approval of exploration permits in Africa.
• Governments such as Congo and Angola are revising laws and granting more licenses to attract investors.
• NGOs warn that speeding up approvals could weaken environmental and public consultation standards.

Major oil companies such as TotalEnergies and Chevron are urging African governments to speed up authorization procedures for exploration projects. According to reports from industry sources they are calling for faster permit approvals and broader access to advanced seismic data, arguing that bureaucratic delays are discouraging new investments.

To attract investors in oil and gas, several governments are already focusing on faster approvals. In Congo, for example, Hydrocarbons Minister Bruno Jean-Richard Itoua said Parliament plans to adopt a new gas code by the end of October to draw in more capital. A few weeks earlier, TotalEnergies received a new offshore exploration permit for the Nzombo block. In Angola, the National Oil, Gas, and Biofuels Agency (ANPG) aims to award 60 concessions by the end of 2025.

However, while many governments view this policy as a way to bring in funds quickly and boost production, critics warn it could weaken environmental assessments and public participation. NGOs such as The Green Connection in South Africa and Afrewatch in the Democratic Republic of Congo have called for transparent and rigorous approval processes.

A recent court decision illustrates the risks of shortcuts. In South Africa, the Western Cape High Court annulled an environmental permit in August for an offshore exploration project on Block 5/6/7, citing flaws in the impact study and public consultation process.

According to the African Energy Outlook 2024 from the African Development Bank, many governments see faster permit procedures as a competitiveness tool compared with mature oil jurisdictions where licensing operates within a more predictable and stable framework.

On the same topic
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards...
Mozambique expects Rovuma LNG construction to start within 12-18 months Improved security enables restart of major northern gas...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...

WAEMU employment tops 50% in 2025, but job quality remains weak
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.