Despite languishing foreign direct investment flows into Africa, the continent's exploration and production scene appears to have finally turned the corner.
Industry expectations contrast sharply with parallel predictions that foreign direct investment flows look set to drop across the continent, having last year fallen by 21% to $42 billion, a 10-year low.
Despite these investment declines, East Africa remains the continent's fastest-growing region, with Ethiopia and Kenya proving most resilient while Central and West Africa saw falls of 22% and 11% respectively, according to the United Nations Conference on Trade & Development.
