Ten African Governments Secretly Sell Oil Worth $55m To Swiss Traders – Report

VENTURES AFRICA – National Oil Companies (NOCs) in sub-Saharan Africa are selling oil in shadowy deals, according to a report by Natural Resource Governance Institute (NRGI). “A handful of companies are buying public oil that’s worth 10, 15 or 20 percent of government revenue and only a very small circle of insiders know about the…