Ghana, Namibia Offer Easier Access To West Africa' Read the full article here: https://seekingalpha.com/article/446261-the-commodity-investor-ghana-namibia-offer-easier-access-to-west-africa-s-oil-industry
I just copied the part concerning Namibia.
Neo
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Namibia is an often overlooked country in Western Africa. Many casual observers are familiar with Nigeria and Angola, but only a few sophisticated investors are aware of Namibia’s vast potential. Namibia shares the same geological characteristics as its South American counterpart, Brazil. It’s no secret that Brazil made one of the largest offshore discoveries recently in the Santos basin off the coast of Rio. Offshore, Namibia shares the exact same DNA as the Santos basin (which has over 10 billion barrels of reserves) and many experts believe that a field similar to the one in Santos may lie beneath the country’s waters.
If this is accurate, Namibia may become West Africa’s most prolific oil producer. In fact, a Brazilian company is currently active in Namibia’s offshore area and has purchased large tracts of exploration blocks. This company, HRT PARTICIPACOES (PINK: HRTPY), holds almost 90 percent of the country’s offshore exploration rights. It brings Brazil’s expertise in deep water exploration to this Western African country, which could create a powerful combination if large fields are discovered.
What’s more, Namibia is a politically stable and transparent country with very little of the violence that plagues other countries on the continent.