Statoil News

John Magufuli, Tanzania's President-Elect

Tanzania's ruling party candidate John Magufuli wins Tanzania Presidency with gas to tax reform vow

Tanzania’s ruling party candidate, John Magufuli, won a presidential election in Africa’s third-biggest gold producer with pledges to hasten development of the country’s nascent natural-gas industry and reforms to boost tax revenue.

Nigeria state oil group NNPC taps private sector for top ranks

Nigeria state oil group NNPC taps private sector for top ranks

The new head of Nigeria’s state oil company has tapped the private sector as part of an overhaul of senior ranks intended to clean up the entity at the heart of the country’s economy.

John Magufuli, Tanzania's Minister of Public Works Minister and presidential candidate. Photographer: Khalfan Said/AP Photo

Tanzania's ruling party picks Minister of Public Works John Magufuli to run for President

Tanzania’s ruling party Chama Cha Mapinduzi nominated Works Minister John Magufuli to run for president on its ticket in general elections planned for Oct. 25.

Tanzania's state house in Dar es Salaam, the official residence of the Tanzanian president

Tanzanian Economy Increases by Almost a Third After Rebasing

The size of Tanzania’s economy increased by almost a third after the East African nation factored its expanding industries such as oil, gas and telecommunications into the calculation, Finance Minister Saada Mkuya Salum said.