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Spotlight | Africa
From Cape Town to Gulf of Guinea, Brazilian giant Petrobras' African renaissance

Brazil’s President Luiz Ignacio Lula da Silva talks to Petrobras President Magda Chambriard, in Rio de Janeiro State, Brazil, on 13 September 2024.
Brazil’s President Luiz Ignacio Lula da Silva talks to Petrobras President Magda Chambriard, in Rio de Janeiro State, Brazil, on 13 September 2024. © Pablo Porciuncula/AFP
Brazil's state-owned Petrobas is making a comeback in oil exploration in Africa. A host of countries are jockeying to attract the oil giant, which has however reportedly reduced its investment budget for 2025 by several billion dollars. [...]
Reading time 3 minutes Clotilde Ravel
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