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the-race-for-raw-materials

Selling Africa Cheap: Australia-based Company To Sell African Resources to Chinese Investors

African Petroleum is in talks with two Chinese suitors interested in acquiring an up to 10% stake in the West Africa-focused oil and gas explorer, a person familiar with the matter told Deal Journal Australia. If successful, the transaction could be worth “several hundreds of millions of dollars” that would boost funding for the development [...]