BP invests in South Africa

British Petroleum will be investing billions into South Africa. They will be investing in Mozambique and South Africa over the next 5 years. "With the improving investment climate, especially policy stability... being presented in Southern Africa, BP has decided to invest significantly for the benefit of all of our stakeholders," BP refining and marketing chief executive Iain Conn told reporters in Johannesburg. They will be building new plants and renewing the old ones.

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