East African Nations Offered 30% Share of Dangote’s Kenya Mega-Refinery
Nigeria’s Dangote Group has offered a 30% stake in a planned refinery in Kenya to East African nations,…
Nigeria Offers Deepwater-Oil Tax Breaks to Lure $50 Billion
(Bloomberg) — Nigeria announced sweeping tax incentives to attract as much as $50 billion of investment in deepwater-oil…
Georgia’s Kulevi Refinery Replaces Russian Crude With Kazakh, Libyan Oil
Georgia’s only oil refinery has begun replacing Russian crude with supplies from Kazakhstan and Libya as owner Black…
Morocco Courts US Exim Bank, World Bank for $26 Billion Pipeline
(Bloomberg) — Morocco is courting the Export-Import Bank of the United States and the World Bank to help…
Africa’s Richest Man Proposes To Build 700,000 Bpd Oil Refinery In Kenya
East Africa has spent decades exporting one commodity and importing another. The region holds roughly 4.7 billion barrels…
Biggest Africa Solar Mini-Grid Firm Plans $650 Million Expansion
(Bloomberg) — WeLight, which operates more solar mini-grids in Africa than any other company, is planning a $650…
Dangote’s Next Move Could Create the World’s Largest Refinery
Dangote’s 700,000 b/d Lekki refinery has been running at full capacity over the past two months, pushing product…
Century-Old Utility Confronts South Africa’s Private-Power Boom
(Bloomberg) — Years of unreliable and costly electricity supply have transformed South Africa’s power landscape as companies take matters into…
Nigeria’s crude imports jump 309% to $1.39bn in Q1 2026
Nigeria imported crude oil worth $1.39bn in the first quarter of 2026, highlighting a major shift in the…
Egypt clears all arrears for foreign oil and gas companies
His Excellency Eng. Karim Badawi, Minister of Petroleum and Mineral Resources of Egypt, announced that the country has…
Top Africa Ports Miss Refuel Gain Even as Iran War Diverts Ships
(Bloomberg) — African ports are capturing only a fraction of shipping rerouted around the continent’s southern tip after…
Dangote at Full Throttle as Nigeria Becomes a Net Fuel Exporter
Nigeria is finally starting to fix a long-standing imbalance: a major crude exporter that couldn’t meet its own…