Africa’s largest oil refinery is about to get even bigger—and the implications for the continent’s energy landscape could be transformative. The $20 billion Dangote Petroleum Refinery, located in the Lekki…
Africa
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Nigeria’s First E&P expands into Tanzania in landmark deal to boost East Africa’s gas ambitions
by Carlton OlooIn a development that signals the growing regional ambition of African energy firms, Nigeria’s indigenous oil company, FIRST Exploration & Petroleum Development Company (FIRST E&P), has sealed a strategic partnership…
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Energy, petroleum, and mining stakeholders from across West Africa and beyond will gather in Dakar this December for the fourth edition of the MSGBC Oil, Gas & Power Conference &…
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The African Development Bank (AfDB) and the Asian Infrastructure Investment Bank (AIIB) have approved more than €260 million in financing to support Rwanda’s efforts to expand access to affordable…
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Angola ramps up onshore and shallow water oil exploration to sustain production growth
AfricaEnergy & TransitionNews & AnalysisRegionsWest Africa by Solomon Irungu 447 views 3 minutes readAngola is repositioning its oil sector strategy with a renewed push into onshore and shallow water exploration, signaling a major pivot in one of Africa’s most mature hydrocarbon markets. This…
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Africa’s largest gold producer is taking steps to stabilise its economy by introducing a gold price hedging scheme, aimed at protecting its rising export earnings from global market swings. With…
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Mozambique to build major Oil Refinery with Nigerian partner to boost local fuel supply
by Carlton OlooAfricaEast AfricaEnergy & TransitionNews & AnalysisRegionsWest Africa by Carlton Oloo 760 views 4 minutes readMozambique has taken a decisive step toward regional energy leadership with the announcement of a major oil refinery project in partnership with Nigerian energy firm Aiteo. The project, formalized at…
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A new investment vehicle, Growth Investment Partners Zambia (GIP Zambia), has been officially launched to channel long-term, local currency finance into Zambian small and medium-sized enterprises (SMEs). The initiative, backed…
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A new draft standard released by the Global Reporting Initiative (GRI) is set to reshape how sustainability is reported across the global textile and apparel sector—offering African producers, manufacturers, and…
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AIIM sells R750 million renewable assets in South Africa amid rising demand for clean energy investments
AfricaNews & AnalysisRegionsRenewable energySouthern Africa by Solomon Irungu 909 views 3 minutes readAfrican Infrastructure Investment Managers (AIIM) has sold its stakes in three renewable energy projects in South Africa in a deal valued at over R750 million. The transaction marks one of…