Energy
Trafigura among three bidders for minority stake in South Africa’s Natref oil refinery, sources say
Global commodities trader Trafigura is among three companies vying for a 36.36% stake in South African petrochemical company Sasol’s Natref...
Read moreDetailsAfrica’s telecom towers turn to solar as diesel costs surge
Soaring diesel prices linked to the Iran war are accelerating a continent‑wide shift in Africa’s telecom industry, pushing operators to...
Read moreDetailsUganda to offer new oil exploration licensing round in 2026/27 financial year
Uganda will offer a new oil exploration licensing round next financial year, its minister for energy and mineral development said...
Read moreDetailsNigeria caps jet fuel prices to avert airline disruptions
Nigeria's government is capping jet fuel prices and allowing airlines to buy supplies on credit, according to a government document...
Read moreDetailsJet fuel crisis: a boon for Nigeria’s Dangote, but not for local airlines
Nigeria's giant Dangote refinery is benefiting from record margins for producing jet fuel that it is mostly selling abroad, while...
Read moreDetailsEast African nations discussing regional refinery project, Kenya president says
Kenya is holding discussions with neighbouring Tanzania and other East African countries on plans to build a new oil refinery...
Read moreDetailsSierra Leone signs permit with Shell allowing offshore surveys
Sierra Leone has signed an agreement with Shell that allows the oil major to conduct advanced geological and geophysical surveys across...
Read moreDetailsKenya has enough reserves to manage any currency volatility, central bank says
Kenya has enough foreign exchange reserves to manage any volatility in the shilling exchange rate, its central bank governor said...
Read moreDetailsNigeria’s NNPC ships first cargo of new Cawthorne crude
Nigeria’s state oil company NNPC has exported its first cargo of a new light crude grade, Cawthorne, to the Netherlands, the...
Read moreDetailsNigerian President approves N3.3tn payment plan to restore reliable electricity
Nigerian President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector...
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