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Industry Update: Dangote Refinery's Crude Strategy In a significant development that reflects the turning tides in Nigeria's oil industry, the Nigerian National Petroleum Company (NNPC) Limited has chosen to pause its Naira-for-Crude agreement with local refineries. This arrangement, initially designed to empower local refineries to purchase crude in Nigeria's local currency, the Naira, has hit a procedural snag. But what does this mean for the industry at large? The immediate effect…

Somalia - Northeastern State's security forces have killed at least 24 militants who are in line with the Islamic State group by direct fire during a series of operations over the past two days in parts of Bari province. Following a tip-off, troops raided the base in the Al-Miskaat Mountains around the Balidhidin district, where ISIS stored heavy ammunition and materials for making IEDs and car bombs, according to the PSF. A video clip released by the PSF showed troops blowing up two intercepted vehicles filled with…

In a press release published on Friday, April 2, at the initiative of some thirty organizations, the reduction of the cocoa price to the producer by 25% is seen as a step towards a global multi-actor dynamic aimed at fairer regulation in the sector to get more yields for producers. The Coffee and Cocoa Council (CCC) has…

The United States is asking Somalia's political actors to drop the terms before the pre - election talks MOGADISHU, Somalia - In what could rattle both the opposition and the federal government in Somalia, the United States has asked the political players to drop prior conditions so that they can allow the country to find a solution to the current political stalemate in the country.…

In the Democratic Republic of Congo, tensions between Joseph Kabila's Front Commun pour le Congo (FCC) and Félix Tshisekedi's Cap for Change (Cach) are not diminishing. The current president of the republic's political family wants to put an end to the coalition. She claims that the conflicts with the political grouping of Joseph Kabila no longer allow the coalition government to work in peace and…