Aliko Dangote is targeting about $1.6 billion in what is poised to become Africa’s largest initial public offering, using the proceeds to expand his Lagos-based refinery, which began operations in 2024. The…
Dubai (AX) — Horn Petroleum is set to distribute Shell-branded lubricants in Somalia under a new agreement with Vivo Energy, broadening its…
A major expansion of the fuel pipeline linking Mozambique and Zimbabwe will raise its annual capacity by 67 percent, enabling an additional…
A new $4.5 billion oil-backed financing facility for NNPC Limited has secured approval from the National Economic Council, paving the way to…
The Democratic Republic of the Congo plans to finalize and release a comprehensive environmental audit of oil producer Perenco by the end…
West African leaders have backed an ambitious 6,800km pipeline that would carry natural gas across the region and onward to Europe. The…
Saturday July 18, 2026 Mogadishu (AX) — Somalia’s first officially drilled offshore oil well is moving toward a critical stage, with exploration…
A government-approved rise in taxi and bus fares set to take effect on May 18 has sparked swift backlash across Namibia, with…
Airlines are sounding the alarm over a relentless shortage of jet fuel that is leading to significant travel disruptions, with an alarming…
Africa’s wealthiest individual, Aliko Dangote, who heads the Dangote Group, has announced ambitious plans to collaborate with Kenya and Uganda on a…
Fuel shortages have pushed the country to a perilous brink, the government warned, saying the nation is now “dangerously exposed” as the…
