Amid rising import duties, Nigerian importers pivot to neighboring countries, escalating concerns over cargo diversion, economic instability, and potential job losses in the maritime and import sectors.
Government
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Italy’s ambitious proposal to become a bridge for energy between Africa and Europe has met with scepticism from the African Union (AU), which questioned the feasibility and sincerity of the …
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Uganda has decided to import its oil through Tanzania instead of Kenya, following a long-standing dispute over a government-to-government fuel deal. The move could cost Kenya millions of dollars in …
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Ghana and India have announced a landmark partnership to develop carbon offset projects in the West African nation that could generate up to $1 billion in revenue. The deal, signed …
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In a groundbreaking shift, Nigerian firms are mobilizing to acquire major oil assets, signaling a new era in the country’s oil and gas sector.
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In a strategic political realignment, oil tycoon Chris Igwe, alongside over 5,000 supporters, defects from PDP to APC following discussions with Senator Orji Uzor Kalu.
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Cape Town, the second most populous city in South Africa, is taking steps to reduce its dependence on the national power utility Eskom and shield its residents and businesses from …
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President Bola Tinubu approves strategic fundraising as Minister Audu and TCN unite to revitalize the Ajaokuta Steel Company Limited.
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Tanzania has been gradually emerging as a significant player in the oil and gas industry.
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China has been investing heavily in renewable energy projects across Africa, securing its access to critical minerals and challenging the influence of Western powers. A recent report by the China …