In the News

Sahara Group has commenced bunkering operations in Mauritania after receiving a 2026 licence, deploying the FT NERVI tanker offshore Nouadhibou to supply compliant marine fuels.

British International Investment has committed $20 million to Anzana Electric Group to accelerate run-of-river hydropower construction across East, Central and Southern Africa.

Savannah Energy grew Nigeria production 8% and revenue 17% to $104.1 million in four months while cash collections surged 48% year-on-year to $183.5 million.

NNPC Ltd posted N481 billion in profit after tax for April 2026, a 74 percent jump from March, as oil revenue surged 79 percent to nearly N5 trillion.

KEY POINTS Global oil markets may be heading toward another price shock as top energy executives warn that tightening supply conditions could push crude prices significantly higher in the coming …

KEY POINTS The Dangote Petroleum Refinery has achieved a major global milestone, becoming the world’s largest single exporter of aviation fuel in April, as supply disruptions in the Middle East …

KEY POINTS The Cederberg Municipality has received a second debt relief write-off of R14.9 million from National Treasury as part of an ongoing programme aimed at helping local governments reduce …

KEY POINTS The National Electricity Regulator of South Africa, Nersa, has confirmed that it has completed the approval process for all 176 electricity tariff applications submitted by licensed municipal and …

KEY POINTS Nigeria’s largest refinery, Dangote Refinery, has announced a reduction in the prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), commonly referred …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC recorded a sharp increase in its financial performance in April 2026, with revenue rising to N4.97 trillion from N2.77 trillion in …