In the News

KEY POINTS Africa’s richest man, Aliko Dangote, is targeting a valuation of up to $50 billion for his refinery business ahead of a planned initial public offering (IPO) expected later …

KEY POINTS The Nigerian Employers’ Consultative Association, NECA, has renewed calls for the privatisation of the Port Harcourt and Warri refineries, arguing that decades of government-led rehabilitation efforts, reportedly costing …

KEY POINTS TotalEnergies is preparing to deploy a new floating storage and offloading (FSO) vessel, Adiana, offshore Nigeria by the end of 2027, in a move aimed at sustaining long-term …

Sahara Group managing director Kola Adesina will headline a national summit on decarbonizing Nigeria’s oil and gas sector through regulatory reform and private investment.

Aliko Dangote says he prefers Kenya’s Mombasa port over Tanzania’s Tanga for his proposed $17 billion East African refinery, citing deeper infrastructure and a bigger economy.

Aliko Dangote has held talks with the CEO of Norway’s $1.9 trillion sovereign wealth fund over a potential partnership targeting African energy and agriculture.

Nigeria has signed a deal with two Chinese firms to revive its refineries after spending $25 billion on repairs that left the facilities largely broken.

Eskom has extended its nuclear site review deadline by three weeks, but critics say 2,700 pages of documentation makes meaningful public input impossible.

Renewable energy stakeholders say Nigeria must generate at least 100 gigawatts of electricity to achieve real industrialization and long-term economic growth.

Most Zambians support solar and wind energy investment but oppose privatizing ZESCO, even as load shedding stretches to 21 hours a day.