🇳🇬 Navy arrest two vessels with 939 metric tons of crude oil
The Nigerian Navy's recent interception of two vessels carrying approximately 939 metric tons of stolen crude oil represents a critical flashpoint in ...
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🇳🇬 Where is the light? Nigerians knock Adelabu as two weeks’
Nigeria's electricity sector has once again failed to deliver on high-profile commitments, with Power Minister Adebayo Adelabu's recent pledge to reso...
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🇪🇹 In Ethiopia, fuel prices overshadow this year's Easter
Ethiopia's Easter celebrations this year carried an undertone of economic distress as millions of Orthodox Christian worshippers gathered across the n...
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🇳🇬 Tinubu directs economic team to cushion impact of Middle
Nigeria's President Bola Tinubu has instructed his economic team to formulate emergency measures aimed at shielding the domestic economy from escalati...
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🇳🇬 Top 10 largest refineries in Africa 2026
Africa's refining sector presents a paradox that European investors have largely overlooked. The continent produces nearly 8 million barrels of crude ...
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🌍 Turkey, Somalia launch first offshore oil drilling project
Somalia has crossed a critical threshold in its economic development journey. The arrival of a Turkish drilling vessel in Mogadishu's port marks the b...
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🇳🇬 Oando to raise $750 million to boost oil output by 300%
Oando Plc, Nigeria's largest independent oil and gas exploration and production company, is preparing to raise $750 million in fresh capital to fund a...
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🇳🇬 NNPC remits N1.8 trillion to Federation Account in February
Nigeria's state-owned petroleum giant, NNPC Limited, transferred N1.804 trillion (approximately $2.2 billion USD at current exchange rates) to the Fed...
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🇳🇬 NNPC monthly profit drops 64% as revenue hits N2.68trn
Nigeria's National Petroleum Corporation (NNPC) reported a dramatic 64.67% collapse in monthly profit during February, dropping to N136 billion (appro...
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🇳🇬 The global energy hypocrisy, African dilemma, and carbon
The UN Climate Change Conference of the Parties (COP30), held in Belém, Brazil in March 2026, has exposed a deepening contradiction in global energy p...
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🇪🇬 Egypt Secures Spot in $1B Climate Investment Program:
Egypt has secured a significant allocation within a $1 billion multilateral climate investment initiative, positioning itself as a priority destinatio...
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🇲🇦 Rising Fuel Costs Put Pressure on Morocco’s Economy
Morocco's economy is facing renewed pressure from volatile global energy markets, as rising fuel costs ripple through its industrial base and consumer...
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🇿🇦 'Kusile is one of the most reliable stations in Eskom fleet'
South Africa's chronic electricity shortage—which has paralyzed economic growth and deterred foreign investment for nearly a decade—appears to be ente...
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🇳🇬 Nigeria's Energy Crossroads: Why European Investors Must
Nigeria stands at a critical inflection point. While domestic entrepreneurs push aggressively into electric vehicle infrastructure—a forward-looking i...
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🇰🇪 Petition Filed to Suspend Kenya's Energy Cabinet Secretary
Kenya's energy sector has entered turbulent waters following a formal petition to suspend Energy and Petroleum Cabinet Secretary Opiyo Wandayi over al...
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🇳🇬 Ijaw, Ogoni Youths disown NASS pipeline hearing, demand
Nigeria's energy sector is experiencing a critical institutional breakdown that should alarm European investors betting on downstream opportunities in...
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🇳🇬 World Bank removes Nigeria report advising petrol imports
The World Bank's abrupt removal of its Nigeria Development Update from circulation represents a significant shift in international policy guidance tow...
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🇬🇭 Ghana to cut fuel taxes, levies to curb rising pump prices
Ghana's government has announced a strategic pivot in its approach to fuel affordability, committing to eliminate select taxes and levies embedded thr...
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🇿🇦 INDUSTRIAL RESCUE: Eskom the unlikely winner in jobs-saving
South Africa's chronic electricity crisis has produced an unexpected silver lining: state-owned power utility Eskom has negotiated medium-term power s...
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🇳🇬 Top 10 countries with largest natural gas reserves
Natural gas has quietly become the geopolitical prize of the 21st century. While European markets obsess over renewable transitions and net-zero manda...
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