Lagos, Nigeria – In a historic development for Nigeria’s oil industry, Africa’s largest oil refinery was commissioned in Lagos today by outgoing President Muhammadu Buhari. The long-awaited project, spearheaded by Africa’s richest person, Aliko Dangote, is set to breathe new life into Nigeria’s struggling oil sector, which has faced challenges due to under-performing state-run refineries […]

With a population of nearly 20 million, Zambia is Africa’s largest copper producer. As the nation faces economic challenges, its leadership is determined to navigate the obstacles and steer LUSAKA – Zambia’s economic growth is expected to decelerate in 2023, with the nation’s GDP projected to grow by just 2.7%, down from the 4.7% growth […]

Accra – Ghana is eagerly anticipating the launch of its state-of-the-art oil refinery facility in Tema, which is scheduled to commence operations by the end of August. The project, spearheaded by the Sentuo Group, represents a significant investment of $1.98 billion and promises to revolutionize the country’s energy sector. The Sentuo Group’s refinery is expected […]

In a bold move to address Nigeria’s fiscal challenges, President Bola Tinubu recently made the decision to remove fuel subsidies, which has resulted in a significant decline in fuel consumption throughout the country. According to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to Reuters news agency, average daily petrol consumption […]