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ADNOC Agrees $1 Billion Deal to Acquire Shell’s South African Fuel Business
The acquisition will give ADNOC Distribution control of one of South Africa’s largest fuel retail networks, strengthening the UAE energy…
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Dangote to Build East Africa’s Largest Oil Refinery in Kenya
The 700,000-barrel-per-day refinery will be built in Lamu, positioning Kenya as a major refining hub and marking Dangote Group’s biggest…
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Senegal’s First Offshore Oil Project Approaches 100,000-Barrel Daily Output
The country’s first major offshore oil development is approaching its target output of 100,000 barrels per day, marking a significant…
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Congo’s Cobalt Export Disruption Puts $1.1 Billion in Trade at Risk
A technical failure in the Democratic Republic of Congo’s customs system has disrupted cobalt exports, threatening shipments worth an estimated…
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Dangote Refinery Becomes Europe’s Largest External Supplier of Jet Fuel
Nigeria’s Dangote Petroleum Refinery exported a record 466,000 metric tonnes of aviation fuel to Europe in June, surpassing the United…
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Guinea Pushes Ahead with Major Gold Refinery Project to Boost Local Mining Industry
The planned refinery will process up to 100 tonnes of gold annually, helping Guinea retain more value from its mineral…
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South Africa, Egypt and Morocco Lead Africa’s Ultra-Wealthy Population, New Report Shows
A new global wealth report highlights South Africa, Egypt and Morocco as Africa’s leading hubs for ultra-high-net-worth individuals, with all…
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Tema Industrial park to create 4,000 jobs, anchor new manufacturing policies in Ghana
The Tema Integrated Industrial Park is expected to generate thousands of jobs, attract industrial investment and serve as a cornerstone…
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China Approves Africa-Wide Yuan Clearing Service to Strengthen Trade
The new cross-border payment system is expected to simplify trade between Africa and China, reduce transaction costs and strengthen financial…
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Google Surpasses $1 Billion Africa Investment Target, Unveils New Digital Growth Initiatives
The technology giant announced new investments in artificial intelligence, cloud infrastructure, digital connectivity and startup development as it deepens its…
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