Nigeria has warned companies that they could lose permits to develop and commercialize gas-flaring sites if they fail to make sufficient progress on their projects, as Africa’s largest oil producer steps up efforts to end routine gas flaring by 2030.
The warning was issued by the Nigerian Upstream Petroleum Regulatory Commission (N...
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Abidjan, August 17, 2026 – As part of ongoing efforts to strengthen economic ties between the...
Published on Sep 09, 2026
Dangote Petroleum Refinery has formally launched what is set to become Africa’s largest-ever initial public offering, as Africa’s biggest refinery seeks to raise about 2.15 trillion naira ($1.63 billion) to support a major expansion of its operations.
Aliko Dangote and the company’s advisers signed the IPO documents on...
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Zambia is seeking to significantly increase gold production and bring more informal gold trading into the formal economy as the copper-dependent country looks to diversify mining revenues and capture more value from its mineral resources.
ZCCM Investments Holdings (ZCCM-IH), the state-controlled mining investment company leading the gove...
Published on Sep 08, 2026
Rwanda is mobilizing $21 million to expand access to finance for farmers’ organizations and smallholder farmers under a new partnership between the International Fund for Agricultural Development (IFAD), Bank of Kigali and Aceli Africa.
The agreement, signed on September 4 during the Africa Food Systems Forum in Kigali, brings toge...
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Dangote Petroleum Refinery is preparing for what is set to become Africa’s largest-ever initial public offering, as Nigeria’s biggest private industrial project seeks fresh capital to expand its refining capacity and broaden investor ownership.
Nigeria’s Securities and Exchange Commission has approved the offering of 4....
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Ghana is seeking to reverse a prolonged decline in oil production as Shell and Chevron move closer to securing potential rights to the South Deepwater Tano Cape Three Points offshore block, in a development that could bring fresh investment and expertise to the country’s upstream sector.
Shell and Chevron have signed a preliminary,...
Published on Sep 07, 2026
U.S. ride-hailing company Uber has ended its operations in Nigeria after 12 years, withdrawing from one of Africa’s largest and most competitive markets for app-based transportation.
Uber, which launched its service in Lagos in 2014 before expanding to other Nigerian cities, stopped its ride-hailing operations in the country on Sep...
Published on Sep 05, 2026
Nigeria’s Dangote Petroleum Refinery sharply reduced its crude oil imports in August after a slowdown in operations in July left the facility with high inventories, according to industry data.
The 700,000-barrel-per-day refinery imported an average of about 499,000 barrels of crude per day in August, its lowest level in five months...
Published on Sep 03, 2026
Nigeria is stepping up efforts to strengthen national control over artificial intelligence, data and the digital infrastructure underpinning its economy, as GITEX Nigeria 2026 puts technological sovereignty at the centre of discussions in Abuja and Lagos.
The second edition of GITEX Nigeria, held from August 31 to September 3, has brough...
Published on Sep 03, 2026
The Federation of American Scientists (FAS) has launched a new AI Safety Policy Entrepreneurship Fellowship aimed at helping professionals turn ideas on artificial intelligence safety and governance into concrete public policies.
The six-month, part-time programme will run from September 30, 2026, to February 28, 2027. Selected fellows w...
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Nigeria has launched the Renewable Asset Management Company (RAMCO), a new public-sector platform designed to improve the management, maintenance and commercial performance of renewable energy infrastructure financed by the government.
The company was officially launched on August 26, 2026, in Abuja by the Rural Electrification Agency (R...
Published on Sep 03, 2026
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