Ghana to launch upgraded ‘Heritage Series’ cedi banknotes in November

Ghana’s central bank will introduce a new series of cedi banknotes on November 3, featuring enhanced security measures, improved durability and designs highlighting the country’s heritage, while existing notes will remain legal tender.

The Bank of Ghana said the new “Heritage Series” will be officially launched at...

Tullow Oil loses Ghana tax arbitration over insurance proceeds

Tullow Oil has lost an arbitration dispute with Ghana over a $196.5 million corporate income tax assessment linked to insurance proceeds received after disruptions to its oil operations, in a ruling that could expose the company to a total tax assessment of about $393.1 million including penalties.

The International Chamber of Commerce (...

Dangote says Africa could be largely fuel self-sufficient by 2030

Nigerian billionaire Aliko Dangote said most African countries could become largely self-sufficient in refined fuels by 2030 as the continent expands its refining capacity.

“Most African countries will be self-sufficient in fuel by 2030,” Dangote said in Nairobi on Sept. 29, a day before the planned launch of construction of...

Dangote begins construction of $16 billion refinery in Kenya

Nigerian billionaire Aliko Dangote and Kenyan President William Ruto have launched construction of a $16 billion oil refinery in Lamu, a project designed to reduce East Africa’s reliance on imported refined petroleum products.

The refinery is planned to process up to 700,000 barrels of crude oil per day and is expected to be comple...

Nigeria and United States sign framework to boost mining investment

Nigeria and the United States have signed a framework agreement aimed at attracting greater U.S. investment into Nigeria’s mining sector, which the Nigerian government estimates could hold mineral resources worth about $700 billion.

The agreement was signed in New York on Sept. 23 by Nigeria’s Minister of Solid Minerals Devel...

Dangote hires Engineers India for $450 million Kenya refinery project

Dangote Group has awarded Engineers India Ltd. (EIL) a contract worth more than $450 million to provide project management and engineering services for a planned refinery and petrochemical complex in Lamu, Kenya.

The Indian state-controlled engineering consultancy will serve as the Project Management Consultant (PMC) and Engineering, Pro...

TotalEnergies and AMNI approve $800 million Ima gas project in Nigeria

TotalEnergies and its Nigerian partner AMNI have taken a final investment decision on an $800 million project to develop the Ima offshore gas field, more than five decades after the resource was discovered.

The Ima field is located in shallow waters across the OML 112 and OML 117 licences near Bonny Island. TotalEnergies will operate the...

South Africa opens bidding for LNG terminal at East London port

South Africa has opened the bidding process for the development of a small-to-medium-scale liquefied natural gas (LNG) import terminal at the Port of East London, as the country seeks to attract private investment in energy infrastructure and respond to future demand in the Eastern Cape.

The Transnet National Ports Authority (TNPA) issue...

Nigeria launches $300 million fund to expand off-grid power access

Nigeria has commercially launched a $300 million Distributed Renewable Energy Fund aimed at financing off-grid and distributed renewable energy projects and expanding electricity access for communities and businesses underserved by the national grid.

The Nigeria Distributed Renewable Energy Fund was launched on the sidelines of the Unite...

Côte d'Ivoire–United Nations Partnership: The Implementation Guide for the 2026–2030 Cooperation Framework Presented to the Government

Abidjan, September 18, 2026 – The Minister of State, Minister of Foreign Affairs and International Cooperation, Nial&eacu...

AmCham-CI Meets with the Minister of Animal and Fisheries Resources Regarding the AGRI CONNECTION Project

On Tuesday, August 25, 2026, a delegation from the American Chamber of Commerce in Côte d’Ivoire (AmCham-CI) comprising former President Mr. Yohannes Mekbebe, Executive Director Mr. Stéphane Hié Néa, M.Sc, Mr. Prosper T...

Nigeria threatens to revoke permits over stalled gas-flaring projects

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...