South Africa eases fuel tax to soften $350m blow from rising oil prices
South Africa plans a temporary reduction of a major fuel tax in April, as global oil prices climb due to […]
Nigeria achieves milestone with first 950,000-barrel Cawthorne crude shipment to India
Nigeria has completed its inaugural shipment of Cawthorne crude, exporting a 950,000-barrel cargo loaded from the newly launched FSO Cawthorne
Nigeria pursues $6bn financing from Citigroup and Abu Dhabi amid fiscal challenges
Lawmakers in Nigeria have endorsed a $6 billion external borrowing plan involving Citigroup and First Abu Dhabi Bank, as authorities
Africa advances Spain–Morocco corridor over global chokepoint risks
A major cross-continental infrastructure initiative beneath the Strait of Gibraltar is drawing fresh interest as Morocco and Spain move forward
The richest man in Africa renews a commitment he has consistently made.
Aliko Dangote, Africa’s wealthiest man, has once more reassured Nigerians that his refinery is capable of supplying enough fuel domestically,
U.S. trade chief criticizes WTO following unsuccessful negotiations.
The United States has sharply criticized the World Trade Organization (WTO) for failing to reach an agreement on a crucial
Iran ignites a massive oil tanker near Dubai following warnings from Trump.
Tehran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Tuesday, setting it
Alhassan Andani named as the new Board Chairman of Ecobank Ghana.
Ecobank Ghana has named seasoned banker Alhassan Andani as Chairman of its Board of Directors, with the appointment taking effect
Russian oil facilities engulfed in large fires following Ukrainian strikes.
Satellite images and verified footage indicate that Ukraine has carried out multiple attacks on critical Russian oil export infrastructure near
Oil prices hold steady temporarily while global petrol costs surge.
While the price of crude oil has stabilized, motorists are still feeling the pinch at petrol stations due to ongoing