Africa’s top refinery sparks $3.74 billion crude inflow into Nigeria
Nigeria’s oil sector saw a major shift in 2025 as crude imports tied to the Dangote Refinery reached $3.74 billion,
African Markets
Gov’t defends GH₵1 fuel levy, rejects Minority’s call for abolition
The Ministry of Energy and Green Transition has defended the continued implementation of the GH₵1 fuel levy, rejecting calls from
Africa’s $155bn borrowing in 2026 to be led by South Africa and two others.
African countries are projected to raise about $155 billion in long-term commercial debt in 2026, marking a 10% increase from
Minority demands removal of 1 Cedi fuel levy over rising prices
The Minority in Parliament is calling on the government to scrap the 1 Ghana cedi fuel levy, saying it is
United Kingdom–Germany roll out $150m trade finance for high-risk African markets.
The United Kingdom’s development finance arm, British International Investment, has teamed up with Deutsche Bank to introduce a $150 million
Fuel relief talks likely if crude hits $120 – NPA boss Edudzi Tamakloe
The CEO of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe, has signalled that government may be forced to make
Ethiopia calls on citizens to conserve fuel amid Iran–Israel conflict and reserve use.
Ethiopian authorities are appealing to the public to reduce fuel usage as the country faces disruptions in petroleum imports from
If 1D1F worked, unemployment would be solved – GNCCI boss
The CEO of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye, says Ghana’s unemployment crisis could
Oil marketers suffering from unstable pricing window – COMAC
The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Riverson Oppong, says oil marketing companies in Ghana
African economic growth threatened as oil prices surge
As oil prices remain high amid the ongoing war in the Middle East, its impact is increasingly filtering down into