Nigeria records sharp fuel price spike as Iran tensions shake oil markets
Nigeria is now ranked among the countries most affected by the global surge in fuel prices sparked by rising tensions […]
African Markets
Fuel hikes squeeze Moroccans as Middle East tensions rise
The rising cost of fuel is beginning to be felt in Morocco due to the ongoing fighting in the Middle
Ghana can be self-sufficient in tomatoes in four years – Dumelo
The Ministry of Food and Agriculture has urged farmers to intensify dry-season farming to boost local production of tomatoes and
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,
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