Economy
Dangote Refinery’s $1bn Private Placement Puts Nigeria’s Industrial Ambition Before Investors
Dangote Refinery’s planned private placement is more than a balance-sheet transaction. It is a market test for one of Africa’s most closely…
Tag: Dangote Refinery
Africa
Dangote Refinery’s Jet-Fuel Push Tests Nigeria’s Energy-Industrial Ambition
Dangote Refinery says it can supply surplus jet fuel to global markets, sharpening Nigeria’s shift from fuel-import dependence toward refining and export…
Energy
Oando Records ₦210 Billion Profit in Nine Months — Up 164% as Production Surges and NAOC Assets Deliver Growth
Oando PLC posts ₦210 billion profit for the first nine months of 2025—a 164% increase year-on-year—driven by NAOC asset gains, higher production,…
Agriculture
Cocoa Prices Hit Record High in 2024 as Africa Pushes Processed Exports
ACCRA – Africa’s shift toward value-added exports gained ground in 2024, as processed foods and fisheries overtook raw commodities in several key…
Africa
South Africa, Nigeria, and Côte d’Ivoire Lead Intra-African Trade in 2024
According to the Africa Trade Report 2025 published by Afreximbank, intra-African trade experienced a notable resurgence in 2024, growing by 12.4% to reach approximately US$220.3…
Economy
Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme
In a move to reduce Africa’s reliance on imported refined petroleum products, which cost the continent an estimated US$30 billion annually due…