Africa
Dangote Outlines Up to 2,650km Fuel Pipeline Network Across Southern Africa
Dangote Industries has outlined plans for a fuel pipeline network of up to 2,650 kilometres linking Namibia with Botswana, South Africa, Zimbabwe,…
Tag: Dangote Refinery
Business
Dangote Refinery Opens Africa’s Largest IPO as Nigeria Tests Retail Appetite for Industrial Ownership
Dangote Petroleum Refinery has opened a N2.15 trillion public offer, putting one of Africa’s largest industrial assets before public investors and testing…
Africa
Dangote’s Crude Appetite Is Beginning to Reshape Nigeria’s Oil Trade
Nigeria’s Dangote refinery has secured at least 16 million barrels of Nigerian crude for delivery in October, extending a sharp increase in…
Africa
Dangote Refinery IPO Puts African Capital Markets to a New Test
The approved Dangote Refinery share offer is more than a major Nigerian IPO. It is a test of whether African capital markets…
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…
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…