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 Dangote thanks Nigerian President for fuel subsidy removal, FX reforms
Africa Business

Dangote thanks Nigerian President for fuel subsidy removal, FX reforms

The President of Dangote Industries Limited, Aliko Dangote, has thanked President Bola Tinubu for taking what he described as bold steps, including Read More

 Nigerian billionaire Dangote launches oil refinery IPO,
Africa Business

Nigerian billionaire Dangote launches oil refinery IPO,

Nigerian billionaire Aliko Dangote on Monday launched Africa’s largest share sale yet with the initial public offering of his oil refinery, Read More

 Nigeria warns flare-gas investors they could lose permits
Africa Business

Nigeria warns flare-gas investors they could lose permits

Nigeria’s upstream oil regulator has warned investors developing projects at gas-flaring sites that they risk losing ​their permits if progress stalls, Read More

 Ivory Coast cocoa sellers struggle to use new traceability system
Africa Business

Ivory Coast cocoa sellers struggle to use new traceability system

 Ivorian cocoa traders, cooperatives ​and buying agents are struggling to use a new national traceability system introduced ahead ‌of incoming European Read More

 Dangote’s proposed Kenyan oil refinery faces hurdles, 
Africa Business

Dangote’s proposed Kenyan oil refinery faces hurdles, 

Less than three years after overcoming surging costs, swampy terrain and inadequate infrastructure to launch Africa’s biggest oil refinery in Nigeria, Read More

 Dangote has priced its refinery shares at ₦525
Africa Business

Dangote has priced its refinery shares at ₦525

Dangote Group has set the share price for its refinery unit at ₦525 each ahead of its planned public offering, which could bring Read More

 Dangote refinery secures $1bn backing for planned IPO
Africa Business

Dangote refinery secures $1bn backing for planned IPO

The Dangote Petroleum Refinery and Petrochemicals has secured a $1bn underwriting programme ahead of its planned Initial Public Offering. The programme, structured Read More

 Namibia’s oil boom draws global investors
Business

Namibia’s oil boom draws global investors

The Africa Finance Corporation (AFC) has said that converting recent oil and gas discoveries across the continent into lasting prosperity will depend Read More

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