Nigeria and Libya are discussing the revival of a pipeline project that would transport Nigerian gas to Europe via Libya. The two countries recently held a meeting to exchange technical information and launch feasibility studies on this route. A strategic route with competing optionsThis project could serve as an alternative… +
Afreximbank and MDGIF will work together with the overarching intention of mobilising up to US$ 500 million over a four-year period to support midstream and downstream gas infrastructure projects African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding… +
South Africans got a pleasant surprise on 3 September 2025 with falling petrol and diesel prices. Diesel dropped by 56 or 57 cents per litre, depending on its sulphur content, while petrol became 4 cents cheaper per litre. Why Have Prices Fallen?The Road Freight Association explains this decrease as the… +
Ronald Adams, Managing Director of SNEPCo (Shell Nigeria Exploration and Production Company) and Chairman of the investment company All On, has highlighted the need for substantial investments to address Nigeria’s energy crisis. According to him, the lack of access to energy affects millions of households and industries across the country.… +
Following a $100 billion, four-year energy agreement between South Korea and the United States, Nigeria could see its oil exports to Asia weaken. The deal, concluded during a state visit by the South Korean president, reinforces an already established trend: South Korea, already the largest Asian buyer of U.S. crude,… +
Faced with development imperatives, Africa continues to prioritize fossil fuels despite promises of energy transition and the urgency of climate change. Oil, in particular, remains at the heart of the continent’s economic strategies, as reflected in the sharp increase in refining capacity expected by 2030. This orientation contrasts with the… +
The report found that while 87.5 per cent of firms acknowledged moderate improvement in power supply, availability remains inadequate A new study by the Nigerian Institute of Social and Economic Research (NISER) has revealed that firms in Nigeria spend as much as 82 per cent of their monthly turnover on… +
ROGEAP supports 19 countries in West Africa and the Sahel to increase access to electricity for households, businesses and public institutions through modern off-grid solar systems National workshop of the consultative framework on autonomous solar pv technologies in Ivory Coast : the rogeap/ecowas project contributes to achieving the objectives for… +
The financing alleviates initial operational expenditures and enhances DIL’s balance sheet, supporting its continued growth trajectory African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately US$4 billion… +
With our LPG production of 2,500 tons per day, we’re working to encourage more homes to increase the LPG consumption frica’s richest man, Aliko Dangote, has announced that Nigerians will soon have the opportunity to own shares in his multibillion-dollar refinery, a move aimed at expanding local participation in the… +
