Energy

Several economic indicators, company announcements, debt and currency market developments, and political events are expected to influence African markets on Thursday, with movements already being seen across global markets, commodity …

President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …

The Volta River Authority (VRA) has firmly denied reports claiming that a helicopter which recently made an emergency landing in Nkawkaw, Eastern Region of Ghana, belongs to the state-owned power …

In Tanzania, a new champion is emerging in the fight for cleaner kitchens and a healthier environment. It is not solar panels or wind turbines, but a small, mighty innovation …

The National Oil Corporation (NOC), Libya’s state-owned body in charge of managing and regulating the country’s vital oil and gas sector, has released new figures showing steady production levels for …

Brega Oil Marketing Company, one of Libya’s key fuel and gas suppliers, has announced new measures to make the distribution of domestic gas cylinders more efficient in the western and …

The Dangote Petroleum Refinery has announced a major step to make fuel cheaper and easier to access across Nigeria. From Monday, August 12, 2025, the refinery reduced its ex-depot price …

Nigeria’s dependence on imported petrol has grown sharply, with fresh data showing that the country sourced 69 percent of its petrol needs from foreign suppliers in June 2025. Figures from …

Nigeria’s oil industry may soon experience a major turnaround, as six new offshore projects are expected to boost the country’s crude oil output by about 800,000 barrels per day (bpd). …

Peabody Energy, a mining company based in the United States, is expected to announce on August 19 whether it will continue with its $3.78 billion bid to buy Anglo American’s …