Nigeria’s Dangote Petroleum Refinery has concluded plans to construct major fuel storage tanks in Walvis Bay, Namibia, as part of its move to expand refined fuel supply to Southern Africa. …
Infrastructure
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BusinessDangote IndustriesEnergyInfrastructureNigeriaSouthern AfricaTrade and Commerce
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EconomyEnergyInfrastructureINVESTMENTOil & GasTrade and Commerce
$15bn 500,000 BPD Refinery, Free Trade Zone Set for Ondo as BINL
The Nigerian petroleum downstream sector is set to witness another major milestone as Backbone Infrastructure Nigeria Limited (BINL) has announced plans to construct a $15 billion refinery with a capacity …
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EconomyInfrastructureInternational RelationsINVESTMENTTransportation & Logisitics
Deutsche Bank Leads $747m Loan for Lagos-Calabar Coastal Highway
German financial giant Deutsche Bank has led a group of international and regional lenders to provide a $747 million syndicated loan to fund the first phase of the Lagos-Calabar Coastal …
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BusinessEconomyInfrastructureTrade and CommerceTransportation & Logisitics
High Cost of Road Transport Threatens AfCFTA Goals
The rising cost of transporting goods across West Africa is putting pressure on Nigerian exporters and casting doubt on the feasibility of the African Continental Free Trade Area (AfCFTA) agreement. …
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Algeria is stepping up efforts to boost its share of trade with other African countries through the African Continental Free Trade Area (AfCFTA), with new strategies aimed at expanding regional …
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EnvironmentGOVERNMENTInfrastructureNigeria
Lagos Government Blames Flash Flooding on Rising Tides from Ocean and Lagoon
The Lagos State Government has explained that the recent flash floods in many parts of the city were caused by a natural event known as tidal lock-up. This happens when …
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EconomyFinance & ServicesGhanaInfrastructureINVESTMENTTrade and Commerce
Ghana Urged to Use GH¢200 Billion Pension Funds for Infrastructure
The Founder and Senior Partner of AB & David Africa, Dr. David Ofosu-Dorte, has urged the Ghanaian government to focus more on using local pension funds, rather than depending on …
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EconomyEnergyInfrastructureInternational RelationsINVESTMENTMALAWI
Malawi Secures $12 Billion in Mining, Infrastructure Deals with China
Malawi has signed investment agreements worth over $12 billion with Chinese firms, signaling a major boost in the country’s mining and infrastructure sectors. The deals, which include the largest foreign …
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AviationBusinessEconomyGOVERNMENTInfrastructureTransportation & Logisitics
Airports Company of Zimbabwe Hails Progress, Vows to Stick with National Goals
The Airports Company of Zimbabwe (ACZ) says it is proud of how it has performed in the first half of 2025, and it is determined to continue following good corporate …
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AfricaDevelopmentEconomyEgyptInfrastructureInternational RelationsINVESTMENT
Can Egypt’s New Capital Project Prove Critics Wrong?
Egypt is moving forward with its New Administrative Capital (NAC), a multi-billion-dollar mega city project meant to reduce pressure on Cairo and become the country’s new political and economic centre. …