Nigeria: Dangote Plans Trading Arm for Lagos Mega Refinery
Africa’s wealthiest individual, Aliko Dangote, is considering establishing an oil trading division, potentially based in London, to oversee the supply of crude oil and products […]
Business
As EU-Kenya inch closer to finalizing EPA, EAC regional bloc eyes new trade partnerships
Just as Kenya in inching closer to concluding a preferential trade deal with European Union, a similar deal between the East African Community’s (EAC) and […]
GCC commends Moroccan King’s Atlantic African Initiative
Secretary General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, commended the Atlantic African Initiative launched by King Mohammed VI for Sahel States. The […]
Landlocked Sahel countries see in Morocco a way out to the Atlantic
Landlocked countries of the Sahel see opportunities in Morocco’s initiative to offer them an access to global trade through the Atlantic. The initiative was announced […]
Balancing Act: Assessing the Risks Surrounding Mozambique’s Anticipated Gas Boom
Since the discovery of significant natural gas reserves off Mozambique’s northern coast in 2010, hopes have been high for the country’s economic prosperity. Projections from […]
Necessary sacrifice? — Nigeria’s fuel subsidy cut under scrutiny amid crippling inflation
Many in Nigeria are currently questioning the wisdom of President Bola Tinubu administration’s decision to abruptly eliminate the fuel subsidy in mid-2023 without a shock-absorbing […]
Shell accused of leaving toxic legacy as it prepares to divest from Niger delta – report
Shell should take responsibility for its toxic legacy of polluting the Niger delta before abandoning its oil infrastructure there, said a report by the Center […]
Africa’s deficit with China widens as Beijing’s BRI gambit runs into trouble
The recent news that Africa’s trade deficit with China continued to widen in 2023 has raised a red flag in parts of the continent especially […]
Coal mine closures to impact 2.5m people, mainly in South Africa
An overlooked aspect of the just energy transition is the impact coal mine closures will have on mining communities. Now we have a better idea, […]
Moroccan King’s Atlantic Initiative Reflects Pan-African Ambition to Strengthen Ties with African Countries
King Mohammed VI’s Atlantic Initiative to promote Atlantic Ocean access for Sahel countries reflects a pan-African ambition to forge stronger economic and cultural ties with […]