June 11
Nigeria: Dangote Refinery Valued At $39b in Private Placement Ahead of IPO
Dangote Petroleum Refinery is seeking to raise about $1 billion through a private placement that values the company at $39.1 billion, according to an information memorandum seen by… Read more »
May 20
South Africa: South Africa Inflation Hits 20-Month High On Fuel Costs
South Africa's inflation rate rose to the highest level in 20 months in April, driven by higher fuel prices linked to the Iran war and its effect on global energy markets. Consumer… Read more »
May 03
Senegal: TotalEnergies Senegal Profit Grows Despite Pump Price Cut
TotalEnergies Marketing Senegal, the BRVM-listed fuel retailer and 69.1% subsidiary of TotalEnergies, posted net profit of 1.59 billion FCFA ($2.8 million) in the first quarter of… Read more »
Cote d'Ivoire: SMB Sees Sharp Profit Drop On Maintenance Halt, Oil Price Surge
SMB, the Abidjan bitumen refiner, saw profit fall 45% in the first quarter of 2026 to 1.49 billion FCFA ($2.7 million) from 2.71 billion FCFA ($4.9 million) a year earlier -- a… Read more »
April 17
Nigeria: Renew Capital Launches Venture Lab to Back African Fintech Founders
Renew Capital has launched a new programme to support startups building financial products for small businesses. The initiative, called the Renew Venture Lab: EmFi Series, aims to… Read more »
Africa: Dangote Plans to Sell About 10 Percent of Refinery in IPO Across Africa
Aliko Dangote plans to sell about 10% of Dangote Petroleum Refinery and Petrochemicals in a multi-exchange listing across Africa, targeting 2026. The offer is part of a plan to… Read more »
West Africa: Nigeria Inflation Hits Two-Decade High As Fuel Costs Surge
Nigeria's monthly inflation rate rose to a more than two-decade high in March, driven by higher fuel costs linked to global energy tensions. Consumer prices increased 4.2%… Read more »
April 13
Nigeria: Dangote Plans Pan-African IPO for Refinery in Landmark Listing
Aliko Dangote plans to list shares of the Dangote Refinery across multiple African stock exchanges, in what could become one of the largest and most complex equity offerings on the… Read more »
April 11
Ghana: Ghana Inflation Cools Again Despite Oil Price Pressures
Ghana's annual inflation rate eased to 3.2% in March from 3.3% in February, marking a 15th straight month of decline, according to data released by the national statistics office. Read more »
April 01
Cote d'Ivoire: TotalEnergies Ci Net Profit Falls 3 Percent to 9.09b Xof in 2025
TotalEnergies Marketing Côte d'Ivoire (TTLC), the BRVM-listed fuel retailer and unit of TotalEnergies, posted a net profit of 9.09 billion XOF ($15.9 million) for the year… Read more »
Africa: Iran War Drives Fuel Shock Across Africa As Govts Scramble to Respond
The war involving Iran is pushing fuel prices higher across Africa, forcing governments to take emergency measures as supply tightens and costs rise, according to a Bloomberg… Read more »
March 24
Africa: Dangote Refinery Sells Fuel Across Africa After Reaching Full Capacity
Dangote Petroleum Refinery & Petrochemicals has begun exporting fuel across Africa after reaching full production capacity, marking a shift in regional fuel supply dynamics. Read more »
March 22
Nigeria: Dangote Nears Refinery IPO in Deal That Could Reshape Nigerian Market
Dangote Group has appointed Stanbic IBTC Capital, Vetiva Capital Management and FirstCap to lead the planned initial public offering of its refinery business on the Nigerian… Read more »
March 03
Nigeria: Nigeria Signs $1.3b Deal With AFC for Alumina Refinery
Nigeria has signed a $1.3 billion agreement with the Africa Finance Corporation to build an alumina refinery that will process bauxite locally and expand the country's role in the… Read more »
January 29
Kenya: Kenya Looks to Raise $825m From Pipeline Company Stake Sale
The Kenyan government has launched the sale of a 65% stake in the Kenya Pipeline Company, setting up what is expected to be East Africa's largest initial public offering in… Read more »
January 08
Africa: Africa Oil and Gas Regains Momentum Despite Lower Prices
Africa's oil and gas sector ended 2025 on a stronger footing than expected, despite lower crude prices and continued pressure from environmental groups and global investors.… Read more »
December 13, 2025
Ghana: Ghana Growth Slows in Third Quarter As Oil Sector Drags
Ghana's economy expanded 5.5% year on year in the third quarter of 2025, supported by strong growth in agriculture and services, data from the national statistics service show. Read more »
November 02, 2025
Nigeria: Nigeria Imposes 15 Percent Duty On Petrol Imports to Protect Local Refiners
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July 29, 2025
Cameroon: Cameroon Hopes New Oil Refinery Will Cut Fuel Imports
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