Namibians have reacted to the government's decision to hike public transportation fares with calls for a corresponding increase in public sector salaries. The government announced that the adjustment, effective May 18, applies to taxis, minibuses, and inter-city buses.
Minister of Works and Transport Veikko Nekundi said the decision is driven by
Read more »The reassurance follows reports of dry pumps at several petrol stations in Nairobi, sparking concern among motorists and businesses about possible supply constraints.
In a statement, the Ministry of Energy and Petroleum has said the temporary disruptions were linked to challenges within the downstream petroleum supply chain.
Read more »Airlines have warned that a persistent scarcity of jet fuel is causing significant travel disruptions, including widespread delays and cancellations. The crisis has worsened in recent days, leaving hundreds of passengers stranded and forcing many to rethink their travel plans.
Major hubs in Lagos and Abuja, along with other key domestic routes, are severely impacting passengers with extended wait times. In a
Read more »Africa's richest man and President of the Dangote Group, Aliko Dangote, has signalled plans to partner with Kenya and Uganda to construct a major oil refinery in Tanzania. This is modelled after his flagship 650,000 barrels-per-day facility in Nigeria.
Dangote, who participated in the conference alongside other regional presidents, including Kenya's president, William Ruto, and Uganda's president,
Read more »The government has warned that the country is now "dangerously exposed" as the fuel crisis deepens, severely disrupting transportation, commerce, and daily life. In a statement, government spokesperson Shadric Namalomba attributed the shortage to the ongoing conflict in the Middle East and a critical lack of foreign exchange.
Namalomba said international suppliers are now demanding upfront cash
Read more »President William Ruto has attributed Kenya's status as a middle-income country and its high infrastructure demand as the primary reasons for the country's higher fuel costs compared to its neighbors. Addressing concerns over rising prices, the President said fuel levies are essential for maintaining Kenya's existing network of over 20,000 kilometers of roads, with an additional 6,000 kilometers currently under
Read more »President William Ruto has vowed a firm crackdown on oil cartels in the petroleum sector as investigations intensify into an alleged artificial fuel shortage that has rocked Kenya's energy industry and triggered the arrest and resignation of top officials.
The authorities investigated allegations that senior officials manipulated fuel stock data to create a false supply crisis. Kenya's petroleum
Read more »Government officials have said the move carries significant economic and geopolitical weight.
The milestone follows the arrival of the Turkish research vessel, Cagri Bey, in Somali waters to begin operations. The drilling is the result of a 2024 bilateral agreement between Somalia and Turkey, establishing a framework for cooperation in the oil and gas sectors.
Foreign Affairs Minister Ali Omar said a successful campaign could bolster the nation's prospects for
Read more »African nations are bracing for a surge in fuel and food prices as disruptions in the Strait of Hormuz, fueled by ongoing conflict in the Middle East, continue to worsen. The Africa Supply Chain Confederation (ASCON) warns that the blocked waterway carries far more weight for the continent than many realize.
"This is not just an oil story," said ASCON President Ronald Mlalazi. Citing the International
Read more »South Africans brace for record-high prices at the pumps despite Finance Minister Enoch Godongwana announcing the fuel tax will be reduced by R3.00 a litre for both petrol and diesel.
The move comes as the price of oil shot up by nearly 50% after the U.S. and Israel attacked Iran on February 28.
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