Why Africa's Downstream Sector is the Next Big Investment
Africa's downstream oil sector needs over $100bn investment by 2050. Discover how ARDA is tackling regulatory & infrastructure gaps to unlock this massive opportunity for global investors.
Category : Search result: Africa downstream investment
Book: Transport Services Drive Africa's Economic Growth
A new book argues Africa must shift focus from building infrastructure to managing transport services to boost productivity and investment. Experts warn poor service delivery hurts urban competitiveness.
Dangote Refinery Slashes Petrol Price by N200 in 2025
Dangote Petroleum Refinery closed 2025 with a dramatic N200.50 per litre price cut, reshaping Nigeria's fuel market. Learn how local refining is driving down costs and pressuring importers.
Ministry Gets Appeal on Corporate Records, Respects Court
The Federal Ministry of Industry confirms receiving an appeal on corporate records involving two firms. It reaffirms respect for the judiciary and ongoing court cases. Read the full statement.
Petrol Station Workers Demand Health Insurance from IPMAN
Labour advocates urge IPMAN to provide health insurance for petrol station workers nationwide, citing daily exposure to toxic fumes and fire hazards. This follows NNPCL's new scheme for its retail workers.
Dangote Sells Fuel at N739 via MRS Stations
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
Why Africa's Green Transition Needs a Development Focus
A new report warns Africa's climate strategy must combine debt relief with low-carbon growth to ensure the green transition delivers real development dividends, not just emissions cuts.
NSIA's 2025 Review: $3B Assets, Key Projects
Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.
Dangote, Others Honoured in Downstream Petroleum Awards
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
Dangote Refinery Resumes Free Petrol Delivery at N699/Litre
Dangote Petroleum Refinery has resumed free nationwide petrol delivery to stations at a new price of ₦699 per litre, aiming to stabilise Nigeria's fuel market. Learn about the incentives and registration process.
Africa's Fuel Import 'Slavery' Persists Despite New Refineries
Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy
Oba Akiolu Urges Investors to Focus on Nigeria's Development
The Oba of Lagos calls for genuine investors to improve Nigeria's socio-economic conditions, not just maximise profits. Read his message to multinationals.
Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Russia-Africa Partnership Forum meets in Egypt to boost cooperation
Russia pledges expanded cooperation with Africa at Cairo ministerial conference. Trade exceeds $27bn, with focus on industrial growth, security, and education. Details inside.
Nigerians Invest in Dubai Real Estate for High Returns
Experts reveal why Dubai's property market attracts Nigerian investors with 8-9% rental yields, top security, and a tax-free environment. Discover the investment opportunities.
UAE's $1bn AI for Development Initiative Targets Africa
The UAE has launched a $1 billion 'AI for Development' initiative to finance AI projects in Africa, aiming to enhance digital infrastructure, government services, and productivity across the continent.
Kebbi Govt Downplays Insecurity, Woos Investors
Kebbi State Government assures investors of a stable environment for business, highlighting strong regulations and key sectors like energy and agriculture. Dr. Mohamed Kamba says insecurity is exaggerated.
UAE invests $6bn in Africa's tourism sector
The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.
IRON Capital's Rise as Africa's Premier Financial Advisor
Discover how IRON Capital, under Jubril Enakele, became a leading African investment firm, advising Nigeria's $917m US Dollar Bond and major corporations. Explore their journey of trust and innovation.
CFG Africa's ₦1bn Ethical Fund Targets 2026 Growth
CFG Africa unveils a ₦1 billion ethical fund for Sharia-compliant investments. Experts at the Lagos forum urge policy shifts to boost Nigeria's real economy. Discover the strategic path for 2026.
Dangote Seeks ICPC Probe of NMDPRA MD Over $7M
Aliko Dangote petitions ICPC, alleging NMDPRA MD Farouk Ahmed misused public funds for children's Swiss tuition. Lawyers group condemns 'media trial'. Full story.
Fuel Depot Prices Crash 14% After Dangote Rate Cut
Petrol prices at Lagos depots have plunged by 14% to N710 per litre following Dangote Refinery's aggressive price slash, sparking a rush by marketers. Discover the market realignment.
Reps Panel Pushes for Fuel Supply Sufficiency, Downstream Efficiency
The House Committee on Petroleum (Downstream) outlines a legislative push to strengthen local refining and stabilise Nigeria's fuel sector ahead of 2026. Read the full plan.
House of Reps Intervenes in Dangote, NMDPRA Dispute
The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.
10 African Coups in Five Years: A Continent's Turmoil
From Mali to Guinea-Bissau, Africa has witnessed 10 successful military coups since 2020. Explore the timeline, key figures, and ongoing instability shaping the continent's political landscape.
12 killed in South Africa hostel shooting
Gunmen stormed an illegal bar in a Pretoria hostel, killing 12 people, including three children. Police link the tragedy to unlicensed liquor outlets.
Boris Johnson, Ban Ki-moon, Dangote Attend Imo Summit
Imo State hosts a high-profile Economic Summit with global leaders like Boris Johnson and Aliko Dangote. Dangote announces major fertilizer investment plans. Discover the key outcomes.
SEC Flags Glorious Wealth Fund as Unauthorised
Nigeria's SEC warns against Glorious Wealth Fund (GWF), an unlicensed online investment platform. Learn the red flags of Ponzi schemes and how to protect your money.
Africa Real Estate Festival Set for Accra in April 2026
Ghana will host the inaugural Africa Real Estate Festival (AREF) in April 2026. The event themed 'Innovation Meets Identity' aims to shape the continent's urban future. Read more.
Petit Snubs Nigeria, Picks AFCON 2025 Favourites
Arsenal legend Emmanuel Petit has named Morocco and South Africa as his favourites to win AFCON 2025, snubbing Nigeria's Super Eagles. Get the full story and expert analysis here.
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