Category : Search result: refinery expansion Africa


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

Nollywood's $1 Billion Deal Marks New Chapter

Nigerian film industry, Nollywood, enters a transformative phase with a $1 billion partnership between The Entertainment Network (TEN) and The Evolution Media Group (TEMG). Discover the plans for global expansion, new studios, and job creation.

Nigeria 5th in Africa for Lowest Fuel Prices

Nigeria emerges as the 5th African nation with the cheapest fuel, thanks to the Dangote Refinery's impact. See the full top 10 list and analysis of pricing factors.

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.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

ISPs Seek Policy Help for Underserved Areas

Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.

South Africa to Sit Out 2026 G20 After US Ban

South Africa announces it will not participate in the 2026 G20 meetings after the US barred its inclusion. Get the full details on this diplomatic standoff and its implications for multilateralism.

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

Stock Market May Reach N262 Trillion in 2026

Bismarck Rewane predicts Nigerian stock market capitalization could surge to N262 trillion next year, driven by major listings like Dangote Refinery and NNPC. Discover the growth trajectory.

Dangote Refinery Saves Nigeria N10bn Yearly

Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.

Feedlot Nigeria Expands to 5000 Cattle Herds

Feedlot Nigeria boosts cattle capacity to 5000 herds, enhancing local beef production and reducing import dependency. Discover how this expansion transforms Nigeria's agricultural sector.

New 30,000 bpd Modular Refinery Launches in Delta

The Federal Government has endorsed a new 30,000-barrel-per-day modular refinery in Koko, Delta State. This project by Ebenco Global is set to create jobs and reduce Nigeria's reliance on imported fuel.

30,000-BPD Modular Refinery Inspected in Delta

Minister Lokpobiri inspected Ebenco's 30,000-barrel modular refinery in Koko, Delta, boosting Nigeria's energy security and creating jobs. Read more about this landmark project.

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