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Dramatic rise of African consumer power driving development

Infrastructure investments are transforming and accelerating economic and social opportunities for millions of people across Africa, driven by the dramatic rise in African consumer power...

2 days ago

Three key trends for African economic growth in 2018

Ecobank Group Research reveals three key emerging trends for Africa which it believes are strong evidence that Africa is on track for improved growth in 2018...

3 days ago

Nigeria's former oil minister blasted over court bid

A Nigerian judge accused the country's former oil minister of trying to "avoid justice" in Britain, as he dismissed an application for her to face corruption charges back home...

3 Nov 2017

Time to reimagine Africa's oil & gas industry

The low oil price, competition for revenue growth and local talent, together with new expectations from investors and regulators has created an environment in the oil & gas industry ripe for disruption...

2 Nov 2017

Benedict Peters and the Nigerian economic recovery

Nigeria-based oil and energy conglomerate Aiteo is creating a new paradigm for the oil industry in Africa. The company recently made news for its successful purchase of OML 29, a massive onshore oil block license, which will drastically increase its output...

By Boris Dzhingarov, Issued by Monetary Library 5 Oct 2017

SA companies explore opportunities in Tunisia, Algeria

A delegation of South African companies is currently on a trade and investment mission in Tunisia and Algeria, where they are exploring export markets...

3 Oct 2017

Dangote emphasises diversification of African economies, importance of agriculture

Nigerian entrepreneur and business leader, Aliko Dangote told investors: "Agriculture, agriculture, agriculture. Africa will become the food basket of the world."

21 Sep 2017

Waste-to-energy programmes key in the sustainable circular economy

The business case for transforming waste to address critical energy shortages is mounting...

By Webb Meko 8 Aug 2017

Nigerian mining sector poised for great things

Several important developments in the Nigerian mining sector in the last year bode well for the industry's future...

8 Aug 2017

Nigeria signs oil financing deals with Shell, Chevron

Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said this week...

4 Aug 2017

Government wants Dangote refinery online

The Nigerian government is pushing for the Dangote refinery in Lagos to come online before its scheduled completion date of December 2019...

1 Aug 2017

Nigeria's ex-oil minister battles slew of graft cases

Nigeria's former oil minister's name crops up in a growing number of international cases of alleged corruption in the country's oil sector...

25 Jul 2017

Anti-corruption groups raise red flag over Nigeria refinery deal

LAGOS - Anti-corruption associations threatened to take the Nigerian government to court in connection with a contract won by Italian oil major ENI to operate a neglected oil refinery...

7 Jun 2017

#AfricaMonth: Internal trade barriers show signs of falling

While the road ahead may still present significant challenges, some of Africa's most long-standing internal trade barriers are beginning to show signs of falling. We interview David Williams, Maersk Line Africa chief executive and global head of Safmarine to find out more...

By Ilse van den Berg 30 May 2017

Eni to build oil refinery in Nigeria: minister

Italian oil group Eni's Nigerian subsidiary Agip is planning a 150,000-barrel per day refinery as part of efforts to reduce imports, junior oil minister Emmanuel Ibe Kachikwu said...

11 May 2017

Two oil giants could face trial in Italy over Nigerian deal

A Milan court is to decide whether to go ahead with criminal proceedings against Shell and ENI over rights to a Nigerian oilfield...

By Jan-Philipp Scholz 20 Apr 2017

Call for oil firms to move to troubled Niger fields

The Nigerian government has called for major oil companies to move their offices to the Niger delta region, to stem unrest in the oil-rich area...

14 Mar 2017

Nigeria top African oil producer for 2016

Several factors have contributed to Nigeria overtaking Angola as the continent's biggest producer last year...

3 Mar 2017

Future Energy to address Africa's power potential

Regional power events in Africa, including EAPIC and WAPIC, have been renamed to Future Energy, in order to reflect the optimism and potential of the energy and power sectors on the continent...

24 Feb 2017

Oil attacks in 2016 cost Nigeria up to $100bn: minister

Militant attacks on key oil facilities last year reduced Nigeria's output by one million barrels per day, resulting in a revenue loss of up to $100bn (€94bn), according to the government...

16 Feb 2017

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