Nigeria: Airline Operators Threaten to Suspend Operations Over Surge in Jet Fuel Price/in /by
[Vanguard] Airline Operators of Nigeria, AON, has warned that airlines across the country may suspend operations from April 20, 2026, over what it described as an "astronomical and unsustainable" rise in the price of Jet A1 fuel.
Kenya: President Ruto Signs Tax Relief Law Reducing Fuel VAT By Half for Three Months/in /by
[Capital FM] Nairobi -- President William Ruto has signed the VAT (Amendment) Act 2026 into law, temporarily reducing Value Added Tax on fuel from 16 percent to 8 percent for a period of 90 days in a move aimed at easing pressure on consumers and stabilising fuel prices.
1,100 Kenyan workers face lay off as Meta ends contract with Sama/in /by
After years of criticism and lawsuits, Meta is ending a major contract with the Kenyan outsourcing company Sama. The move will see more than 1,100 people lose their jobs, Sama said in a statement.
Nigeria: Reopening Fuel Imports Is Not Reform, It Is Regression/in /by
[Premium Times] In April, the World Bank repeated a familiar prescription, one of many that have never guided any developing nation toward genuine success. The pattern is predictable: a prescription, followed by confusion, and ultimately chaos. This time, it urged Nigeria to reopen petrol imports to moderate inflation. The argument was wrapped in technocratic language, but the message was unmistakable. Nigeria is being asked to return to the very trap that weakened its economy for decades. This recommendation is not
Namibia: Shell Hits Record of 25 Exploration Wells in Four Years/in /by
[Namibian] The international oil and petroleum company Shell has drilled 25 exploration wells in Namibia's Orange Basin in four years, in a record for the company in Namibia.
Mozambique: Government Insists No Risk of Fuel Shortages/in /by
[AIM] Maputo -- The Mozambican government on Thursday insisted again that there is no risk of fuel shortages - despite the long queues of vehicles at filling stations in Maputo and other cities.
Rwanda: Petrol Price Increase By Over Rwf600 On a Litre/in /by
[New Times] Petrol prices on the pump have been increased to Rwf2,938 per litre, up from Rwf2,303, while diesel remains unchanged at Rwf2,205, following a new tariff announced by Rwanda Utilities Regulatory Authority (RURA) on April 16.
“Sub-Saharan Africa resilient, despite mounting global shocks” – Abebe Selassie/in /by
Sub-Saharan African economies have demonstrated remarkable resilience in the face of repeated global shocks, according to Abebe Aemro Selassie, Director of the African Department at the IMF.
Trump says Israel and Lebanon have agreed to a 10-day ceasefire/in /by
US President Donald Trump announced Thursday that Israel and Lebanon had agreed to a 10-day ceasefire, a truce that could boost attempts to extend the ceasefire between Iran, the United States and Israel after weeks of devastating war.
West Africa: ‘Why Nigeria Continues to Miss Opec Quota’/in /by
[Daily Trust] The Nigerian National Petroleum Company Limited and its partners operating in the upstream industry have continued to miss the 1.5 million oil production quota given to the county by the Organisation of Petroleum Exporting Countries (OPEC) in the last eight months, Daily Trust reports.