[Daba Finance] South Africa's inflation rate rose to the highest level in 20 months in April, driven by higher fuel prices linked to the Iran war and its effect on global energy markets. Consumer prices increased 4.0% from a year earlier, compared with 3.1% in March, Statistics South Africa said.
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[Ghanaian Times] There is an unfortunate phenomenon whereby every major national project, at its formative stage, encounters a wave of challenges.
[Mozambique News Reports And Clippings] Rui Mate analysed only Coral Sul because it is the only Cabo Delgado gas project in operation and thus the only one with published data to check his projections for the first three years - and his projections agree with public data. Coral Norte, now under construction, will look very much like Coral Sul. Both are in deep water in Area 4.
[Mozambique News Reports And Clippings] Gas will generate billions of dollars in state revenue, but much less than predicted and not for a decade. Other investments in agriculture and mineral processing would generate more money - and more development - sooner. This is the conclusion of the what is probably the first detailed study of gas contracts and state revenue, done by Rui Mate of CIP (Public Integrity Centre) and presented Tuesday (12 May). What does Rovuma Gas actually bring to Mozambique?
[Leadership] As Nigeria's downstream oil industry undergoes a historic transformation driven by the implementation of the Petroleum Industry Act (PIA) and deregulation, operating indigenous companies are increasingly identifying new investment opportunities to improve operations.
[allAfrica]
[Premium Times] The latest reduction in Jet A1 price comes amid sustained pressure on Nigerian airlines grappling with high operating costs, flight disruptions and passenger complaints linked to rising aviation fuel prices.
[Namibian] The persistent increase in Namibia's fuel prices is no longer just an economic concern discussed in government offices or at financial institutions.
[Capital FM] Nairobi -- Former Deputy President Rigathi Gachagua has dismissed government claims linking rising fuel prices in Kenya to tensions around the Strait of Hormuz, arguing that the country's fuel imports are sourced directly from Gulf suppliers and do not pass through the disputed waterway.
[Capital FM] Nairobi -- Deputy President Kithure Kindiki has hailed public transport operators for suspending the nationwide fuel strike, describing the move as a patriotic act that prioritises the country's stability and the welfare of Kenyans.
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