Posts

West Africa: Nigeria Inflation Hits Two-Decade High As Fuel Costs Surge/in /by
[Daba Finance] Nigeria's monthly inflation rate rose to a more than two-decade high in March, driven by higher fuel costs linked to global energy tensions. Consumer prices increased 4.2% month-on-month, up from 2% in February, while annual inflation rose to about 15.4%, according to data from National Bureau of Statistics.
Nigeria: The Aviation Fuel Price Conundrum/in /by
[This Day] Government should provide temporary relief for the airlines
Namibia: Company Loses ‘Urgent’ Case About Petroleum Licence/in /by
[Namibian] A petroleum exploration licence holder claiming that a rival company was awarded an exploration licence after an intervention from State House has suffered a loss in an urgent application that it filed in the Windhoek High Court.
Nigeria: Dangote Refinery Eyes Crude Production As Upstream Project Records First Output/in /by
[Premium Times] The move by the Dangote refinery could strengthen crude supply to its 650,000 barrels-per-day refinery and deepen vertical integration.
Kenya: 11 Arrested As Police Break Up Fuel Price Protests in Nairobi CBD/in /by
[Capital FM] Nairobi -- Activist Julius Kamau was among eleven protesters arrested in Nairobi's central business district on Tuesday as police moved to disperse small pockets of demonstrations over rising fuel prices.
Malawi: Fuel Crisis Turns Critical – Malawi Runs Dry As Government Admits Empty Reserves and Cash Shortage/in /by
[Nyasa Times] Malawi is facing a deepening national crisis after government spokesperson Shadric Namalomba admitted that the country has completely run out of fuel reserves, exposing the severity of the ongoing shortage.
Rwanda: Rising Oil Shocks Demand a Culture of Frugality/in /by
[New Times] As global tensions in the Middle East disrupt petroleum supply chains, Rwanda is already feeling the strain through rising fuel prices and a higher cost of living.
Nigeria: Dangote Refinery to Begin Large-Scale Production of High-Margin Chemicals/in /by
[This Day] The Dangote Group is deepening its push into higher-value petrochemicals, with its refinery in Lekki, Lagos set to begin large-scale production of key industrial chemicals, including the ones for plastics and detergents.
Uganda: Fuel Prices in Kabale Rise As Dealers Blame Middle East Conflict for Supply Shock/in /by
[Nile Post] Fuel dealers in Kabale District have attributed the recent rise in fuel prices to the ongoing geopolitical tensions involving the United States, Israel, and Iran, saying the conflict has disrupted global oil markets and pushed up import costs.
Uganda: Fuel Shortage Disrupts Life in Mityana As Transport Operators Count Losses/in /by
[Nile Post] A worsening fuel shortage in Mityana District is disrupting business activity and transport services, with several filling stations running dry and operators warning of deepening economic strain.