Posts

Rwanda: Rising Fuel Costs Push Up Food Prices Across Kigali/in /by
[New Times] Traders across Kigali say prices of various food items and basic commodities have risen in recent weeks, attributing the trend to increased fuel costs driven by the conflict in the Middle East, which has pushed up transport expenses.
Kenya: Wandayi Says Unaware of Energy Chiefs’ Exit Amid Sh4bn Fuel Probe/in /by
[Capital FM] Nairobi -- Energy and Petroleum Cabinet Secretary Opiyo Wandayi has told Parliament he does not know the circumstances surrounding the resignation of three top officials in the petroleum sector, as investigations into a controversial fuel importation deal intensify.
Kenya: ‘Kenyans to Benefit From Lower Fuel Costs On Upcoming Shipment’, Wandayi Tells MPs/in /by
[Capital FM] Nairobi -- Energy and Petroleum Cabinet Secretary Opiyo Wandayi has indicated that an incoming fuel consignment could help stabilize or reduce petroleum prices.
Nigeria: Dangote Plans Pan-African IPO for Refinery in Landmark Listing/in /by
[Daba Finance] Aliko Dangote plans to list shares of the Dangote Refinery across multiple African stock exchanges, in what could become one of the largest and most complex equity offerings on the continent. The IPO will be structured as a pan-African listing, with a primary listing expected on the Nigerian Exchange and cross-border access for investors in other markets.
Namibia: Emulate Norway’s Oil Transparency/in /by
[Namibian] President Netumbo Nandi-Ndaitwah deserves her flowers for using Norway to benchmark Namibia's oil sector instead of leaning toward corruption-ridden countries where citizens have seen little or no benefit from oil wealth.
Nigeria: NNPC’s February Revenue Rises 4.2 Percent to N2.68tn, Profit Slumps By 64.7 Percent/in /by
[This Day] Abuja -- ·Statutory remittances jump 148% to N1.8trn
Tanzania: Fuel Tax System Curbs Evasion/in /by
[Daily News] Dar es Salaam -- A PETROLEUM importation and distribution company, MOIL Energies, has expressed satisfaction with the introduction of a new fuel tax payment system that requires taxes to be paid before fuel is released to the market, saying it has significantly curbed tax evasion practices that existed previously.
Rwanda: Fuel Hike Leaves Truck Drivers Stranded Abroad in Contract Disputes/in /by
[New Times] Some transporters and cargo owners are locked in growing disputes following the recent fuel price increase, driven by the conflict in the Middle East, with some operators halting services as negotiations over transport costs stall.
Nigeria: Nigerian Navy Arrests Two Vessels With Stolen Crude Worth N4 Billion/in /by
[Premium Times] He said the arrest underscores the Nigerian Navy's continued commitment to combat crude oil theft and other economic saboteurs.
Ghana: Ghana Inflation Cools Again Despite Oil Price Pressures/in /by
[Daba Finance] Ghana's annual inflation rate eased to 3.2% in March from 3.3% in February, marking a 15th straight month of decline, according to data released by the national statistics office.