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Nigeria: Afreximbank Underwrites $2.5bn Loan for Dangote Refinery/in /by
[Daily Trust] African Export-Import Bank (Afreximbank) says it has underwritten $2.5billion out of a $4billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE (DPRP).
Tanzania: Bolt Engages Stakeholders Over Fuel Surge/in /by
[Daily News] Dar es Salaam -- Bolt Tanzania has said it is actively engaging with relevant authorities and other stakeholders following a sharp 33 per cent increase in fuel prices, as the ride-hailing platform moves to assess the full impact on its operations and driver earnings.
Nigeria: Rising Fuel Prices Drive Ev Adoption in Nigeria, Say Experts/in /by
[This Day] Abuja -- Rising fuel costs are pushing Nigerians towards electric vehicles (EVs), as industry players, financiers and policymakers say lower running costs and flexible financing are making the shift increasingly practical.
Tanzania: Govt Moves to Address Fuel Prices/in /by
[Daily News] Dodoma -- THE government has stepped in to address rising fuel prices, with Prime Minister Mwigulu Nchemba saying authorities will convene a meeting to ensure the commodity remains affordable and does not escalate the cost of living.
Namibia: Fuel Panic Grips Namibia As Motorists Rush to Service Stations Before Price Hikes/in /by
[Namibian] Long queues formed around service stations across the country yesterday as motorists tried to fill up their cars before major fuel price increases come into force today.
Cote d’Ivoire: TotalEnergies Ci Net Profit Falls 3 Percent to 9.09b Xof in 2025/in /by
[Daba Finance] TotalEnergies Marketing Côte d'Ivoire (TTLC), the BRVM-listed fuel retailer and unit of TotalEnergies, posted a net profit of 9.09 billion XOF ($15.9 million) for the year ended December 31, 2025, a 3% drop from 9.37 billion XOF ($16.4 million) in 2024, according to accounts approved by the board on March 18, 2026.
Africa: Afreximbank – $2.5bn underwriting for Dangote refinery loan/in /by
[Afreximbank] Dr. George Elombi, President and Chairman of the Board of Directors, Afreximbank, and Mr. Aliko Dangote, President/Chief Executive, Dangote Industries Limited, joined by Afreximbank Board members and the Bank's executive leadership during the signing ceremony in Cairo, Egypt.
Nigeria: Implications of the US-Israel-Iran Conflict and Strait of Hormuz Disruption for Inflation in Nigeria/in /by
[Daily Trust] This brief presents an analysis of the potential macroeconomic implications of the US-Israel-Iran conflict on Nigeria. The results of the exposure of Nigeria to the conflict from counterfactual simulations suggest that Nigeria is highly vulnerable to the ongoing geopolitical tension involving the United States, Israel, and Iran. Evidence from trade exposure metrics, disruption simulations, and the Strait of Hormuz scenario shows that Nigeria faces risk across several strategic commodities -crude oil,
Africa: Iran War Drives Fuel Shock Across Africa As Govts Scramble to Respond/in /by
[Daba Finance] The war involving Iran is pushing fuel prices higher across Africa, forcing governments to take emergency measures as supply tightens and costs rise, according to a Bloomberg report.
Nigeria: CSOs, Rivers Community Urge Solution to Persistent Underwater Gas Eruption/in /by
[Premium Times] The News Agency of Nigeria recalls that the Nigerian Upstream Petroleum Regulatory Commission had, in a statement issued on 20 March by its Chief Executive, Oritsemeyiwa Eyesan, said it had commenced an investigation into a gas bubbling incident in the Bille Community.