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Nigeria: Diezani Tells London Court She Was Made Scapegoat Over Subsidy Crisis/in /by
[This Day] The trial of former Nigerian petroleum minister, Diezani Alison-Madueke, resumed on Day 23 at the Southwark Crown Court in London, with the ex-minister telling the court she was unfairly blamed and effectively made a scapegoat for decisions taken at the highest levels of government, particularly during the fallout from Nigeria's 2012 fuel subsidy crisis.
Uganda: Uganda Nears First Oil As Projects Reach Completion/in /by
[Nile Post] Uganda is approaching what officials describe as a decisive phase in its petroleum journey, with major oil infrastructure projects reporting near-completion ahead of expected production in the second half of 2026.
Nigeria: Renew Capital Launches Venture Lab to Back African Fintech Founders/in /by
[Daba Finance] Renew Capital has launched a new programme to support startups building financial products for small businesses. The initiative, called the Renew Venture Lab: EmFi Series, aims to identify and fund founders developing credit solutions across Africa.
Africa: Dangote Plans to Sell About 10 Percent of Refinery in IPO Across Africa/in /by
[Daba Finance] Aliko Dangote plans to sell about 10% of Dangote Petroleum Refinery and Petrochemicals in a multi-exchange listing across Africa, targeting 2026. The offer is part of a plan to raise capital for expansion and increase participation in regional capital markets. The company said dividends will be paid in dollars after the listing.
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.