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Nigeria and Libya are Africaโs leading oil producers. For nearly a decade, Nigeria has held the top position, with Libya consistently close behind. However, recent trends suggest this long-standing order may be shifting.

Nigeria is Africaโs top oil producer, meaning the recent spike in oil prices could provide a revenue boost. However, its current domestic economic conditions suggest it may not benefit as much as it did during the last oil boom.

Europeโs ongoing jet fuel shortage presents a strong opportunity for Nigeriaโs Dangote refinery. It has already shipped cargoes to the UK, and as the continent looks for more supply, its buyer base could expand further.

The windfalls from rising crude prices is leaving oil-African nations the wiggle room to return to the global capital market. With price at above $100 a barrel, these countries are leveraging on their resources to raise fresh capital
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Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…

Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…

Schneider Electric, the leader in the digital transformation of energy…

Lagos, Nigeria โ August 26, 2025ย โ All On, a Shell-funded…

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Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…

Schneider Electric, the leader in the digital transformation of energy…

Lagos, Nigeria โ August 26, 2025ย โ All On, a Shell-funded…

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The deal between Exxaro Resources and Eskom marks a significant step toward stabilising South Africaโs power grid. With the contract set to run for 17 years, here are some key facts about the agreement.

Rising tensions in the Middle East are pushing several African countries to rely more on Nigeriaโs Dangote refinery. The shift goes beyond petrol, extending to other critical products needed to support domestic industrial demand.

A recent petrol import scandal involving high-profile officials recently spotlighted the East African nation of Kenya. The conspiracy captures the political intrigues of the nation’s petroleum sector.

For a nation of 200 million people, Nigeria produces a meagre electricity of 4,000 MW from its ever-failing grid. Mini-grid offers a real alternative to this lingered electricity crisis.