Governance and Regulations
Top stories
The United Arab Emirates, of one the oil-rich Gulf State, has announced its decision to exit the Organization of the Petroleum Exporting Countries and the OPEC+ alliance, effective May 1, 2026.
Europe’s ongoing jet fuel shortage presents a strong opportunity for Nigeria’s 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 Airline Operators of Nigeria (AON) has warned that domestic flight operations may be suspended from April 20, 2026, following what it described as an “astronomical and unsustainable” increase in the price of Jet A1 fuel.
Vivo Energy, a subsidiary of global commodities trader Vitol, is set to invest approximately $130 million to expand its fuel storage capacity in Durban, a key port city on South Africa’s east coast.
Nigeria and Morocco are targeting the signing of an intergovernmental agreement (IGA) this year for the long-planned $25 billion Nigeria–Morocco Gas Pipeline, according to Morocco’s hydrocarbons and mining agency.
Angola has re-entered the international debt market to capitalise on rising crude oil prices triggered by the ongoing conflict in the Middle East, signalling renewed confidence in the country’s fiscal outlook.
The government of Kenya is planning to purchase about 3,000 electric vehicles for publlic officials use as part of efforts to reduce dependence on petroleum and promote clean energy transport.
The African Export-Import Bank (Afreximbank) has committed $2.5 billion of the $4 billion senior syndicated term loan for the Dangote Petroleum Refinery and Petrochemicals FZE, making it the single largest participant in the lending group.
South Africa hosts some of the most busiest airport in Africa. This makes it a major travel gateway on the continent. With rising jet fuel, the nation now faces a huge commerce pressure.
The Ethiopian government has announced the signing of $13.1 billion worth of investment agreements including renewable energy, mining, manufacturing, real estate, and green ammonia projects.
Air travellers in South Africa are facing higher fares as Middle East tensions push jet fuel prices up by 70%, with several domestic airlines introducing temporary surcharges.
Dangote’s entry into Ethiopia’s fertiliser market signals deeper African business integration, while challenging the status quo. With supplies largely coming from Morocco and Egypt, the company is set to face established rivals in an unfamiliar market.
South Africa’s National Treasury has said on Wednesday that it expects government debt to stabilise as planned despite rising oil prices and market volatility linked to the Middle East conflict.
Nigeria halted the issuance of import permits in the month of February for fuel as the Dangote refinery increasingly dominates domestic supply.
Kenya has said it will allocate $155 million from proceeds of its pipeline IPO to support the expansion of Jomo Kenyatta International Airport in Nairobi.
A Trafigura-backed initiative is preparing to invest more than $1 billion in four carbon removal projects across central and southern Africa as part of a long term plan to restore degraded woodlands.
Ghana says it has paid $1.47 billion to settle longstanding energy sector debts, including funds from the World Bank’s Partial Risk Guarantee.
Nigeria’s energy sector is seeing a late-year rush of capital as major players push through acquisitions, mergers, and exit deals ahead of the close of 2025, with deep-pocket investors leaving little to chance in locking in value.
Heirs Energies has acquired a 20.07% equity stake in Seplat Energy Plc, Nigeria’s biggest indigenous oil and gas company by market valuation, in a transaction valued at about $500 million.
NNPC Limited has announced the full restoration of the Escravos–Lagos Pipeline System (ELPS), following an explosion on a section of it earlier this month that disrupted supplies.
