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Oil Industry News & Insights

Photo by Eswatini Photography @ Unsplash
Eswatini gears up for higher prices in 2026 due to inflation
04/12/2025
Eric Kasongo
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An exhibition stand at the Intra-Africa Trade Fair 2025 in Algeria Photo: Afreximbank Media
South Africa trade surplus narrows sharply in October
03/12/2025
Eric Kasongo
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The oil refinery factory. Photo by Maksym Kaharlytskyi @ Unsplash
Angola producer prices fall for fourth straight month as oil, diamonds drag output
03/12/2025
Justice Nwafor
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Lagos, Nigeria. © Unsplash
Nigeria’s growth eases to 3.98% in Q3 as oil underperforms
03/12/2025
Vincent Nwanma
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Oil rig. Photo @ Pixabay
Gabon’s first private oil firm Komo Ressources Group begins production
02/12/2025
Ahmed Boulor
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Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling
01/12/2025
Ahmed Boulor
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An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
South Africa’s new national oil firm SANPC targets operations by 2027
27/11/2025
Ahmed Boulor
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Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Nigeria’s Dangote refinery targets 1.4mn bpd with Honeywell technology
27/11/2025
Vincent Nwanma
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Street market in Kaduna, Nigeria. Photo @Pexels
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Nigeria’s 2026 budget raises debt trap fears as servicing costs surge
A section of Malian nationals. Photo by Bob Brewer @ Unsplash
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Moody’s forecasts 4.9% growth in Mali despite fuel crisis
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
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Ghana treasury bills rebound as demand surges 38%
Mozambique Photo: @ Unsplash
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Mozambique slips deeper into recession as GDP contracts 0.85% in Q3
A section of Malian nationals. Photo by Bob Brewer @ Unsplash
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Moody’s forecasts 4.9% growth in Mali despite fuel crisis
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
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Ghana treasury bills rebound as demand surges 38%
Mozambique Photo: @ Unsplash
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Mozambique slips deeper into recession as GDP contracts 0.85% in Q3
Banknotes. Foreign direct investment (FDI) Photo by Jakub Żerdzicki @ Unsplash
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West Africa’s bank records $3bn liquidity surge as BCEAO holds rates
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
Read More »
Ghana treasury bills rebound as demand surges 38%
Mozambique Photo: @ Unsplash
Read More »
Mozambique slips deeper into recession as GDP contracts 0.85% in Q3
Banknotes. Foreign direct investment (FDI) Photo by Jakub Żerdzicki @ Unsplash
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West Africa’s bank records $3bn liquidity surge as BCEAO holds rates
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
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Ivory Coast issues 13 new exploration permits as gold output surges