South Africa’s annual inflation rate slowed more significantly than expected in July, providing the first reprieve in five months as fuel and food costs declined.
The Dangote refinery is positioning itself to compete with American fuel exporters in the European market as geopolitical shifts and maritime disruptions redraw global petroleum trade routes.
The government of Niger has committed $1.9 billion to a refinery project in Dosso with Zimar, a Canadian firm facing scrutiny over its lack of verifiable expertise.
Nigeria’s crude oil production is expected to surpass 1.7 million barrels per day in the second half of 2026, providing significant fiscal relief to the government.
Uganda is pursuing a $243 million financing facility from Citibank to upgrade critical road infrastructure in the eastern region, aiming to enhance regional trade connectivity.