African Export-Import Bank (Afreximbank) is pleased to announce the signing of a US$1.35 billion financing facility in favor of Dangote Industries Limited (DIL). The facility…
Oando Publishes improved results for 2024
Africa’s leading integrated energy company listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), announced a strong financial performance for the…
Oando acquires Nigerian Agip Oil Company for a whopping $783M
Nigerian energy company Oando PLC has successfully completed its acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from Italian…
Chevron ditches California, moves to Texas
The nation’s second-largest oil company is moving to the nation’s second-largest state. After nearly 150 years, Chevron is uprooting its headquarters and heading to Texas.…
The largest oil refinery in Africa commences production in Lagos, Nigeria
The world’s largest single-train Refinery, the 650,000 barrel-per-day Dangote refinery has commenced production. The $19B refinery located in Lagos Nigeria, will initially refine diesel and…
Highlights of the Africa Energy Week #AEW2023
During the African Energy Week (AEW) 2023 conference and exhibition, a Women in Energy Roundtable Discussion convened a diverse group of influential women leaders in…
OTC 2018 Announces Spotlight on New Technology® Award Recipients
The Offshore Technology Conference (OTC) announces that 17 technologies will receive the 2018 Spotlight on New Technology® Award, two of which are being recognized in…
How Billionaire Igho Sanomi celebrated his 42nd Birthday
Igho Sanomi, Founder and Chairman of Taleveras, quietly celebrated his 42nd birthday on 17th May. This coincided with the conclusion of the “Touch A Life…
Africa Finance Corporation brokers US$425M for Oil and Gas
Lagos – Africa Finance Corporation (‘AFC’) is acting as lead arranger for an up to US$425 million senior mezzanine facility for New Age (African Global…