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Top stories
The timing of China’s annual New Year tour coincides with worsening diplomatic relations between Africa and the US, underpinned by steep trade tariffs and foreign aid cuts.

Continued power supply disruptions have become a key challenge for mining operators across Africa, a report says.

The Gas Exporting Countries Forum (GECF) has appointed Nigerian oil veteran and former chief executive of Nigeria LNG, Philip Mshelbila, as its new Secretary General.

The renewed push comes as global trade faces mounting uncertainty from protectionist policies by the US, reinforcing the need for African nations to deepen regional trade as a pathway to resilient growth.
The haircut proposal marks a restart of negotiations that broke down last October and signals tentative progress in the East African nation’s drawn-out debt restructuring process.

Morocco is set to open its first liquefied natural gas (LNG) terminal in mid‑2026, as part of the launch of the Nador West Med port on the Mediterranean.
With businesses and households still recovering from recent aftershocks of elevated inflation and the removal of fuel subsidies, CPPE argues that full and simultaneous compliance across all sectors of the economy is unlikely.

Eskom says it has kept the national grid running without sustained interruptions for 231 consecutive days, signaling a period of improved stability in a power system.

Libya’s National Oil Corporation (NOC) and its partners achieved approximately 100 million cubic feet per day reduction in gas flaring in 2025.

Africa’s largest economy, South Africa, is recording its lowest petrol and diesel prices in January since 2022. The decline follows a fall in global oil prices and a rebound in the local currency, the rand.

According to Stanbic’s latest PMI survey, nearly 59% of respondents projected sustained improvement in business activity over the next 12 months, supported by plans to boost expansion spending and product exports.

Zambia and Zimbabwe have committed $400 million for the long-delayed Batoka Gorge Hydro Electric Scheme (BGHES), reflecting a push to unlock one of Southern Africa’s largest planned power projects after decades of setbacks.

Aradel Holdings Plc has completed the acquisition of majority stake in ND Western Limited, cementing its position as one of the country’s leading indigenous energy companies.

Nigeria’s state owned oil company, NNPC Limited, plans to revive aging idle oil fields as it seeks to raise about $30 billion in fresh investment and lift crude output by the end of the decade.

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 has maintained a consistent upward trend in monthly earnings, reporting N502 billion ($350 million) in profit for November 2025 as higher crude output and improved remittances boosted government revenues.
The projection follows a sharp moderation in consumer prices in 2025, with headline inflation easing from 24.4% in January to 14.5% in November, reflecting a sharp turnaround from the highs of 2024.

Egypt has signed a preliminary agreement to supply natural gas to Lebanon’s Deir Ammar Power Plant, in a move aimed at easing the country’s chronic electricity shortages.

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.

Zimbabwe had declared plans to invest $450 million to upgrade Hwange Power Station as part of efforts to stabilise electricity supply and reduce prolonged power shortages.