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Top stories

South Africa’s state-backed utility firm, Eskom, has revealed that it has gone 476 consecutive days without load shedding after fully meeting electricity demand throughout the 2026 winter period.

Aliko Dangote has confirmed that construction of his planned Lamu oil refinery in Kenya will break ground on September 30, 2026.

The initial public offering of Nigeria’s Dangote refinery, the largest on the continent, will open within the next 10 to 12 days, owner Aliko Dangote said Thursday.

South African motorists will face higher fuel costs from Wednesday, September 2, 2026, following the latest monthly adjustment announced by the Minister of Mineral and Petroleum Resources.

South Africa’s state-owned power utility Eskom more than doubled its profit in the year ended March as improved generation performance helped end power cuts and reduce operating cost.

Eskom has revealed that seven of South Africa’s provinces are now completely free of load reduction, with the Eastern Cape becoming the latest province to be cleared of the measure.

Italian energy giant Eni is ramping up investment in Egypt, unveiling plans to drill 30 exploration wells and 200 development wells as it deepens its role in the country’s oil and gas sector.

Dangote Petroleum Refinery and Petrochemicals FZE has raised the gantry price of petrol from N1,185 to N1,200 per litre, effective August 26, 2026.

Nigeria moved closer to a final investment decision on its Bonga Southwest/Aparo deepwater project after the Nigerian National Petroleum Company (NNPC) Limited and its partners signed new contractual agreements this week.

Nigeria is launching an asset managing firm for its solar projects this August. The goal is to fix maintenance gaps and unlock long-term financing for renewable energy projects.

Kenya generates 93% of its electricity from renewables, yet businesses pay up to six times more than African peers. The problem isn’t how power is made, but how it reaches consumers.

Nigeria’s political opposition has vowed to revive Nigeria’s fuel subsidy in a new form. The presidency warns of old fiscal nightmares. Ahead of 2027, petrol prices are once again deciding Nigerian politics.

Ethiopia is among East African countries that have expressed interest in taking an equity stake in a planned multibillion-dollar oil refinery in Kenya being developed by Nigerian billionaire Aliko Dangote.

Tony Elumelu says his company now recovers 98% of the oil it produces from its facilities, crediting the improvement to security gains made under President Bola Tinubu’s administration.

Seplat Energy is studying whether to deploy a floating liquefied natural gas vessel on a major Nigerian oil and gas field it acquired from ExxonMobil in 2024.

Nigeria has warned 31 companies that won 37 oil and gas blocks in the country’s 2025 Licensing Round to pay their signature bonuses within the stipulated period or risk losing their provisional awards.

Africa’s proposed Nigeria to Morocco gas pipeline promises to reshape regional trade and energy security, but its success hinges on financing, political alignment across a dozen countries, and infrastructure that has yet to be built.

Dangote Refinery has secured $1 billion in underwriting commitments ahead of a planned IPO on the Nigerian Exchange, in what could be Africa’s most significant downstream energy listing.

Algeria’s Sonatrach is moving into Niger’s Jet A1 fuel market, setting up direct competition with Dangote Refinery and signaling a shift in West Africa’s aviation fuel supply landscape as regional players challenge Nigeria’s growing dominance.