Shell invests $510 million to expand stake in Nigeria’s Bonga Oil Field
The acquisition is still subject to standard conditions, including regulatory approvals.
Month: June 2025
Read More
Private developers in the private sector ink funding deal to accelerate rural electrification in Zambia
The success of this effort depends heavily on strong private sector engagement.
AI generates 157 new ideas for clean diesel fuel
Climate challenges are driving more and more attention to alternatives, including synthetic and biological liquid fuels.
Look again at African oil and gas investment
The first step in adding the most value to a resource opportunity is in the early phases of the development lifecycle.
NNPC alleges coordinated sabotage campaign against leadership
These are calculated efforts by those who feel threatened by reform, transparency, accountability, and change.
How African investment leadership can play a key role in a post-aid world
Their contributions are reshaping not only the continent but the very model of global partnership
FG sells ₦219.38 billion worth of crude oil to Dangote in four months
This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in US dollars.
Shell and oil Industry honour Osagie Okunbor as he retires after 39 years of service
Executive Vice President Nigeria, Marno de Jong, will take on the additional responsibilities of Country Chair Nigeria.
Carlyle, Diversified Energy to invest $2 billion in producing U.S. assets
Diversified will serve as the operator and servicer of the newly acquired assets.
Angola joins Africa Finance Corporation as shareholder, strengthening support for Africa-driven development
Angola has deepened its strategic partnership with the institution through a landmark equity investment commitment of US$184.8 million.