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Nigeria commissions Africa’s largest oil refinery in bid to end fuel imports
Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a net exporter of petroleum products, though doubts persist that securing crude supplies could delay achieving full production this year. The new refinery, owned by Africa’s riches man Aliko Dangote, was […]
A perfect storm: debt crisis looms for Ghana, other emerging economies in Africa
Ghana is a classic case of emerging economies in Africa and other parts of the world who have been caught in a perfect storm and are struggling to service their foreign currency denominated loans owing to a strengthening US dollar, rising global interest rates and that is made worse by their excessive borrowing. Ghana is […]
Algeria lacks spare capacity to boost gas exports to Europe
As Europe seeks to wean itself of Russian gas, Algeria has emerged as a potential supplier, but experts consider the country lacking in spare capacity. Algeria is the third largest gas exporter to Europe with 8% of the market share. It has seen its domestic gas consumption rise exponentially leaving it with insignificant extra export […]



