Energy Headlines

Nigeria Agenda 2050: changing playing field of resource sector

The past few days have been full of news for Nigeria’s resources sector: It was announced that Nigeria Agenda 2050 requires approximately $100 billion, with 80% expected from the private sector; Shell is set to divest its Nigerian onshore oil and gas subsidiary for $1.3 billion; and the West African country will see the launch […]

Africa Features Headlines International

Putin’s ‘free fertilizer’ for Africa reveals limits of Russian soft power — study

With Russia now considering a withdrawal from the Black Sea grain deal and with its offer of ‘no-cost delivery’ of grains and fertilizers to ‘friendly’ African countries, Moscow seems to be recalibrating its African strategy, says a recent Geopolitical Handbook titled ‘Putin’s African Dream and The New Dawn’ published by Modern Diplomacy. While Russian president […]

Business Emerging Markets Energy Features Headlines

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 […]

Business Finance

Casablanca, Second African City with Most Billionaires

Morocco’s economic capital, Casablanca, has been ranked second African city to house the largest number of billionaires by Forbes Africa Magazine in its 2017 ranking of African billionaires. The city comes right behind the Kenyan capital Nairobi, which has toppled the South African capital Johannesburg. Casablanca, according to the famous magazine, is home to 5,000 […]

Headlines Morocco

Marrakech to Host “Governance Weekend” in November

Just after the holding of the UN Conference on Climate Change (COP22) slated from November 7 to 18, the city of Marrakesh will host the “Governance Weekend,” considered the largest event on governance, reported huffpostmaghreb. The event is organized by the Mo Ibrahim Foundation, named after the 70-year old Sudanese billionaire and philanthropist who also […]