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Tag: fuel
Africa needs to invest $9.3bn to expand oil infrastructure — report
With Africa's aging mid- and downstream oil products supply infrastructure, the countries on the continent must invest a combined $9.3 billion to expand fuel-transportation infrastructure ... Read More
Mali’s Yara Oil in talks with IFC for €20.7m loan
Mali’s leading energy supplier and distributor “Yara Oil” is in advanced talks with the World Bank’s private sector financer, the International Finance Corporation (IFC), for ... Read More
Pandemic aftershocks, Russia’s war in Ukraine dimming prospects for African trade
The effects from the COVID-19 pandemic aftershocks and the Ukrainian crisis have led to rising commodity prices, surging inflation, and shifts in the global financial ... Read More
Severe floods in Nigeria kill more than 600, slow shipments of aid
The heavy flooding in Nigeria, which has covered farms and roads and slowed shipments of food and fuel, has now displaced more than 1 million ... Read More