When conflict across the Middle East disrupted one of the world’s most critical energy corridors, global fuel buyers scrambled for alternatives.  Few expected Nigeria to emerge at the center of that shift. Yet within weeks, Dangote Petroleum Refinery transformed from…

President William Ruto says Kenya will move ahead with plans to build a major regional oil refinery alongside Nigerian billionaire Aliko Dangote despite mounting resistance from fuel import interests that currently dominate East Africa’s petroleum market. Speaking during the Annual…

Russia is rapidly expanding its military footprint across Africa as the continent now accounts for 30% of orders handled by Rosoboronexport, the country’s state intermediary agency for defense-related exports. The latest figures underline Moscow’s growing strategic focus on Africa at…

South Africa is preparing for what could become its first interest rate increase in three years as policymakers race to contain inflation triggered by surging global oil prices and growing geopolitical instability in the Middle East. The South African Reserve…

South Africa is positioning itself for a powerful surge in private wealth over the next five years, with new projections showing its billionaire population rising by 40 percent by 2031, even as the country continues to navigate weak growth, infrastructure…