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South Africa May Raise Interest Rates as Oil Shock Spikes inflation, Says Bank of America
South Africa May Raise Interest Rates as Oil Shock Spikes inflation, Says Bank of America

South Africa may be heading for another interest rate increase as rising oil prices and renewed inflation risks put pressure on the economy, acc...

3 months ago | Emmanuel Oluwafemi Oniyide
Radda-Led Council Backs Mineral Exploration Drive in Katsina
Radda-Led Council Backs Mineral Exploration Drive in Katsina

The Katsina State Executive Council has approved the procurement of modern equipment for mineral exploration and mining, as part of efforts to b...

3 months ago | Emmanuel Oluwafemi Oniyide
Ghana Sets Deadline For Newmont, AngloGold, Zijin To Shift Mining To Local Firms
Ghana Sets Deadline For Newmont, AngloGold, Zijin To Shift Mining To Local Firms

Ghana's Minerals Commission has given Newmont, AngloGold Ashanti, and Zijin Mining a firm deadline to transition to contract mining, marking a major push b...

3 months ago | Emmanuel Oluwafemi Oniyide
NUPRC Urges Oil Firms to Enforce Standards, Expand Human Capital Development
NUPRC Urges Oil Firms to Enforce Standards, Expand Human Capital Development

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyewa Eyesan, has charged the Independent Petroleum Producers Group...

3 months ago | Emmanuel Oluwafemi Oniyide
Kenya to Reciprocate Museveni's Trust by Investing in Uganda's $4 Billion Refinery
Kenya to Reciprocate Museveni's Trust by Investing in Uganda's $4 Billion Refinery

Kenyan President, William Ruto has pledged significant investment in Uganda's long-planned oil refinery project.Speaking at the Africa We Build Summ...

3 months ago | Emmanuel Oluwafemi Oniyide
Gold Boom Lifts Africa's Reserves to $530 Billion
Gold Boom Lifts Africa's Reserves to $530 Billion

Africa's total central bank reserves rose to $530 billion in 2025, driven by surging gold prices and increased bullion purchases as policymakers across the continent...

3 months ago | Emmanuel Oluwafemi Oniyide
From Fuel Queues to Domestic Refining: President Ruto’s Assessment of Nigeria’s Energy Transition
From Fuel Queues to Domestic Refining: President Ruto’s Assessment of Nigeria’s Energy Tra...

On April 23, 2026, during the Africa We Build Summit in Nairobi, Kenyan President William Ruto delivered a pointed remark about Nigeria's long-standing ene...

3 months ago | Emmanuel Oluwafemi Oniyide
Sierra Leone Secures $225 Million Deal to Boost Offshore Exploration
Sierra Leone Secures $225 Million Deal to Boost Offshore Exploration

Sierra Leone has signed a $225 million offshore petroleum licence agreement with Nigeria-based Marginal Energy Limited, in a move aimed at reviving interest in its la...

3 months ago | Emmanuel Oluwafemi Oniyide
DRC, Zambia Among Countries with Largest Global Copper Deposits
DRC, Zambia Among Countries with Largest Global Copper Deposits

The Democratic Republic of the Congo and Zambia are strengthening Africa’s position on the global copper map, as rising demand for the metal reshapes the minerals eco...

3 months ago | Emmanuel Oluwafemi Oniyide
Nigeria's Unending Energy Paradox – Abundant Minerals, Imported Energy
Nigeria's Unending Energy Paradox – Abundant Minerals, Imported Energy

Nigeria's push toward renewable energy is increasingly defined by a contradiction: vast natural resources on one hand, and heavy dependence on imports on t...

3 months ago | Emmanuel Oluwafemi Oniyide
Africa Needs Double Dangote-scale Refineries for Energy Sufficiency
Africa Needs Double Dangote-scale Refineries for Energy Sufficiency

Africa will need at least two refineries the size of the Dangote facility to meet surging fuel demand, according to the Africa Finance Corporation's State...

3 months ago | Emmanuel Oluwafemi Oniyide
Dangote Vows to Lead New Major Oil Refinery Project in East Africa
Dangote Vows to Lead New Major Oil Refinery Project in East Africa

Africa's richest man, Aliko Dangote, has pledged to support the construction of a new oil refinery in Tanzania, as African leaders move to reduc...

3 months ago | Emmanuel Oluwafemi Oniyide

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