Dangote Refinery secures $1bn backing ahead of IPO
Dangote Petroleum Refinery has secured a $1 billion underwriting programme ahead of a proposed stock-market listing ...
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Tag: Petroleum
Mozambique creates US$50 million facility to safeguard fuel imports
Mozambique has established a US$50 million payment facility designed to help maintain the flow of imported ...
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Dangote Refinery Signals Intent for Johannesburg Listing Following Planned Nigerian IPO
Nigeria’s Dangote Group has expressed a strong intention to pursue a secondary listing of its flagship ...
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Nigerian Crude Oil Exports Set to Rise in September
Nigeria’s crude oil exports are expected to increase significantly in September, with preliminary loading schedules indicating ...
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Nigeria’s Crude Oil Production Reaches Highest Level Since 2020
Nigeria recorded its highest monthly crude oil production in more than six years during June 2026, ...
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Namibia Welcomes Fresh Offshore Oil Discovery as Orange Basin Momentum Continues
Namibia’s state owned energy company, National Petroleum Corporation of Namibia (NAMCOR), has welcomed the announcement of ...
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Botswana in Preliminary Talks Over Stake in Angolan Refinery Project
Botswana has entered early stage discussions with Angola over a potential equity participation in an oil ...
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Namibia’s Offshore Oil Development Project Could Contribute 18% to National GDP at Peak Production
Namibia’s offshore oil initiative, centred on the Venus field in the ultra-deep waters of the Orange ...
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Africa’s petroleum producers back OPEC+ production cut
The African Petroleum Producers' Organization (APPO) announced Thursday it supports the recent decision by the Organisation ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.