Dangote Plans $10bn Power Investment to Tackle Africa’s Electricity Crisis Africa’s richest man, Aliko Dangote, has disclosed plans by his conglomerate to invest more than $10bn in the power sector to address electricity shortages and support industrialisation across Africa. Dangote made the disclosure in an interview with Al Jazeera, where he identified inconsistent government policies…
FG Approves Modernisation of Four Ports to Ease Lagos Cargo Congestion The Federal Government has approved the comprehensive modernisation and upgrade of the Onne, Rivers, Delta and Calabar ports as part of efforts to expand Nigeria’s maritime infrastucture and reduce the concentration of cargo traffic in Lagos. The Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this in a statement posted on his official X handle, recently. Oyetola said the approval builds on the earlier approval for the modernisation and upgrade of Apapa and Tin Can Island ports in Lagos, describing the initiative as part of efforts to establish a balanced and globally competitive port system. He said the programme aligns with President Bola Tinubu’s Renewed Hope Agenda, particularly its…
NAPE Set to Bring Together Industry Leaders, Investors and Technology Experts at its 44th Annual International Conference and Exhibition The Nigerian Association of Petroleum Explorationists (NAPE) has announced plans for its 44th Annual International Conference and Exhibition, focusing on boosting Nigeria’s hydrocarbon reserves through exploration, indigenous capabilities and adaptive technologies. The event will be held…
Asiko Completes 5,000-Tonne LPG, Propane Terminal in Lagos Asiko Energy Holdings Limited has completed its LPG and propane terminal in Ijora, Lagos, a project supported by the Midstream and Downstream Gas Infrastructure Fund (MDGIF), as stakeholders renewed calls for increased investment in Nigeria’s gas infrastructure. The terminal, with a capacity of about 5,000 metric tonnes,…
Licensing Round Renaissance: How Africa’s New Acreage Push is Reshaping the Upstream Landscape Africa’s oil and gas industry is undergoing a quiet but significant transformation. After years of subdued exploration activity, regulatory uncertainty and declining investment, governments across the continent are reopening their doors to explorers through an unprecedented wave of licensing rounds aimed at…
Exclusive Interview: Renaissance Africa Energy CEO Tony Attah on Indigenous Leadership, Energy Security, and Nigeria’s Industrial Future Introduction Nigeria’s upstream sector is entering a defining phase as indigenous operators assume greater responsibility for sustaining production, expanding domestic gas supply, and attracting fresh investment following the divestment of international oil companies’ onshore assets. At the forefront…
Industry Event News: Acme Multitech Secures Global Business Leads, Strategic Partnerships at Canada Energy Show The Managing Director of Acme Multitech Services Limited, Jumoke Oyedun, has said the company’s participation at the 2026 Global Energy Show (GES) in Calgary, Canada, has yielded significant business opportunities, strategic partnerships and increased international visibility. Speaking after the event,…
Nigeria’s Midstream and Downstream Sectors Emerge as New Growth Frontier By: Ikenna Omeje Nigeria’s oil and gas industry is undergoing one of its most consequential transitions in decades, as reforms, local refining expansion, gas commercialisation, and rising indigenous participation reshape the country’s midstream and downstream petroleum landscape. For years, Africa’s largest crude oil producer operated…
Nigeria’s 215 TCF Gas Reserves Position It at Energy Ambitions …Indigenous Producers, Local Service Providers Strengthen Upstream Performance” Nigeria’s gas sector is entering a decisive phase of expansion, with proven reserves rising to 215.19 trillion cubic feet (tcf) as of January 1, 2026, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The latest figures…
Global War, Oil Shock and a Continental Awakening: Why Africa Must Seize Its Energy Sovereignty Moment The unfolding conflict involving the United States, Israel and Iran is not just another geopolitical flashpoint—it is a defining rupture in the global energy system, with far-reaching implications that stretch well beyond the Middle East. What began on February…