Tracking African financial markets, commodity flows, and investment signals — every week.

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OIL & GAS

Aerial view of Victoria Island, Lagos, with boats on the lagoon and a bridge
Commodities

Nigeria Domestic Crude Supply: Local Refineries Got 127 Million Barrels in Nine Months, NUPRC Says

Nigeria domestic crude supply topped 127m barrels in January–September 2026, NUPRC said, as output hit 1.717m bpd and a crude swap plan went to consultation.

4 min read

An oil pump jack silhouetted against a hazy orange sunset
Commodities

Brent Crude Tops $116, a Six-Month High: What It Means for Nigeria, Angola, Kenya and Africa's Oil Importers

Brent crude topped $116 a barrel on 23 October after Houthi attacks on Saudi Arabia. What the six-month high means for African exporters, importers and FX.

3 min read

Fuel storage tanks at an industrial harbour under a stormy sky
African Equities

Kenya Pipeline Company: Dangote Buys 25% Stake for $327 Million in NSE Block Trade

Aliko Dangote has bought 25% of Kenya Pipeline Company for about $327m in an NSE block trade, months after KPC's IPO. The price, the asset and the risks.

4 min read

An oil derrick silhouetted against an orange sunset sky, beside a rising candlestick price chart.
Commodities

Brent at $110: Which African Economies Gain and Which Lose

Brent at $110 splits Africa in two. Nigeria and Angola gain export revenue while Kenya, Ghana and South Africa face higher fuel bills and inflation.

4 min read

An industrial oil refinery's pipework and storage tanks are silhouetted against a moody navy sky at dusk, with a faint, mostly flat line graph overlaid.
African Equities

PetroSA Faces Liquidation Threat Over R600m Unpaid Fuel Debt

PetroSA faces a liquidation bid from supplier Nako Energy over a R605m unpaid fuel debt, spotlighting SA's refining sector strain.

4 min read

An offshore oil production vessel sits on calm ocean water at golden hour, with a faint upward-trending investment graph overlaid on the sky.
Commodities

TotalEnergies Commits $10 Billion to Angola as It Bets on Deepwater

TotalEnergies has pledged $10 billion for Angola oil projects over five years — a major signal of confidence in African upstream energy.

5 min read

An African business executive stands before a stock exchange ticker board displaying an upward market trend, with oil refinery towers silhouetted at sunset in the background.
Macro & Economy

Dangote Refinery IPO: Africa's Biggest Share Sale Opens on the NGX

The Dangote Refinery IPO has opened on the NGX in Africa's biggest-ever share sale — here's what the $49bn listing means for investors. Image ALT text: An African business executive stands before a stock exchange ticker board displaying an upward market trend, with oil refinery towers silhouetted at sunset in the background. Caption: Dangote Petroleum Refinery's N2.15 trillion share offer opened o

7 min read