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There is something almost cinematic about Nigeria’s current energy moment. The country that once queued for imported petrol — a humiliation that played out at filling stations for decades — is now the refinery that keeps European planes in the air. The irony is as rich as the crude oil beneath the Niger Delta. And […]
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It begins before the sun rises. In Nairobi’s Eastleigh neighbourhood, in Lagos along the Apapa corridor, in Accra’s industrial quarter and in Mombasa’s port district, the queues appear in the dark — motorcycles, matatus, lorries, private cars — all waiting for fuel that may or may not arrive, and that, when it does, will cost […]
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Rising oil prices are widening economic divergence across Africa, increasing cost pressures for fuel-importing countries while strengthening fiscal balances in oil exporters such as Nigeria and Angola. Escalating tensions in the Middle East and renewed risks to shipping through the Strait of Hormuz, which carries nearly one-fifth of global crude supply, have tightened energy markets […]
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