An energy and infrastructure conglomerate, Sahara Group, has said it will invest over $1bn to enhance access to Liquefied Petroleum Gas in Africa and emerging economies in a bid to boost energy transition on the continent. The Executive Director, Sahara Group, Temitope Shonubi, disclosed this at the African Refiners and Distribution Association conference 2021 in

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday lamented that the country spends almost 40 per cent of its scarce foreign exchange (FX) on the importation of petroleum products as well as petrochemicals, which continues to put pressure on the naira exchange rate. Speaking during a media briefing on the sidelines of the

Abidjan hails biggest discovery in two decades but critics raise risks and developed world’s focus on renewables. The Ivorian Society of Refinage in Abidjan. Energy group Eni have discovered up to 2bn barrels of oil off the country’s coast . Ivorians celebrated when Italian energy group Eni revealed that it had discovered up to 2bn