Africa

The Dangote Group has signed a $400 million equipment supply agreement with XCMG Construction Machinery Company Limited to speed up the expansion of the Dangote Petroleum Refinery & Petrochemicals.The partnership will support the refinery’s planned scale-up from 650,000 barrels...

Chairman of Heirs Holdings, Tony Elumelu, has urged African governments to deepen collaboration with the private sector to revitalise rural economies and accelerate agribusiness growth across the continent.Elumelu made the appeal at the 49th Governing Council meeting of the...

Africa forfeits about $15 billion every year by exporting most of its crude oil and natural gas instead of refining and processing them locally, the African Petroleum Producers Organisation (APPO) has said. APPO Secretary-General Farid Ghazali disclosed this at the...