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Tag: Fuel

World

Kenyan President credits Dangote for ending fuel scarcity in Nigeria

Kenya’s President William Ruto has credited Aliko Dangote with solving a fuel scarcity crisis that Nigeria’s oil wealth failed to prevent for decades, as he rallied support for a planned East African refinery modelled on the Lagos facility. Ruto made the remarks on Wednesday at an infrastructure summit in Nairobi while making the case for […]

Breaking News

Africa Faces 86mn Tonne Fuel Shortfall By 2040 — Report

The Iran war has exposed Africa’s vulnerability to fuel chokepoints and is heading for an 86 million tonne fuel shortfall by 2040, the Africa Finance Corporation (AFC) has said. Africa imports more than 70 percent of its refined fuel and some $230 billion worth of essential goods, including food, plastics, steel, and fertiliser each year, […]

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