Blog
HOW OIL PRICES RALLY BOOSTS CBN’S PUSH FOR HIGHER RESERVES, STABLE NAIRA.
The Central Bank of Nigeria (CBN) has ramped up efforts to strengthen foreign reserves, stabilize the naira, and boost dollar liquidity amid the ongoing rally in oil prices driven by heightened tensions between Israel and Iran.
- 6 days, 4 hours
NIGERIAN OIL MAGNATE ALIKO DANGOTE LEADS AS AFRICA’S ELITE HIT RECORD-BUSTING $105 BILLION FORTUNE.
Africa's 22 billionaires saw their combined fortunes surge to a record $105 billion (R1.9 trillion) this year, up from $82.4bn held by 20 individuals last year, the Forbes 2025 Africa billionaires report showed.
- 1 week
ADNOC DRILLING’S RISE IN PIONEERING ENERGY INNOVATION IN THE GCC.
ADNOC Drilling is transforming into a technology-driven energy services leader, leveraging long-term contracts and AI innovation to deliver stable returns.
- 1 week
UGANDA, TANZANIA, ZANZIBAR PARTNER TO PROMOTE OIL AND GAS SECTOR’S GROWTH.
Ms Biribonwa said the MoU will help formalise collaboration in specific priority areas, including health, safety and environment, cost management and monitoring, national content promotion, and capacity building.
- 1 week
KENYA BLOCKS ENTRY OF TANZANIAN BILLIONAIRE'S COOKING GAS OVER SAFETY STANDARDS: "UNFIT FOR USE.
Kenya blocked Lake Oil Ltd’s gas consignment due to missing odorant, declaring it unfits for use. The company has complied with KEBS’ demands and awaits final testing before market approval.
- 1 week, 1 day
SLOVAKIA THREATENS TO BLOCK NEW EU SANCTIONS WITHOUT ENERGY SECURITY GUARANTEES
As the EU pushes ahead with its toughest sanctions yet against Russia, deep cracks are emerging within the bloc, with Slovakia vowing to block the 18th sanctions package unless urgent energy guarantees are put in place. Prime Minister Robert Fico’s warning exposes the raw tension between geopolitical ambition and economic survival, as smaller, energy-dependent nations like Slovakia and Hungary resist what they see as reckless policy moves that could cripple their economies. The European Commission’s bid to cut Moscow’s revenue streams through financial sanctions, trade restrictions, and a proposed drop in the G7 oil price cap aims to pressure the Kremlin’s war machine. But with no clear alternatives to Russian gas, oil, and nuclear fuel, countries on the economic frontlines fear industrial disruption, business losses, and a blow to their energy security. As European unity is put to the test, the clash between political ideals and economic pragmatism could shape the future of both the EU’s foreign policy and internal cohesion.
- 2 weeks
Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.