Dangote's Nigerian Oil Plant Secures US Crude for First Time in Three Months

Dangote's Nigerian Oil Plant Secures US Crude for First Time in Three Months
1 month ago

In a significant development for Nigeria's oil market, the Dangote Oil Refinery has made its first purchase of U.S. crude oil in three months, signaling a potential shift in import strategies and highlighting the dynamism of the global oil trade. This procurement marks a pivotal moment for Nigeria, a country richly endowed with natural resources yet often reliant on foreign oil to meet its domestic refining needs.

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Burundi to Revitalize Energy Sector with $1.4 Billion Power Grid Expansion

Burundi to Revitalize Energy Sector with $1.4 Billion Power Grid Expansion
2 months ago

In a significant move to enhance its electricity infrastructure, the government of Burundi has announced a comprehensive plan to expand its power grid starting in 2025. This ambitious project, which involves a substantial investment of approximately $1.4 billion, aims to bolster the nation's capacity to generate and distribute electricity, addressing both supply limitations and accessibility issues faced by the populace.

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