Dangote Refinery ramps up to 700,000 barrels per day, strengthening Africa's energy landscape

Author: dailypost.ngPublished on: June 4, 2026Country: Nigeria

Business & Economy

Dangote Refinery ramps up to 700,000 barrels per day, strengthening Africa's energy landscape

The Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day. This expansion strengthens Africa's energy landscape by boosting refined product output on the continent.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Consolidated Bank boss on his C-suite entry from academia, politics

Business & EconomyKenya

George Ngigi•3m ago

Consolidated Bank boss on his C-suite entry from academia, politics

Dr Dominic Murage, acting CEO of government-owned Consolidated Bank of Kenya, discusses his transition from academia to leading the bank. He emphasizes that leadership skills matter more than technical expertise and recounts how he aggressively pushed the Treasury for capital injection. The bank returned to profitability after a boardroom spat that ousted the CEO and some directors. Murage highlights his background as an accountant, tax practitioner, and banking consultant.

Investor boost as Two Rivers to buy exits from real estate fund

Business & EconomyKenya

Julians Amboko•3m ago

Investor boost as Two Rivers to buy exits from real estate fund

Two Rivers International Financial and Innovation Centre (Trific) and Nabo Capital have set up a Sh517.8 million liquidity fund to buy out investors seeking to exit the Sh4.8 billion dollar-denominated Income Real Estate Investment Trust (I-Reit). The fund acts as a market maker to mitigate illiquidity risks, according to Centum Investments CEO James Mworia, whose firm is Trific's parent. This is Kenya's second US dollar-denominated I-Reit, following Africa Logistics Properties' raise.

Cheikh Diba takes office as Minister of Economy, Finance and Plan

PoliticsBusiness & EconomySenegal

senenews.com•1h ago

Cheikh Diba takes office as Minister of Economy, Finance and Plan

Cheikh Diba officially took office on Thursday, June 4, 2026 as Minister of Economy, Finance and Plan, following the merger of the ministries of Economy and Plan, and Finance and Budget. He succeeds Abdourahmane Sarr, who presented a record focused on economic sovereignty. The handover took place in a relaxed atmosphere at the Ministry of Economy, Planning and Cooperation.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more