There is something impressive about a project beginning to exceed the goals it was originally built to meet.

Dangote Refinery has processed more than 700,000 barrels of crude oil per day during a recent test, surpassing its official capacity and marking another milestone for the $20 billion facility.

Not long ago, much of the conversation was about delays and whether the refinery would ever deliver on its promise. Today, the conversation is increasingly about how far it can go from here.

The Dangote Petroleum Refinery achieved a major milestone by processing 700,000 barrels of crude oil per day during a recent performance test. This volume successfully exceeds the $20 billion facility's official nameplate capacity of 650,000 barrels per day.

Owned by Aliko Dangote, the refinery plans to double its processing capacity to 1.4 million barrels per day within the next 30 months.

Exports have climbed sharply, with about half of the shipments going to other African nations, which helps reduce the continent's long-standing dependence on imported fuels. Read more…

Meet Mo Ibrahim, the African billionaire who built Celtel, sold it for $3.4 billion, and helped create a telecom giant later acquired for $10.7 billion

Celtel, founded by Mo Ibrahim, grew from a risky idea into a leading African telecommunications company that facilitated industry transactions worth over $13 billion.

Within five years, Ibrahim raised more than $415 million to expand the mobile operator across 13 African countries, eventually selling it in 2005 for $3.4 billion. Read more…

🇳🇬 After cement and oil, Aliko Dangote takes on another industry Nigeria lost decades ago

Aliko Dangote's automotive venture is actively working to revive local vehicle manufacturing in Nigeria following decades of industrial decline.

His company joined a consortium to acquire control of struggling automaker PAN Nigeria from AMCON. They built a modern Kaduna factory to assemble and market newer models, aiming to cut reliance on imported used cars. Read more…

🌍 Africa’s biggest untapped resource isn’t oil or gold, it’s $469 billion in lost revenue

The African Development Bank states that Africa can unlock an additional $469 billion in annual revenue without raising a single tax rate.

This untapped domestic sum exceeds the continent's estimated $400 billion development financing gap. The bank suggests achieving this by digitizing tax administration, improving efficiency, and strengthening compliance. Read more…

Top 10 African countries most dependent on oil from the Strait of Hormuz

Several African economies are highly vulnerable to global oil market volatility due to their reliance on imports through the Strait of Hormuz. Seychelles ranks as the most exposed with near-total reliance, while Mauritius and Tanzania both show high exposure levels above 50%.

Source: UNCTAD

🇿🇦 Ramaphosa activates global damage control as South Africa's anti-immigrant attacks spark continental backlash

President Cyril Ramaphosa will dispatch envoys globally to contain diplomatic fallout from anti-immigrant violence.

Speaking alongside Kenyan President William Ruto, he urged a coordinated African response to migration. Meanwhile, Malawi and Ghana are evacuating hundreds of citizens.

In Mozambique, authorities reported seven citizen deaths, with hundreds more being repatriated from shelters. Read more…

Africa's second-largest graphite producer tightens control over mineral wealth with 15% state ownership rule

Mozambique has enacted new mining laws requiring a non-dilutable, 15% free-carried state stake in all mining projects via the National Mining Company.

Signed by President Daniel Chapo, the law restricts raw, unprocessed mineral exports to encourage local processing. The rules also mandate that 10% of mining revenues be directed straight into local development funds. Read more…

Out of all 54 African countries in Africa, a 2026 continental index found that only four nations, Morocco, Egypt, South Africa, and Mauritius, are structurally prepared and fully on the right trajectory to sustain large-scale industrial growth?