AGP Executive Report
Last update: 12 minutes agoRegional Oil Infrastructure: Aliko Dangote has bought a 25% stake in Kenya Pipeline Company for about $327 million, strengthening his distribution presence as he advances plans for a major refinery in Lamu. South Africa: Temporary fuel-levy cuts will lower petrol charges by R1.50 a litre and diesel by R3 from 4 November, with smaller cuts continuing into January as oil-supply disruption pushes up costs. Nigeria’s Gas Push: Four gas projects have reached final investment decisions in under two years, while daily output has risen from about 7 billion to 8 billion cubic feet, officials say. Clean Power: An EBRD-led financing package backs a 1.2GW Egyptian solar project paired with 600MWh of battery storage. Zambia, meanwhile, has surpassed 1GW of solar capacity. East Africa Production: Uganda says commercial oil production is expected in June 2027, while Kenya is targeting Turkana oil exports from December.
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