Refining Push: Aliko Dangote secured $2.5bn in private funding to expand the Dangote Petroleum Refinery and Petrochemicals, targeting capacity growth from 650,000 bpd to 1.4m bpd by 2028 ahead of an IPO. Red Sea Risk: Yemen’s Houthis are weighing fees for ships transiting the Bab el-Mandeb Strait, adding pressure to already strained energy routes after attacks and a Saudi oil corridor squeeze. Gas Pipeline Finance: Morocco is seeking U.S. Exim Bank and World Bank backing for a proposed $26bn Africa-Atlantic Gas Pipeline linking West African gas to Europe, with ECOWAS backing and Middle East disruption cited as a driver. Nigeria Upstream Shake-up: Heirs Energies and NNPC’s unit lost out in Nigeria’s latest oil block auction as smaller bidders won; 13 blocks drew no bids and return to the licensing basket. Power Reliability Shock: Ghana suffered a major grid fault, triggering outages across Accra, Kumasi and parts of the north while GRIDCo investigates. Energy Reform Angle (SA): South Africa’s advisory push argues electricity reform, industrial policy and investment should move together to strengthen energy security and competitiveness. Battery/Industrial Tech: Nano One and Worley Chemetics completed a One-Pot LFP cathode package aimed at commercial marketing in H1 2026.