Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by 38 percent, even as global FDI rebounded by 14 percent, according to preliminary estimates by the United Nations Conference on Trade and Development (UNCTAD).

Nigeria Not Among Africa's Fastest-Growing Economies - IMF   The International Monetary Fund (IMF) has revealed that Nigeria is not among Africa’s fastest-growing economies, as countries such as Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda continue to lead the continent’s growth trajectory in the world. The...

Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil Outlook.

NUPRC Aims to Capture 40% of Africa's Oil Investments   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is taking bold steps to reclaim the country’s dominant position in Africa’s oil and gas investment space after its share of sub-Saharan Africa’s upstream inflows plunged from...

Cardoso: Placing Nigeria at the Heart of Africa’s Financial Future, by Zekeri Idakwo Laruba ‎ ‎It is often said that “if you want to go fast, go alone, but if you want to go far, go together.” This African proverb found new relevance when the Governor...

$600bn Needed Annually for Africa's Energy Development - NUPRC    The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, has said that Africa will require more than $600bn annually in upstream oil and gas investment to meet its fast-growing energy demands. He...