Day: May 31, 2026

How Dangote plans to transform Nigeria from an oil exporter into a global fuel powerhouse

For decades, Nigeria exported crude oil, imported fuel and watched global refining hubs capture much of the value in between. Now, Africa’s richest industrialist wants to change that. Dangote Refinery plans to expand its crude processing flexibility from about 40 grades to as many as 130. The move forms part of a broader strategy to transform the Lagos facility into a global refining, trading and export hub. The refinery is preparing to more than double capacity to 1.4 million barrels per day while increasing imports of crude from international markets.…

Meet Africa’s Creative Trailblazers

Pitcher Awards Announces 2026 Winners, Marking a Landmark Year for Pan‑African Creativity Mozambique Makes a Big Debut with 1 Grand Prix and 4 Gold Wins The Pitcher Awards, the pan‑African benchmark for creative excellence, has announced the winners of its 2026 edition, celebrating groundbreaking work from across the continent and beyond,an official statement issued in Lagos,Saturday disclosed. This year,the statement noted,marks a historic milestone as the festival welcomed entries from Mozambique and the United States of America for the very first time, underscoring its expanding global reach and commitment to celebrating creativity without…

Building Powerful Nations…Industrial Ownership Matters in Africa, Not Just Jobs!!!

By Dr. Benjamin Acheampong Group President/CVO, Wealth Masters Group,UK. Introduction For decades, many African economies have largely focused on producing employees rather than industrial owners, innovators, and enterprise builders. While jobs are important for economic survival, no nation rises to sustainable prosperity merely by creating workers. Nations become powerful when their people own industries, control production systems, build institutions, and create value at scale. Africa is richly blessed with natural resources, youthful talent, creativity, and market potential. Yet much of the continent remains economically vulnerable because ownership of strategic sectors…