business

Dangote Moves to Build East Africa’s First Mega Oil Refinery in Tanzania

Aliko Dangote speaks during a regional infrastructure meeting as East African leaders discuss plans for a major oil refinery in Tanga.

Africa’s richest businessman signals readiness to back a major oil refinery in Tanzania, as regional leaders push for energy independence and reduced reliance on imports.

ByJosephs Quartzy
OnApril 24, 2026

Libya: Licensing Awards Signal “Unprecedented Confidence” in Oil

Masoud Suleiman Musa, acting chairman of Libya's National Oil Corporation, speaks during a news conference announcing grants of oil exploration and production licenses, in Tripoli, Libya, February 11 | Mahmud Turkia/AFP

Despite political risks, major international energy firms have signed new licensing deals for oil exploration in Libya for 2026. Experts say the move shows a global shift toward risk-tolerant investing in North Africa’s massive reserves.

ByNyambita Magoma
OnFebruary 12, 2026

Submit an Article to Swahili Today

Full Name

First

Last

Email Address

We'll only use this to contact you regarding your submission.

Article Title

Dangote Moves to Build East Africa’s First Mega Oil Refinery in Tanzania

Libya: Licensing Awards Signal “Unprecedented Confidence” in Oil

Trending now