Paul Burkhardt

Mozambique, one of the world’s poorest countries, raised diesel prices by 46% on Thursday as African governments lift regulated rates to catch up with higher global market prices caused by the war in Iran.

A South African vessel headed to a sub-Antarctic island to resupply scientists has been held up by fuel supply disruptions caused by the Iran war.

‘No immediate risk' to Marion Island research station team. A South African vessel headed to a sub-Antarctic island to resupply scientists has been held up by fuel supply disruptions caused by the Iran war.

DP World Ltd. remains “bullish” on its expansion plans in Africa, even as the continent faces inflation from the Iran war caused by surging fuel prices, according to its regional head.

South Africa said it’s evacuating researchers at a sub-Antarctic Marion Island base after the Iran war delayed fuel deliveries needed for the operations.

Billionaire Aliko Dangote’s plan to replicate his Nigerian mega-refinery in East Africa is gaining momentum — he just doesn’t know where to build it yet.

US forces have redirected 100 commercial vessels during its six-week-long blockade of Iran’s ports, Central Command said.

Oil prices fell sharply as U.S. and Iranian officials signaled progress toward a potential agreement to reopen the Strait of Hormuz, easing concerns over global crude and LNG supply disruptions.

Eni SpA will look to accelerate a $4 billion expansion of its offshore joint venture with Vitol Group in the Ivory Coast, Chief Operating Officer Guido Brusco said.

South Africa is poised to delay the retirement of about a fifth of its coal-fired electricity-generation capacity as gas projects earmarked to replace them remain behind schedule, contrasting a decline in use of the dirtiest fossil fuel in other developing nations.