Oil tycoon Samuel Dossou-Aworet's Seplat stake has surged to $670 million and keeps climbing
Samuel Dossou-Aworet's 13.5% stake in Seplat Energy through Petrolin Group is now worth $670 million, up $300 million since the start of 2026.
African Energy
Ethelbert Cooper, the Liberian who built a $3 billion African oil empire, is dead at 73
Ethelbert Cooper, the Liberian entrepreneur who co-founded Afren plc and spent four decades shaping Africa's natural resources sector, died on May 23, 2026.
Africa's richest man's refinery ramps up to 700,000 barrels a day
Dangote Petroleum Refinery has exceeded its nameplate capacity for the first time, processing 700,000 barrels per day in an official test by its process licensors.