Shell

Morocco
US fast-food chains Hardee's and Carl's Jr. hungry for the kingdom's market

The parent company of the two outlets, CKE Restaurants Holdings, is looking to break into Africa for the first time. Discussions with various parties are underway.

Mozambique
TotalEnergies set to change leadership in Maputo

The French major is preparing to overhaul its management team in the country in an effort to improve its chances of persuading the authorities to accept its terms for restarting the Mozambique LNG project.

Morocco
Aziz Akhannouch's group faces new competition in service station sector

By the end of 2025, Circle K had obtained all the necessary approvals to open service stations in Morocco and has since been scouting for suitable sites.

Namibia
Gas monetisation strategy to be drafted by Subsea7 subsidiary

Consulting firm Xodus, a subsidiary of Luxembourg-based multinational Subsea7, has been chosen by state-owned company Namcor to develop its gas strategy. Namibia has been held back in this area for years due to a lack of infrastructure and low domestic demand.

Tunisia
TuNur's grand projects fail to launch

The solar power plant, the mega renewable energy complex, the Tunisia-Italy submarine transmission line... None of the major green energy development projects undertaken by Nur Energie's subsidiary have yet come to fruition.

Nigeria
President Tinubu approves Nigerian National Petroleum Co blocks sale

The head of the national oil company hopes to offer some of his stakes in blocks for sale in the coming weeks. After obtaining presidential approval, he has enlisted a bank to structure the transaction.

South Africa
Gunvor loses pole position in bid to buy Shell service stations

The Anglo-Dutch giant no longer seems keen on selling its South African assets to the Swiss trader, despite the latter's continuining enthusiasm to move forward on the deal.

Nigeria
ENI receives several offers for its SPDC shares

The Italian company was the last major to put its shares in the SPDC joint venture on the market. It has now received several bids. The Renaissance consortium appears to be in a strong position to take over, but its interest is viewed with suspicion in Abuja.

South Africa
The Central Energy Fund publishes misleading annual report

The CEF, the parent company of the heavily indebted PetroSA, posted an unexpected net profit in 2024-2025. Yet this figure masks countless structural difficulties.

Cameroon
Tensions run high between Sinopec and national oil company SNH

The failure of Chinese executives to produce results from mature deposits is putting pressure on the leadership of the state-owned major Sinopec.

Nigeria
Abuja's campaign to promote its new oil block sale

On 11 November, from London, the head of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, announced the opening of the next tender for Nigerian oil blocks starting on 1 December.

The New Guard
Namibia, Nigeria, Madagascar

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NamibiaFanuel Shinedima, young oil sales representative

NigeriaIkechukwu Anoke, health insurance pioneer

MadagascarWilliamson Razafindrano, TIM's new rising star

Namibia
President takes firm grip on oil and gas

Less than a year after coming to power, Netumbo Nandi-Ndaitwah has decided to take the monitoring of hydrocarbon projects under her wing, aided by a few trusted advisers.