Tag: Nigeria
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Why Moneda’s ₦30 Billion Commercial Paper Programme Matters
The approval strengthens Moneda’s funding infrastructure and creates an additional channel through which the company can support productive economic activities across Africa. Moneda Investment Limited has received the approval of the Securities and Exchange Commission, Nigeria, for its ₦30 billion Commercial Paper Programme. The approval establishes a framework through which Moneda may access short-term funding through individual issuances under the programme,…
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Moneda Intelligence Monthly News Wrap Up
June 2026 Energy Algeria Algeria has commenced construction of its 2,310 km section of the 4,128 km Trans-Sahara Gas Pipeline (TSGP). Our Thoughts… This marks the first major construction milestone on one of Africa’s most ambitious cross-border energy infrastructure projects. Estimated to cost between $13 billion and $19.5 billion, the pipeline is designed to transport…
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Moneda Intelligence Monthly News Wrap Up
April 2026 Energy Nigeria 68 years after the commercial production of crude oil started, Nigeria has finally become a net exporter of petrol. What changed, when, and at what scale? March 2026 marked a historic turning point in Nigeria’s petroleum sector, as the country became a net exporter of petrol for the first time since…
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Moneda Intelligence Monthly News Wrap Up
March 2026 Energy The Strait of Hormuz Ripple Effect The Strait of Hormuz, a passage that lies within the territorial waters of Iran and Oman, was at the center of global attention during the month of March. It is one of the world’s most critical energy corridors as it provides passage for about 20% of…
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Moneda Intelligence Monthly News Wrap Up
February 2026 Energy Libya Nearly a year Nearly a year after Libya launched its first licensing round since 2007, offering 22 onshore and offshore blocks and attracting interest from 44 companies and one consortium, only two offshore and three onshore blocks were ultimately awarded in February 2026. What this means… The March 2025 licensing round…
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Moneda Intelligence Monthly News Wrap Up
January 2026 Energy Nigeria Heirs Energies acquired a 20.07% stake in Seplat for $496 million, becoming its largest shareholder, with founder Tony Elumelu joining Seplat’s board as a non-executive director. What this means… Beyond OML 17, the stake in Seplat gives Heirs Energies access to a broader and more diversified portfolio. By leveraging Seplat’s mixed…
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The African Perspective: Post-Harvest Losses
October 2025 Food loss is food removed from the supply chain after harvest but before retail, without being consumed or repurposed for productive uses such as animal feed, seed, or bioenergy. Food loss is categorized into Pre-harvest losses, which occurs on the farm, typically before harvest, and Post-harvest losses, which take place after harvest during…
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Africa’s Gas Non-Investment
January 2025 Africa boasts 800 trillion cubic feet (tcf) of natural gas reserves, attracting $245 billion in planned investments for LNG terminals, gas pipelines, and power stations. However, many of these projects face significant challenges, including inefficiencies, lack of capital, policy gaps, insecurity, and more, putting their realization at risk. Fig. 1 – Gas Investments…
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Production Losses in Nigeria
April, 2022 Nigeria’s oil sector, one of the most critical pillars of its economy, continues to struggle with significant production losses. As Africa’s largest oil producer, Nigeria’s economy is heavily reliant on its hydrocarbons industry, with oil and gas accounting for 65% of government revenue and 88% of foreign exchange earnings. However, production losses continue…
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What’s Next for Africa?
October, 2021 Africa’s oil and gas industry is on the brink of transformative growth, with an estimated $213 billion investment in 40 projects over the next five years. This investment will be funneled towards infrastructure development, increase in production capacity, and improved energy access across the continent. Countries like Nigeria, Angola, Algeria, and Mozambique are…