New buyers in Africa absorb rerouted oil exports, a market development enabled by low oversight and regulatory arbitrage.
1 report, 1 independent
Updated Jun 18
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What happened
New buyers in Africa absorb rerouted oil exports, a market development enabled by low oversight and regulatory arbitrage.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Global shocks are causing uneven economic impacts across Africa.Also in this story
- High borrowing costs are hindering African airlines' fleet renewal.
- Shared experience of conflict and biodiversity loss in Africa.
- Nigeria is driving the continental blue economy agenda.
- Ruto advocates for Africa's equal economic partnership while Africa seeks partnership with G7 bloc.
The entities involved
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Africa
continent
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Dubai Multi Commodities Centre
free-trade zone in Dubai
Related events
- Kuwait Petroleum Corporation is actively seeking new markets for its oil exports.
- Aliko Dangote is leading a major IPO for his petroleum refinery while expanding exports across the African continent.
- Grain exports are targeting African markets, with cooperation being explored regarding market access and logistics involving Africa, Kazakhstan, and Morocco.
- Aliko Dangote plans a major production expansion in the African market to reduce continent's reliance on imports.
- Global markets are seeing competition for refined petroleum products as Europe and Africa navigate inflationary pressures and growth targets.