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Tag: oil storage Africa

Vivo Energy

Business Hot News

Vivo Energy to invest $130 million in Durban to expand South Africa storage

Vivo Energy’s $130 million Durban project expands fuel storage, enhancing South Africa’s resilience against global supply disruptions.

Timilehin Adejumobi April 15, 2026

Uber, Lucid, PIF invest $750 million to scale robotaxis and EV tech

Business Technology

PIF, Uber invest $750 million in Lucid as robotaxi push gains traction

Saudi Arabia’s push to invest beyond oil is intersecting with Silicon Valley’s race to develop self-driving transport, as Uber Technologies Inc., Lucid Group Inc. and an affiliate of the Public Investment Fund deepen a partnership backed by a combined $750 million commitment. The agreement reflects a broader shift in the electric vehicle and autonomous driving space, where funding is increasingly…

Oluwatosin Alao April 15, 2026

Lobito Refinery

Business Hot News

Angola’s Sonangol says Botswana has not sought stake in $6.6 billion Lobito refinery deal

Sonangol says Botswana has not formally sought a stake in the $6.6bn Lobito refinery as Angola works to close the funding gap.

Timilehin Adejumobi April 15, 2026

AFC Côte d’Ivoire’s first project finance

Business Hot News

AFC disburses $50.6 million in Côte d’Ivoire’s first project finance green bond

Africa Finance Corporation disburses $50.6 million under Côte d’Ivoire’s first project finance green bond to fund a 66MW solar plant in Korhogo.

Timilehin Adejumobi April 15, 2026

Business Hot News

Africa Bitcoin Corporation restructures Bambanani amid rising losses

Africa Bitcoin Corporation is restructuring Bambanani Family Group amid widening losses, closing Melville and pivoting to digital food sales.

Feyisayo Ajayi April 15, 2026

Vivo Energy

Business Hot News

Vivo Energy to invest $130 million in Durban to expand South Africa storage

Vivo Energy’s $130 million Durban project expands fuel storage, enhancing South Africa’s resilience against global supply disruptions.

Timilehin Adejumobi April 15, 2026

Uber, Lucid, PIF invest $750 million to scale robotaxis and EV tech

Business Technology

PIF, Uber invest $750 million in Lucid as robotaxi push gains traction

Oluwatosin Alao April 15, 2026

Lobito Refinery

Business Hot News

Angola’s Sonangol says Botswana has not sought stake in $6.6 billion Lobito refinery deal

Timilehin Adejumobi April 15, 2026

AFC Côte d’Ivoire’s first project finance

Business Hot News

AFC disburses $50.6 million in Côte d’Ivoire’s first project finance green bond

Timilehin Adejumobi April 15, 2026

Uber, Lucid, PIF invest $750 million to scale robotaxis and EV tech

Business Technology

PIF, Uber invest $750 million in Lucid as robotaxi push gains traction

Oluwatosin Alao April 15, 2026

Lobito Refinery

Business Hot News

Angola’s Sonangol says Botswana has not sought stake in $6.6 billion Lobito refinery deal

Timilehin Adejumobi April 15, 2026

AFC Côte d’Ivoire’s first project finance

Business Hot News

AFC disburses $50.6 million in Côte d’Ivoire’s first project finance green bond

Timilehin Adejumobi April 15, 2026

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Shore.Africa is a digital news platform focused on Africa’s leading luxury destinations, companies, business leaders and public figures. It operates under Travel Shore, a Lagos-based media and public relations company.

Our Team

Feyisayo Ajayi 1356 Articles

Feyisayo Ajayi is the Head of Digital strategy and growth, Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.

Digital strategy and growth,

Omokolade Ajayi 328 Articles

Timilehin Adejumobi 822 Articles

Oluwatosin Alao 299 Articles

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