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Story summary
- Dangote's refinery in Nigeria exports 214,000 barrels of gasoline to six African nations amid Hormuz crisis.
- The Nigerian government suspended gasoline import licenses and expedited permits for idle oil wells.
- African startups raised $700 million in Q1 2026, shifting toward debt financing over equity.
- Somalia launched its first offshore drilling campaign with Turkey, targeting hydrocarbon reserves.
- Zimbabwe and Zambia rejected the United States demands for health data and mineral access.
