Nigerian billionaire Aliko Dangote is considering a shift for his proposed multi-billion dollar oil refinery project, potentially moving it from Tanzania to Mombasa, Kenya.

• The estimated cost of the refinery is between $15 billion and $17 billion.
• The key figure is Aliko Dangote, with a potential decision to be made after discussions with President William Ruto.
• Mombasa is favored due to its deeper port, existing infrastructure, and larger regional fuel market, potentially reducing East Africa's reliance on imported refined fuels.

Kenya and France have signed 11 agreements to boost cooperation in key sectors including transport, energy, and the digital economy. The deals were finalized at State House Nairobi following discussions between President William Ruto and President Emmanuel Macron.

• A significant agreement includes a Sh12.5 billion project for the rehabilitation and modernization of the Nairobi Commuter Rail.
• Key figures involved include President William Ruto and President Emmanuel Macron.
• Other agreements cover digital transformation, cybersecurity, and a joint venture for port infrastructure development estimated at around Sh104 billion.

Oil prices surged in Asian trading after President Donald Trump rejected Iran's proposal to end the ongoing war, deeming it "TOTALLY UNACCEPTABLE."

• International benchmark Brent crude rose 4.1% to $105.50 a barrel.
• Key figures include President Donald Trump and Iran's semi-official Tasnim news agency.
• The Strait of Hormuz, a critical global oil and gas transit point, has been effectively shut since the war began on February 28.