News

Libya signed a deal with TPAO to restart offshore exploration across four maritime zones The NOC is marketing 22 blocks and shifting to more flexible contracts to attract investors Goal is to boost ...
External debt hits 70.63 trillion naira ($45.97 billion), up from $42.11 billion Domestic debt also increases as government faces growing budget pressures Parliament reviews new $24.14 billion loan ...
Emmerson devalues Khemisset potash project by $21.1 million due to legal dispute • Environmental permit rejected twice over water use concerns amid severe drought • The project’s future remains ...
Hydropower supplies 20% of Africa's electricity but faces climate-related pressures • Solar energy is growing fast, with capacity expected to double by 2028 • Combining both technologies offers a ...
Africa has $4 trillion in unexploited resources to finance its own development • Lack of structured, safe channels keeps these funds from productive sectors • Private sector projects seen as key to ...
Mali plans to increase its total cotton cultivation area to 672,000 hectares in the 2025/2026 season, marking a 7.8% or 50,000-hectare increase from the previous area. • Along with this expansion, the ...
Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société Générale Burkina Faso (SGBF). •The move is part of Vista Group's pan-African expansion strategy and ...
Tanzania Railways Corporation inaugurated freight service on the Standard Gauge Railway (SGR) between Dar es Salaam and Dodoma. • The SGR is part of a $6 billion strategy to turn Tanzania into East ...
• Gabon signs two major financing agreements with Afreximbank totaling over $3.2 billion. • Projects target mining sector transformation, expanded energy capacity, and improved transport ...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful historical kingdoms: the Kingdom of Axum.
Marcellin Paluku, Deputy Chief of Staff at the Ministry of Mines, highlighted that 80% of Congolese mines currently operate in partnership with Chinese firms—a concentration he considers a “risk” for ...
Nigeria’s decision to slash the approval timeline for oil exploration and production contracts from three years to just six months has reignited investor enthusiasm for its oil sector. This bold ...