Uganda’s long-awaited journey to become a crude oil exporter is now on a fast track, as the East African Crude Oil Pipeline (EACOP) enters its final year of construction. The …
Eastern AfricaEconomyEnergyInfrastructureINVESTMENTOil & Gas
Morocco is preparing to boost its wheat imports and storage reserves in the coming months as global prices for grains, especially soft wheat, continue to decline. This move is aimed …
- DevelopmentEconomyEnergyFinance & ServicesInternational Relations
China, Egypt Deepen BRICS Ties with New Trade and Financial Agreements
As China and Egypt, now fellow BRICS members, prepare to celebrate 70 years of diplomatic relations in 2026, both countries are strengthening their economic and political cooperation through major agreements …
- AfricaEnergyInfrastructureINVESTMENTOil & Gas
OPEC Demands $14.9tn Upstream Oil Investment to Meet Global Demand by 2050
The Organisation of the Petroleum Exporting Countries (OPEC) has raised an alarm over the need for serious and continuous investment in the global oil and gas sector, especially in upstream …
Nigeria’s former President, Muhammadu Buhari, is dead. He passed away at the age of 82 in a clinic in London, United Kingdom, where he had been receiving medical care since …
- AFRICA NEWSBanking, Finance & InvestmentEconomyGhana
Standard Chartered Ghana Declares GH¢227.94m Dividend Amid Focus on Long-Term Growth
Standard Chartered Bank Ghana PLC has declared a total dividend payout of GH¢227.94 million to its shareholders, following the release of its financial report for the year ended December 31, …
- AgricultureDevelopmentEconomyGOVERNMENTInfrastructureINVESTMENT
MiDA Partners IFC to Attract Big Investment into Ghana’s Agric Sector
The Millennium Development Authority (MiDA) is working closely with the International Finance Corporation (IFC) to attract massive investment into Ghana’s agricultural sector. This collaboration is expected to boost agribusiness development …
- Banking, Finance & InvestmentDevelopmentEconomyGOVERNMENTInfrastructure
Libya’s Central Bank Urges Banks to Support Revival of Abandoned Housing Projects
The Central Bank of Libya (CBL) has made a strong appeal to the country’s banks and financial institutions to take the lead in reviving long-abandoned housing projects and supporting urban …
- Business and EconomyFinance & ServicesGOVERNMENT
Kenya’s Dollar Reserves Hit $11.2bn as Shilling Holds Strong
Kenyan traders and importers have every reason to breathe a sigh of relief, as the Central Bank of Kenya (CBK) has confirmed that the country’s US dollar reserves are strong …
- BusinessEconomyGOVERNMENTManufacturingTrade and Commerce
South Africa Risks $2.3bn Loss as US Tariffs Threaten Key Exports
South Africa is staring at a potential economic setback as new United States tariffs could see exports to the US fall by as much as $2.3 billion annually. This is …