Glencore officials delivers cash in private jets to officials across Africa, UK prosecutors said as they laid out a web of bribery and corruption orchestrated by the London oil trading …
GLENCORE
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BusinessSouthern Africa
Glencore faces lawsuit from investment and pension funds in UK after pleading guilty to bribery charges
Glencore faces a raft of class-action style lawsuits from investment and pension funds in the UK, months after the mining giant pleaded guilty to market manipulation and bribery. Mubadala Investment …
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BusinessEnergyGlobal NewsSouth AfricaSouthern Africa
Glencore strikes one of Japan’s most expensive ever cool deals
Glencore Plc, the mining and commodity trading giant, agreed to supply coal to a Japanese customer at one of the highest prices ever paid by the nation, threatening to further …
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Glencore Plc is expanding a coal mine that scientists have estimated leaks so much planet-wrecking methane each year it has the same warming impact as the annual emissions from millions of cars. New …
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Crossboundary, (CBEA) a Kenya-based Energy Access has raised $25 million to finance solar-powered minigrids across Africa. The funding was raised from ARCH Emerging Markets Partners limited, Bank of America, and Microsoft Climate …
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Glencore Plc’s first half-profit from trading commodities will be bigger than it typically reports for an entire year, putting it on course for a record 2022 as the resources giant …
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Glencore Plc the largest globally diversified natural resource companies is getting rich on coal. The company is on course for another year of bumper profits, its shares just hit a …
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Banking, Finance & InvestmentWestern Africa
Switzerland Firms involved in massive bribery of NNPC, officials pleads guilty
Glencore International A.G. and Glencore Ltd., both multi-national commodity trading and mining Switzerland Firms involved in massive bribery of officials of Nigeria’s state-owned oil company are reportedly pleading guilty and agreed …