News

Ruslan Obiang Nsue, son of President Teodoro Obiang, jailed for illegal aircraft sale. • Sentence may be suspended if he repays CFA144.2m ($255,000) plus fines and damages. • Case comes as national ...
Egypt brings Zohr-6 well online, adding 65 million cubic feet/day to national gas output. The move aims to offset decline in Zohr field, which saw production drop from 2.7 bcf/day to 1.9 bcf/day.
Ghana signs $5 billion agreement with Qatar’s Al Jedad Holdings for a fertilizer plant. • Project to be built in Atuabo Petroleum Hub with Granum Limited, creating 2,000 jobs. • The plant will reduce ...
Egypt signs $220 million deal with investors from UAE, Bahrain, and China. Project will build solar cells, panels, and a storage plant on 200,000 m² in three years. Atom Solar Egypt to create 841 jobs ...
Burkina Faso and the UN seek to reopen dialog after a high-level meeting in Ouagadougou. • Talks follow the expulsion of the UN resident coordinator over a disputed report on child soldiers. • UN aid ...
Egypt brings Zohr-6 well online, adding 65 million cubic feet/day to national gas output. The move aims to offset decline in Zohr field, which saw production drop from 2.7 bcf/day to 1.9 bcf/day.
Cameroon Telecommunications (Camtel) uses only 16% of its four submarine cable capacities. A Supreme Court report highlights underutilization, citing low internet penetration and high transit costs.
Nigeria bans raw shea nut exports for six months Policy aims to boost local processing, $300M annual revenue Joins West African trend reshaping global shea butter market Nigeria has banned the export ...
Qatari conglomerate Al Mansour Holdings signs $20 billion deal with Mozambique. Investments to target energy, agriculture, infrastructure, and tourism. Move follows $12 billion commitment in Botswana ...
Angola’s Etu Energias boosts reserves to 106M barrels in 2024 New projects, higher stakes drive production and financial growth Reports $215M profit, IPO planned for 2026 amid national decline Etu ...
DRC say they are victims of forced labour, while 56.9% report suffering from broader forms of severe exploitation, according to a University of Nottingham report. 1,431 miners were surveyed across ...
JCR affirms Afreximbank’s A- rating with stable outlook Cites strong solvency, prudent risk management, consistent profitability Rating boosts access to Japan’s markets, contrasts Fitch downgrade ...