Ethiopia’s long-delayed Tulu Kapi gold project has reached a major turning point after securing about $340 million in development financing, clearing the way for construction of one of the...
Zambia and Zimbabwe have agreed to each commit $220 million toward reviving construction of the long-delayed $4.2 billion Batoka Gorge hydropower project, a cross-border plant expected to supply electricity...
The Saudi Ports Authority, or Mawani, has signed a contract with Arabian Chemical Terminals Ltd. to establish storage tanks for chemical and petrochemical materials at Jubail Commercial Port, with...
The Central Bank of Egypt and the African Export–Import Bank have signed a memorandum of understanding to establish a pan-African Gold Bank, a strategic initiative aimed at formalizing gold...
China has bought at least eight million tonnes of US soybeans this year, according to people familiar with the matter, putting the world’s top importer on track to meet...
SaudSaudi Aramco is poised to buy a 20% stake in a new refinery that India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) plans to build with a total investment...
The case was submitted to the International Centre for Settlement of Investment Disputes (ICSID), the World Bank’s arbitration body for disputes between states and foreign investors. Guinea, which holds...
The company announced that Fuhai (Beijing) Energy, a wholly owned subsidiary of privately held Fuhai Group New Energy Holding, will acquire a 40 per cent interest in the EG-08...
Oil prices climbed on Monday as markets assessed the results of discussions between the U.S. and Ukrainian presidents over a possible agreement to end the war in Ukraine, alongside...
Saudi Arabian Mining Company (Maaden) plans to set up a joint venture with Midana Exploration Pay Ltd (Hancock) to focus on exploration, development, mining and sale of minerals in...