The Arab Coordination Group (ACG) and the African Development Bank Group have launched a new phase of their partnership aimed at scaling co-financing, mobilising private capital, and accelerating Africa’s...
The United States has sold the first cargo of Venezuelan cargo it received from the country after the ousting of President Nicolas Maduro. The sale fetched $500 million, an...
Previously, we reported that global upstream operators will cut investment for a second consecutive year in 2026, with capital expenditure expected to fall by at least 2-3% year-on-year, and...
Gold eased on Tuesday, a day after breaching US$4,600 (RM18,673.70) an ounce for the first time ever, as investors booked profits amid heightened geopolitical and economic uncertainty. Spot gold...
The Trump administration is close to a trade deal with Taiwan that would lower American tariffs on goods from the self-governed island and significantly expand Taiwan Semiconductor Manufacturing Co’s...
Cameroon’s $622 million Kribi oil refinery to begin operations in 2026, two years ahead of schedule.
Cameroon’s Kribi oil refinery is on track to start partial operations in the second half of 2026, nearly two years ahead of the original June 2028 schedule, according to...
The African Export-Import Bank (Afreximbank) has provided a $64 million acquisition finance facility to Levene Energy Development Limited to support its equity commitment to Bluecore Gas Infraco Limited. The...
Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion ($802 million) strategic reserve, it said on Monday, as its Treasurer Jim Chalmers prepares...
By comparison, Africa’s top nine oil reserve holders together account for just 113 billion barrels, less than half of Venezuela’s total. This dramatic gap highlights a broader global contrast between...
Speaking to French ambassadors in Paris, Macron said partnerships with African economies must become a core pillar of France’s growth strategy, spanning entrepreneurship, finance and the role of the...