A consortium led by BlackRock’s Global Infrastructure Partners (GIP) and U.S. gas giant EQT Corp. (NYSE:EQT) have agreed to acquire global power utility, AES Corp. (NYSE:AES), for $15 per share in cash, totaling an enterprise...
Gold has experienced a significant, sustained bull market, driven largely by unprecedented buying from central banks aiming to diversify their reserves away from the US dollar amid rising geopolitical...
The project forms part of the fund’s broader strategy to deepen domestic gas utilisation and stimulate investment across Nigeria’s midstream and downstream gas value chain. Speaking at the ceremony,...
Gold prices continued their ascent on Friday and were on track to post solid gains for February, supported by heightened geopolitical tensions and ongoing economic uncertainty that boosted demand...
OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion, in a deal that signals the feverish...
The project will produce Linear Alkyl Benzene (LAB), a chemical used to make the surfactants, the active cleaning agents in soaps and detergents. It is not a consumer detergent,...
The United Arab Emirates (UAE) and South Korea have agreed to pursue cooperation projects worth more than $65 billion, including over $35 billion in the defense industry, to deepen...
Shell is in talks with ADNOC and Midocean Energy on the potential sale of its minority stake in the Australian North West Shelf LNG project. The supermajor holds a...
Angola seeks $4.8 billion Chinese loan for refinery in first major Beijing financing bid since 2017.
Sonangol CEO Sebastiao Gaspar Martins told reporters on Wednesday that the financing push targets the next phase of the $6.2 billion refinery project, which has been designated a national...
The Africa Infrastructure Financing Facility (AIFF) created jointly by AUDA-NEPAD and the Alliance of African Multilateral Financial Institutions was unveiled on 14 February during the Third Presidential High-Level Dialogue...