Oil prices rose by about 2% on Friday after the US and Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea closure on...
Aliko Dangote is nearing the completion of a $2.5 billion private share placement for his refinery business, marking a major step toward what could become Africa’s largest initial public...
The African Development Bank (AfDB) has approved a $400 million loan to help South Africa overhaul electricity and water services in Mpumalanga Province, marking a significant boost to the...
The head of the International Energy Agency has warned that global energy security is under serious threat unless efforts by the United States and Iran lead to improved oil...
The global critical minerals market remains highly concentrated, and new threats to supply security have emerged in recent months as China has curbed exports of some rare earth elements,...
Chevron is taking another step toward expanding its footprint in Iraq, and is set to sign two memoranda of understanding on Friday that will move the U.S. supermajor closer...
The acquisition of a 20% to 30% stake by Angola would primarily benefit the Southern African country by securing official board representation and enabling participation in executive deliberations concerning...
The company’s Ergo and Far West Gold Recoveries activities have focused on prolonging mine life, increasing production efficiency, and lowering environmental impact by recovering old mining waste. The first...
This initiative serves as MIGA’s first standalone trade finance portfolio guarantee platform with a global commercial bank, structured to mitigate risks in volatile regions. Under the framework, MIGA will...
The joint venture’s acquisition package aims to revitalize the long-dormant operations and breathe new life into the region’s mining sector. Operational history and sudden closure Located near Francistown in...