Oil rises on renewed US-Iran hostilities and threat of Red Sea closure
Oil prices rose by about 2% on Friday after the US and
Author: Stella
Dangote secures $2.5 billion in private share placement ahead of Africa’s biggest refinery IPO
Aliko Dangote is nearing the completion of a $2.5 billion private share
UK backs $400 million AfDB funding to boost South Africa’s energy transition and water infrastructure
The African Development Bank (AfDB) has approved a $400 million loan
Austrian energy giant unlocks 195-million-barrel oil discovery in Africa’s largest oil reserve
The National Oil Corporation (NOC) announced that the Essar oil discovery in
IEA chief warns Strait of Hormuz crisis threatens global energy security
The head of the International Energy Agency has warned that global energy
China’s Critical Minerals Grip Puts $6.5 Trillion of Global Industry at Risk
The global critical minerals market remains highly concentrated, and new threats to
Chevron Moves Closer to Iraq’s Biggest Oil Prize—and a Hormuz Exit Strategy
Chevron is taking another step toward expanding its footprint in Iraq, and
Africa’s second-largest diamond producer insists on having a seat at Africa’s biggest diamond company
The acquisition of a 20% to 30% stake by Angola would primarily
$612 million investment begins paying off as South African gold firm pours its first gold
The company’s Ergo and Far West Gold Recoveries activities have focused on
Developing African countries to tap a €1 billion fund from Germany’s largest bank and the World Bank
This initiative serves as MIGA’s first standalone trade finance portfolio guarantee platform