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
Author: Stella
Nova Africa plans $21 million Botswana gold mine restart
The joint venture’s acquisition package aims to revitalize the long-dormant operations and
Iran declares regional oil export ban amid US strikes
The Iranian military has vowed to prevent crude products from being transported
Brent Futures Flip to Backwardation as Middle East Supply Risks Return
The Brent Crude futures curve flipped into backwardation this week, signaling expectations of tight
Oil prices hit 1-month high as US-Iran attacks dim Strait of Hormuz outlook
Oil prices have surged to their highest level in a month as
Oil Jumps Above $87 as Russia-Ukraine Black Sea Attacks Escalate
A Russian drone strike on a commercial vessel in Ukraine’s Odesa region
Africa’s largest oil refinery switches to the dollar for its new pricing system
The transition terminates the refinery’s usage of naira for refined product sales,
Trump demands shipping vessels pay 20% if they want to get through the Strait of Hormuz
The Hormuz Strait is OPEN, and will remain OPEN, with or without
China’s Crude Oil Imports Crash to Decade Low as Hormuz Crisis Bites
China’s crude oil imports crashed to a decade-low in June as the
OPEC Cuts Demand Forecast Again as the Oil Market Starts Looking Past Hormuz
OPEC has trimmed its 2026 global oil demand growth forecast for the