Saudi oil tankers are disguising their destinations by signalling Egypt and the Suez Canal instead of home ports to avoid Houthi attacks
Tankers entering the Red Sea to load Saudi oil are signalling Egypt
Category: Business
Argentina renews $19bn China swap line for five more years
Argentina’s central bank has renewed its currency swap agreement with the People’s
Trump administration refunds $100bn in tariffs struck down by Supreme Court
United States President Donald Trump’s administration has refunded about $100bn in tariffs
Africa’s richest man, Aliko Dangote, turns his sights to North America as he sells Africa to the Canadian Prime Minister
The Nigerian businessman brought up the idea of boosting trade and investment
India eyes Venezuela blocks operatorship; regains Russia’s Sakhalin-1 stake
State-run ONGC, through its overseas investment arm ONGC Videsh, holds a 40%
US dollar weakens sharply against the Japanese yen after market interventions
The U.S. dollar weakened sharply Monday against the Japanese yen after U.S.
Saudi Arabia eyes 25-year Cape Town port concession as Gulf investment in Africa’s logistics sector gathers pace
Saudi Arabian ports operator Red Sea Gateway Terminal (RSGT) is considering bidding
Africa’s largest lithium producer approves US$1.59 billion in new investments as mining and manufacturing take nearly 80%
The Zimbabwe Investment and Development Agency (ZIDA) issued 284 new investment licences
Libya moves closer to 2 million barrels a day as US-backed budget opens Africa’s largest crude reserves to American firms
Libya is moving closer to its goal of producing 2 million barrels
Italy and France join the UK and Germany in a $400m race to unlock $10 billion for Africa’s green revolution
On Wednesday, 5th of August during the 2026 Infra for Africa Forum