World Bank’s IFC backs Africa’s solar boom with $40 million EDF deal as 600 million remain without electricity
The financing, announced on Tuesday by Ethiopis Tafara, combines IFC funding with
Category: Business
Africa’s oil giants, Angola, Nigeria and Algeria on standby as Aramco warns of 100 million barrels weekly loss if Hormuz stays closed
The African oil industry, which has benefited from price increases following Russia’s
Kenya moves to unmask $18.5 billion crypto market with tough new tax rules
The measures, contained in the Finance Bill 2026 currently before Parliament, would
Brazil’s Oil Exports to China Double as Iran War Upends Crude Flows
Brazil more than doubled the volume of its oil exports to China,
Shell Moves to Exit French Fuel Retail Market in Strategic Pivot
Shell plans to sell its network of about 60 service stations in
EIA Gives Oil Traders a New Way to Panic About Hormuz
The U.S. Energy Information Administration is about to hand oil traders another
South African gold miner expands global footprint with $4.3bn acquisition bid in Australia.
For over five years, Pan African Resources, a South African gold mining
Trump rejects Iran peace terms as oil prices surge.
US President Donald Trump branded Iran’s terms for ending the Middle East
ASEAN leaders adopt measures to ease economic pain caused by Iran war.
Southeast Asian leaders have agreed on measures aimed at reducing the impact of the
Iran’s Economy Buckles Under Pressure as Millions Face Unemployment
By late April 2026, the war involving Iran, the United States and