Mubadala Energy Acquires 15% Stake in Egypt’s Offshore Nargis Gas Block
CAIRO, Feb 20 – Mubadala Energy has completed the acquisition of a 15 percent interest…
Economy
In Focus
Top Stories
Editor Choice
Mubadala Energy Acquires 15% Stake in Egypt’s Offshore Nargis Gas Block
CAIRO, Feb 20 - Mubadala Energy has completed the acquisition of a 15 percent interest in Egypt’s offshore Nargis Concession…
Gold Fields Profit Jumps as Higher Prices Lift Output and Shareholder Payouts
JOHANNESBERG, Feb 20 - South Africa’s Gold Fields reported a sharp rise in full year profit, supported by higher gold…
Morocco Invites Bids for 361 Mining Blocks in Tafilalet and Figuig Region
RABAT, Feb 20 - Morocco has launched a large scale mining tender covering about 13,000 square kilometers in the Tafilalet…
Congo Signs Deal to Market Copper From Glencore Mine
KINSHASA, Feb 19 - The Democratic Republic of Congo has signed a deal allowing its state mining company, Gecamines, to…
Turkey, Ethiopia Sign Energy and Economic Cooperation Agreements
ANKARA, Feb 18 - Turkey and Ethiopia signed multiple agreements on energy, trade and technical cooperation in Addis Ababa on…
Liberia’s Iron Ore Output Set to Triple Amid ArcelorMittal Expansion
CAPE-TOWN, Feb 17 - Liberia expects iron ore production to reach 30 million metric tons in 2026, up from around…
African Trade
Artificial Intelligence
Policy
Kenya Extends Pipeline IPO to Next Week as Subscriptions Lag
NAIROBI, Feb 20 – Kenya’s Capital Markets Authority (CMA) approved a three day extension of…
Sibanye Stillwater Profit Surges Nearly Fourfold as Gold and Platinum Prices Rally
JOHANNESBURG, Feb 20 – Sibanye Stillwater reported a nearly fourfold increase in annual profit for…
Gold Fields Profit Jumps as Higher Prices Lift Output and Shareholder Payouts
JOHANNESBERG, Feb 20 – South Africa’s Gold Fields reported a sharp rise in full year…
Morocco Invites Bids for 361 Mining Blocks in Tafilalet and Figuig Region
RABAT, Feb 20 – Morocco has launched a large scale mining tender covering about 13,000…
Standard Bank Issues Africa’s First FLAC Bonds, Raises 2 Billion Rand to Reinforce Crisis Protection
JOHANNESBURG, Feb 19 – Standard Bank Group has raised 2 billion rand ($123.76 million) through…
Rwanda Central Bank Raises Policy Rate to 7.25% as Inflation Exceeds Target Range
KIGALI, Feb 19 – National Bank of Rwanda has raised its benchmark lending rate by…
Ivory Coast Weighs Cocoa Price Cut to Match Ghana Amid Market Slump
ABIDJAN, Feb 19 – Ivory Coast is considering a reduction in the price it pays…
Congo Signs Deal to Market Copper From Glencore Mine
KINSHASA, Feb 19 – The Democratic Republic of Congo has signed a deal allowing its…
IMF Approves $91 Million in Funding for Niger After Programme Review
JOHANNESBURG, Feb 19 – The International Monetary Fund has approved $91 million in funding for…