Brazil’s Petrobras Buys Stake in Namibia Offshore Oil Block in Africa Expansion Push
WINDHOEK, Feb 7 – Brazil’s state-controlled oil producer Petrobras has acquired a 42.5% stake in…
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Brazil’s Petrobras Buys Stake in Namibia Offshore Oil Block in Africa Expansion Push
WINDHOEK, Feb 7 - Brazil’s state-controlled oil producer Petrobras has acquired a 42.5% stake in an offshore oil exploration block…
NSIA and IFC Partner on Naira Financing to Expand Diagnostic and Cancer Care in Nigeria
LAGOS, Feb 6 - The Nigeria Sovereign Investment Authority (NSIA) has entered into a strategic partnership with the International Finance…
ArcelorMittal South Africa Narrows 2025 Loss After Long Steel Shutdown
PRETORIA, Feb 6 - ArcelorMittal South Africa reported a narrower full year loss in 2025 after shutting its long steel…
TotalEnergies Expands Namibia Offshore Position With New Exploration Licence
WINDHOEK, Feb 6 - TotalEnergies has acquired a 42.5 percent operated interest in Namibia’s PEL104 offshore exploration licence, extending its…
South Africa Moves Closer to Preferential Trade Access with China
BEIJING, Feb 6 - South Africa has taken a major step toward expanding its trade relationship with China after the…
Africa’s Power Generation Expanded in 2025, but the Structural Gaps Persisted
LAGOS, Feb 5 - Africa’s electricity sector recorded steady growth in 2025, reflecting rising demand, new capacity additions and continued…
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Africa’s Institutional Capital Pools Near $2 Trillion as Domestic Investment Push Gains Momentum
JOHANNESBURG, Feb 7 – Africa’s central banks, sovereign wealth funds and public pension institutions together…
NSIA and IFC Partner on Naira Financing to Expand Diagnostic and Cancer Care in Nigeria
LAGOS, Feb 6 – The Nigeria Sovereign Investment Authority (NSIA) has entered into a strategic…
Zimbabwe Agrees IMF Staff-Monitored Programme to Support Fiscal and Monetary Reforms
JOHANNESBURG, Feb 6 – Zimbabwe has agreed to enter a new staff-monitored programme with the…
ArcelorMittal South Africa Narrows 2025 Loss After Long Steel Shutdown
PRETORIA, Feb 6 – ArcelorMittal South Africa reported a narrower full year loss in 2025…
Nigeria, World Bank Align on Energy, Agriculture and Trade Reforms
ABUJA, Feb 6 – Nigeria and the World Bank have agreed to strengthen cooperation on…
TotalEnergies Expands Namibia Offshore Position With New Exploration Licence
WINDHOEK, Feb 6 – TotalEnergies has acquired a 42.5 percent operated interest in Namibia’s PEL104…
South Africa Moves Closer to Preferential Trade Access with China
BEIJING, Feb 6 – South Africa has taken a major step toward expanding its trade…
Africa’s Power Generation Expanded in 2025, but the Structural Gaps Persisted
LAGOS, Feb 5 – Africa’s electricity sector recorded steady growth in 2025, reflecting rising demand,…
OECD Puts Africa’s 25-Year Equity Raising at $220 Billion
NAIROBI, Feb 5 – The Organisation for Economic Co-operation and Development has said that African…