Angola’s Sonangol Pursues $4.8 Billion Chinese Loan for Lobito Refinery Project
LUANDA, Feb 25 – Sonangol, Angola’s state-owned oil firm, is in talks with Chinese financial…
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Angola’s Sonangol Pursues $4.8 Billion Chinese Loan for Lobito Refinery Project
LUANDA, Feb 25 - Sonangol, Angola’s state-owned oil firm, is in talks with Chinese financial institutions to secure a $4.8…
Zimbabwe Halts Raw Mineral and Lithium Exports to Curb Leakages, Boost Local Processing
HARARE, Feb 25 - Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect, as authorities…
Nigeria’s Terra Industries Signs MoU With DICON to Boost Local Military Technology Production
ABUJA, Feb 23 - Terra Industries, a Nigerian defence technology startup specializing in drone systems and proprietary surveillance software, has…
Ethiopia’s Strategic Surge From the GERD to the Red Sea and the US in the Room
ADDIS ABABA, Feb 23 - President Donald Trump has re-entered the debate surrounding Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), signaling…
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…
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Kenya Pipeline IPO Oversubscribed as Institutional Investors Drive Strong Demand
NAIROBI, Feb 25 – Strong participation from institutional investors has driven excess demand in the…
Zimbabwe Halts Raw Mineral and Lithium Exports to Curb Leakages, Boost Local Processing
HARARE, Feb 25 – Zimbabwe has suspended exports of all raw minerals and lithium concentrates…
Kenya Targets Ksh5 Trillion Infrastructure Fund With IFC Support
NAIROBI, Feb 25 – Kenya is advancing plans to mobilize Ksh5 trillion ($38.7 billion) for…
Tunisia Cash in Circulation Climbs to Record $9.6 Billion, Central Bank Data Shows
TUNIS, Feb 25 – Cash held outside Tunisia’s banking system rose about 20% over the…
South Sudan Replaces Finance Minister Again as Kiir Names Salvatore Garang
JUBA, Feb 25 – South Sudan President Salva Kiir has dismissed Finance Minister Bak Barnaba…
South African Rand Strengthens Ahead of 2026 Budget Presentation
JOHANNESBERG, Feb 25 – South Africa’s rand strengthened in early trading ahead of the 2026…
Ivory Coast Faces Rising Unsold Cocoa Stocks as Price Dispute Slows Trade
ABIDJAN, Feb 25 – Ivory Coast could accumulate about 200,000 metric tons of unsold cocoa…
South Africa’s Valterra Platinum Reports Sharp Profit Growth as Metal Prices Rise
JOHANNESBURG, Feb 25 – South Africa’s Valterra Platinum reported a sharp increase in annual earnings…
Nigeria’s Foreign Exchange Reserves Rise to $50.45 Billion, Highest Since 2013
LAGOS, Feb 25 – Nigeria’s foreign exchange reserves have climbed to $50.45 billion as of…