ICT surged 25.2%. Gold output climbed 15.7%. And for the first time in over a year, growth is no longer being inflated …
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DAKAR, June 12 – Senegal’s public finances are facing growing pressure, with S&P Global Ratings warning that failure to secure a new …
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DODOMA, June 12 – Tanzania has unveiled a 62.3 trillion shilling ($23.8 billion) national budget for the 2026/27 fiscal year, marking a …
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CAIRO, Egypt June 12, 2026 Egypt has purchased a record 4.6 million metric tons of wheat from local farmers during the current …
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CAIRO, June 12 – S&P Global Ratings has assigned a BBB+ long-term issuer credit rating and an A-2 short-term rating to African …
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NEW YORK, June 11 – SpaceX has raised $75 billion in what is being described as the largest initial public offering in …
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LAGOS, June 11 – Dangote Petroleum Refinery is seeking to raise approximately $1 billion through a private placement that values the company …
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NAIROBI, June 11 – Kenya has selected a Chinese construction company to undertake a major upgrade and expansion of Jomo Kenyatta International …
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JOHANNESBURG, June 11 – South African business confidence recovered slightly in May after a sharp decline the previous month, as firms adjusted …
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Energy
China’s Hengli Petrochemical Buys 2 Million Barrels of West African Crude Amid US Sanctions Pressure
LAGOS, June 11 – Chinese refining giant Hengli Petrochemical has purchased at least 2 million barrels of West African crude oil and …