Oluebube Elechi

WINDHOEK, Feb 9 – Namibia said it will not recognise the offshore stake acquisition announced by TotalEnergies and Petroleo Brasileiro SA until the …

PRETORIA, Feb 6 – ArcelorMittal South Africa reported a narrower full year loss in 2025 after shutting its long steel operations and …

ABUJA, Feb 6 – Nigeria and the World Bank have agreed to strengthen cooperation on reforms aimed at improving electricity supply, boosting …

WINDHOEK, Feb 6 – TotalEnergies has acquired a 42.5 percent operated interest in Namibia’s PEL104 offshore exploration licence, extending its footprint in …

LAGOS, Feb 5 – Africa’s electricity sector recorded steady growth in 2025, reflecting rising demand, new capacity additions and continued investment in …

NAIROBI, Feb 5 – The Organisation for Economic Co-operation and Development has said that African companies raised about $220 billion in equity …

KINSHASA, Feb 4 – Glencore has said that it is in discussions to sell a 40 percent stake in its copper and …

YAOUNDE, Feb 4 – Chevron has reaffirmed its commitment to the development of the Yoyo-Yolanda gas project, which spans the maritime boundary …

Africa Export Import Bank (Afreximbank) has lined up an initial financing package of $8 billion for its new member, South Africa, following …

ANTANANARIVO, Feb 3 – Madagascar has lifted a 16 year moratorium on issuing new mining permits for most minerals, reopening a licensing …