CAIRO, Feb 11 – Egypt has asked international oil companies to double production by 2030 and revise existing contracts to support new …
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Banking & Finance
Nigeria’s Access Bank Terminates Bidvest Bank Deal After Regulatory Deadline Lapses
Access Holdings Plc has terminated its proposed acquisition of South Africa’s Bidvest Bank after key regulatory conditions were not met by the …
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LUANDA, Feb 10 – Angola’s state owned diamond producer Endiama plans to raise annual output to 17 million carats by 2027, building …
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BAMAKO, Feb 10 – Mali will set up a state-owned company to manage its equity interests in mining firms, according to a …
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MAPUTO, Feb 10 – Mozambique’s government is working to keep South32’s Mozal aluminium smelter operating as negotiations continue over electricity supply, the …
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WINDHOEK, Feb 9 – Namibia said it will not recognise the offshore stake acquisition announced by TotalEnergies and Petroleo Brasileiro SA until the …
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JOHANNESBURG, Feb 9 – South Africa’s energy regulator has approved higher electricity tariff increases for state-owned utility Eskom after acknowledging mistakes in …
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LAGOS, Feb 9 – Angola is aiming to acquire a 20% to 30% stake in De Beers as discussions continue among African …
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WINDHOEK, Feb 7 – Brazil’s state-controlled oil producer Petrobras has acquired a 42.5% stake in an offshore oil exploration block off the …
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LAGOS, Feb 6 – The Nigeria Sovereign Investment Authority (NSIA) has entered into a strategic partnership with the International Finance Corporation (IFC) …