PRETORIA, Jan 26 – South Africa has stabilised its electricity supply for more than 250 straight days without load shedding, but the …
Sectors
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TRIPOLI, Jan 26 – Libya has signed a 25-year oil development agreement with France’s TotalEnergies and U.S.-based ConocoPhillips, marking one of the …
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LAGOS, Jan 23 – Nigeria has approved targeted, investment-linked incentives for Shell’s Bonga South West deepwater oil project, President Bola Tinubu’s office …
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CAIRO, Jan 23 – Egypt has repaid about $5 billion in overdue bills owed to foreign oil and gas partners and plans …
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Banking & Finance
South Africa’s Nedbank Plans $856 Million Acquisition of Majority Stake in Kenya’s NCBA Group
JOHANNESBURG, Jan 22 – South Africa’s Nedbank Group has offered to acquire a 66% stake in Kenya’s NCBA Group in a transaction …
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RABAT, Jan 22 – Morocco is moving to reshape the National Office of Hydrocarbons and Mines (ONHYM) as pressure to secure gas …
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CAIRO, Jan 22 – The Suez Canal Authority said revenue from the canal rose 18.5% in the first half of fiscal year …
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HARARE, Jan 21 – Caledonia Mining Corporation has secured $150 million in international financing to advance development of its Bilboes gold project, …
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RABAT, Jan 20 – Morocco plans to launch a digital platform to support investment projects by Moroccans living abroad. The Ministry of …
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CAIRO, Jan 21 – Egyptian engineering firm Kemet signed a memorandum of understanding with China’s TBEA to cooperate in renewable energy and …