Poll shows Bolsonaro with slight lead over Lula ahead of Brazilian run-off
A new poll has found that right-wing Senator Flavio Bolsonaro maintains a slight lead over President Luiz Inacio Lula da Silva as […]
China may be secretly stashing US debt holdings in Canada, Wall Street analysts suspect
China may be quietly stashing billions of dollars in US government debt at Canadian banks, giving the appearance that Beijing is reducing […]
US wants Senegal debt restructuring wrapped up in less than a year
The United States views Senegal’s request for debt restructuring as a “great example” of progress on the Group of 20 Common Framework, […]
Angola aims for faster oil and gas concessions as part of new regulatory revamp
Angola intends to implement faster exploration concessions from next year as part of a new long-term hydrocarbon strategy that aims to attract […]
Oil prices slips as US weighs easing sanctions on ‘shadow fleet’
Brent crude prices fell over 1% on Thursday as potential US steps to ease restrictions on Russia’s “shadow fleet” tankers soothed price […]
Uganda Projected as Sub-Saharan Africa’s Fastest-Growing Economy in 2027 as Oil Production Nears
Uganda is projected to become Sub-Saharan Africa’s fastest-growing economy in 2027, with real gross domestic product (GDP) forecast to expand by 9.9%, […]
Nigeria and AfDB to Review $6.2 Billion Project Portfolio to Accelerate Delivery
Nigeria and the African Development Bank (AfDB) have agreed to review a $6.2 billion portfolio of 55 public and private sector operations to identify […]
Taiwan Commits Up to $4.4 Billion to Alaska LNG Megaproject
Taiwan has agreed to invest up to $4.4 billion in the Alaska LNG project and commit to buying 30% of its output […]
88-year-old African company and top Chinese hydropower construction firm sign a joint $2.2 billion deal for an energy project in Saudi Arabia
Founded in Cairo in 1938 as a family businesstrading electrical equipment, Elsewedy Electric, currently led by Managing Director Ahmed Elsewedy, has expanded into […]
France moves to become top shareholder in mining giant behind Gabon’s world-leading manganese operation under $558 million funding plan
The move would put the French state ahead of the Duval family in the shareholder register of a group whose African businesses […]
Botswana lands key role in Dangote Refinery’s $2.1billion IPO across Southern Africa
Botswana has been selected to host trading in shares of Dangote Petroleum Refinery and Petrochemicals FZE for Southern African investors, giving the relatively small […]
Tanzania nears agreement on $42bn LNG project after years of delays
Tanzania is nearing an agreement on its long-delayed $42bn liquefied natural gas (LNG) project, Finance Minister Khamis Mussa Omar said on October […]