Brazzaville has suspended state-funded travel for government officials and other state agents to reduce costs amid a budget crisis.

The East African nation is exploring alternative financing sources after domestic unrest led to the suspension of tax hikes and delays in disbursements from the IMF

Shell’s exit from Nigeria’s onshore operations has hit a roadblock as the regulator has rejected its proposed sale to Renaissance Group.

Eramet’s strategic decision to reduce production at its key mines reflects the current challenges facing the global mineral industry.

The IMF is calling for more aggressive fiscal tightening to stabilize debt levels

Senegal’s government has launched a 25-year development plan aimed at achieving economic sovereignty through diversification.

Despite Sudan crisis, growth is expected to remain above last year’s levels, supported by increased private consumption and investment.

Turkish construction firm, Yapi Merkezi, has won the contract to build Uganda’s 272-kilometer standard gauge railway.

Congo, a major producer of copper, cobalt, and diamonds, has long sought to expand its oil sector, though the process has been fraught with controversy

Senegal’s government, led by Prime Minister Ousmane Sonko, is launching a plan to end foreign dependency and debt by investing in local resources and human capital.

The IMF has approved reforms that will significantly reduce borrowing costs for its members, providing much-needed relief to struggling economies.

The joint venture involving Shell, TotalEnergies, and Eni will deliver gas to Nigeria’s Brass fertilizer plant, which is expected to cut fertilizer imports by 30%.

The disruption has tightened the global market for the key aluminium ingredient, driving prices higher.

European nations are trying to persuade South African coal workers that switching to renewable energy won’t lead to job losses, but the workers remain skeptical.

Algeria has banned French wheat imports in a recent tender, citing diplomatic tensions with France over the Western Sahara dispute.

A high-profile Eni corruption trial took a surprising turn as two Milan prosecutors were convicted for failing to file documents that could have helped the defense.

Equinor remains dedicated to $42 billion LNG project despite delays in Tanzania due to government changes to financial agreements.

In a bid to support economic recovery, Kenya’s central bank has cut its benchmark lending rate to 12.00%.

A recent announcement from Burkina Faso’s government has brought relief to Canadian mining company Fortuna Mining, as the country has decided to maintain their existing mining permits.

Africa’s oil and gas-rich country’s announcement comes after several nations began selling oil and gas in local currencies following outbreak of Russia-Ukraine conflict in February 2022

African solar companies are transforming lives by providing electricity to rural communities in Central and West Africa.

This ruling comes after the court found that Morocco’s trade deals with the EU violated the right of the Sahrawi people to self-determination.

Ghana’s economic recovery is gaining momentum as the IMF approves the third review of its $3 billion loan program.

Gilead has announced licensing deals to expand access to its HIV prevention drug, lenacapavir, in lower-income countries.