The refinery will reduce Angola’s reliance on fuel imports and boost its domestic energy supply.

Valued at approximately €10 billion, the agreements encompass investment, energy, and infrastructure initiatives

Egypt and Turkey are now cooperating in the tourism sector, recognizing the potential for mutual benefit rather than competition.

Nigeria’s Dangote Oil Refinery, once fully operational, could supply petroleum products to Ghana.

The court’s suspension blocks the government from proceeding with the 30-year deal until it rules on a case filed by the Law Society of Kenya

IMF urges Sub-Saharan African countries to diversify their economies and implement reforms to overcome sluggish growth and address the impact of global economic shifts.

Mali accuses Barrick Gold of violating their mining agreement, but Barrick denies wrongdoing and highlights ongoing negotiations.

The company is facing financial challenges due to the closure of its flagship Cobre Panama mine and is exploring strategic partnerships to reduce debt and secure the future of its Zambian operations.

The company’s executive, Tigran Gambaryan, was recently released from detention after charges were dropped.

Mozambique’s dollar bond experienced a decline for the third consecutive day on Wednesday. Tradeweb data revealed the bond’s price fell as concerns about public unrest persisted. The country’s only eurobond, maturing in 2031, dropped 0.54 cents to 84.92 on the dollar. This decline represents a loss of over two cents since Friday. Full results from

The situation escalated on Saturday when gunmen killed an opposition lawyer and a party official in Maputo

Despite optimism surrounding Saudi Crown Prince Mohammed bin Salman’s visit to Egypt.

Ivory Coast’s cocoa crop is flourishing due to abundant rainfall, but quality issues and financing challenges are impacting the industry.

Mali will repay 200 billion CFA francs ($332 million) of its internal debt to alleviate its economic burden, as announced by the economy minister.

The newly opened Lafigue Mine aims for 200,000 ounces of annual gold production by 2025, with a $415 million investment by Endeavour Mining, further boosting Ivory Coast’s mining industry.

The International Monetary Fund (IMF) has completed its first review of Ethiopia’s $3.4 billion lending program, approving a $340.7 million disbursement, the IMF announced on Friday. This marks a significant step in Ethiopia’s economic reform efforts under the four-year program secured in July. The financing arrangement follows key reforms by Ethiopia, including the floating of

The Egyptian government has implemented another fuel price hike, which is expected to have a significant impact on the cost of goods and services.

Lesetja Kganyago, the governor of South Africa’s central bank, advocates for reducing the inflation target.

As part of its economic reform agenda, Ethiopia has resumed the partial privatization of Ethio Telecom, offering 10% of its shares to the public.

Kenya explores $1.5 billion loan with the UAE to address economic challenges and diversify financial sources.

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.