Libya’s National Oil Corporation has signed a memorandum of understanding with ExxonMobil to restart offshore hydrocarbon exploration after a decade-long halt.

The African Development Fund will begin raising $5 billion from capital markets every three years from 2027 as donor support, especially from the US, declines.

South Africa’s trade talks with the US remain unresolved as a looming tariff risks hurting agriculture and automotive sectors.

Morocco will invest $4.2 billion over five years to upgrade its main airports and increase capacity ahead of cohosting the 2030 World Cup.

Google announced a $37 million package to support AI research, startups, and education across Africa, focusing on agriculture, health, and language technologies.

Libyan Prime Minister Abdul Hamid Dbeibeh proposed a $70 billion economic partnership with the US focusing on energy, infrastructure, and investment projects.

Algeria and Italy signed 14 agreements in Rome covering defense, energy, agriculture, counterterrorism, culture, and investment to enhance bilateral cooperation.

Angola launched two offshore oil projects producing 60,000 barrels daily, aiming to stabilise declining output through regulatory reforms and new investments.

Economists blame a toxic mix of war spending, shuttered export sectors and unrestrained money printing by the Central Bank of Sudan

Zambia signed an agreement to build a $1.1 billion crude oil refinery and energy complex in Ndola to meet domestic fuel demand and reduce import costs.

Premier Li Qiang has launched a massive energy project in Tibet that aims to generate 300 billion kWh annually and advance China’s carbon goals.

Kenya’s Octavia Carbon is leveraging geothermal energy to pioneer cost-effective direct air carbon capture, despite scepticism and scalability challenges.

Tariffs imposed by the US have led to a collapse in South African auto exports, creating deep concerns for the country’s economy and workers.

Mozambique says conditions now allow TotalEnergies to resume its LNG project halted after 2021 insurgency near its Afungi site.

Bankers blame an acute shortage of foreign-exchange inflows and heavy withdrawals of local deposits for paralyzing the formal market

Malian authorities are using gold reserves from a seized Barrick mine to address salary arrears and resume production activities.

Facing pressure from declining diamond revenue and shrinking reserves, Botswana will allow the pula to depreciate faster than previously announced.

Nigeria’s Dangote refinery plans fuel storage in Namibia to serve southern African markets and enhance regional energy distribution.

A 30-year contract between Sonatrach and Eni will explore and exploit hydrocarbons in Algeria’s Berkine Basin, investing $1.35 billion.

Libya’s NOC signs with BP and Shell to study and develop hydrocarbon resources in key oilfields.

Morocco builds a homegrown gaming industry with developer hubs and training to create jobs for its youth.

Following a successful program review, the IMF has disbursed $261.9 million in credit support to the Democratic Republic of Congo.

IMF endorses Ethiopia’s loan program and releases funding while the country negotiates relief on $8.4 billion of debt.

Modi and Mahama pledged closer cooperation in defence, counter-terrorism, and critical mineral exploration.