Saudi’s Jameel Motors will distribute Changan and Deepal cars in South Africa, with models like the Deepal S07, CS75 Pro, Hunter and Alsvin sedan.

South Africa grants Eskom limited emissions exemptions but requires stricter monitoring, health services, and environmental measures to reduce harm.

Uganda and UAE investors have signed multiple agreements, including a major oil refinery deal with Alpha MBM Investments for a 60% stake.

xAI, founded by Elon Musk, is buying the X platform for $33 billionn in a move to merge advanced AI capabilities with the social networking giant.

US stocks plunged as investors worried about new tariffs and inflation data showing rising prices adding pressure to Wall Street and economic growth.

Kenya seeks a new IMF loan programme, clarifying there are no disagreements with the Fund despite halted reviews.

Congo may extend its cobalt export ban beyond four months as officials assess its impact on global prices and market stability.

Ethiopia reached an $8.4 billion debt restructuring agreement under the G20 framework, easing financial pressure as it works toward economic recovery.

Ethiopia has introduced a new tax to replace USAID funding, affecting workers and businesses as the country seeks to sustain development and humanitarian projects.

The detention of Turkey’s political rival Ekrem Imamoglu has caused a significant setback in the country’s economic recovery, affecting currency and market stability.

Nigeria’s Dangote refinery has temporarily stopped selling fuel in naira due to a stalled naira-for-crude deal with NNPC.

The Trans Niger Pipeline (TNP), a critical export route with a capacity of 450,000 barrels per day

The decision, announced at the end of an IMF mission visit to Nairobi, comes as the East African nation struggles with mounting debt servicing costs following years of heavy government borrowing

Capricorn Energy is in advanced talks with Egypt’s state-owned petroleum company to amend gas concession agreements, aiming to increase investment and production.

The budget has become a major test for the fragile coalition government formed after the ANC lost its parliamentary majority last year for the first time since the end of apartheid

Egypt is committed to eliminating fuel subsidies and reaching cost recovery levels by December 2025, as stated by the IMF, to address its current account deficit.

The IMF has approved a $1.2 billion disbursement for Egypt after completing its latest economic review.

Petrobras is exploring opportunities in Argentina, advancing projects in Colombia, and planning exploratory wells in Africa to expand its oil and gas operations.

Ghana’s new government scrapped several Covid-era taxes, including a mobile money levy, to ease economic hardship and boost business growth.

The Africa Finance Corporation aims to mobilize billions from African pension funds and attract external investments to boost the continent’s infrastructure and economic growth amid shifting global financial flows.

United States considers mineral partnerships with Congo amid security concerns and resource wealth.

The smart village project focuses on enhancing education and healthcare through digital technology.

The Malian government and Barrick Gold are working to finalize an agreement regarding gold exports.

The Moroccan rail operator ONCF expands its network with loans from France, Spain, and South Korea.