Zambia’s copper production surges in 2024
Zambia’s copper production witnessed a 12% increase in 2024, reaching roughly 820,670 metric tons, driven by improved performance at key mines.
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economy
Burhan’s currency move exacerbates Sudan’s economy
The move has also deepened political divisions and fueled tensions between the General Burhan’s backed government and the Rapid Support Forces.
Burhan’s currency move exacerbates Sudan’s economy Read More »
Mozambique’s Maputo port sees 1% dip in volumes amid turmoil
Mozambique’s Maputo port reported a slight decline in volumes in 2024, primarily attributed to post-election protests that disrupted transport routes and border operations.
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Natural gas shortages hit Tunisia amid cold snap
Tunisian remote areas are facing significant natural gas shortages due to shipping delays, exacerbated by unusually cold weather, leaving people without gas for heating and cooking.
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Mozambique counts on LNG projects for economic transformation
Mozambique’s president stated that the terms of planned LNG projects with TotalEnergies and ExxonMobil will not be reviewed as the contracts are new and not yet operational.
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Head of Libya’s national oil corporation steps down – report
The head of Libya’s National Oil Corporation (NOC) has departed from his role, sources revealed. NOC is the backbone of Libya’s oil production, overseeing technical operations and managing smaller subsidiaries in the OPEC nation. Libya, the third-largest oil producer in North Africa, has struggled with disrupted production since the fall of Muammar Gaddafi in 2011.
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Oil theft drops sharply in Nigeria boosting reserves and production
Nigeria’s oil reserves have increased slightly, and crude oil production has surged by 26% in 2024, driven by a decline in oil theft.
Oil theft drops sharply in Nigeria boosting reserves and production Read More »
UAE expands trade ties with Kenya, partners
The United Arab Emirates has signed comprehensive economic partnership agreements with Malaysia, Kenya, and New Zealand.
UAE expands trade ties with Kenya, partners Read More »
Ivorian cocoa production at risk due to lack of rain
Cocoa farmers in Ivory Coast are concerned that the ongoing drought could significantly impact the upcoming mid-crop harvest.
Ivorian cocoa production at risk due to lack of rain Read More »
Ethiopia revives securities trading in push for economy
Ethiopia has launched its first securities exchange in decades, aiming to attract private investment and liberalize its economy under Prime Minister Abiy Ahmed’s reforms.
Ethiopia revives securities trading in push for economy Read More »