Oil firmer amid reports that Israel may attack Iran
Singapore Oil prices jumped more than 1% on Wednesday after reports Israel is preparing a strike on Iranian nuclear facilities, raising fears that a conflict...
Category : BUSINESS
Egypt to Receive €4 Billion in EU Budget Support Amid Economic Reforms and Regional Stability Efforts
In a landmark financial agreement aimed at strengthening economic resilience and regional stability, the European Union has pledged to provide €4 billion in budget support...
Ucore Secures $18.4M in U.S. Department of Defense Funding to Advance Rare Earth Processing Plant in Louisiana
Ucore Rare Metals Inc., a leading innovator in the field of critical mineral processing, has secured a major funding boost from the U.S. Department of...
China to Establish Electric Vehicle Factories in Nigeria, Strengthening Strategic Partnership
China has announced plans to establish electric vehicle (EV) factories in Nigeria, marking a significant advancement in the bilateral relationship between the two nations. This...
Uganda: Stanbic Bank’s Agutamba Named Chairman of UBA Peer Committee On Communication
Stanbic Bank Uganda’s Head of Communications, Daniel Agutamba, has been appointed as the new Chairman of the Communication Peer Committee under the Uganda Bankers’ Association...
South Africa’s Land Bank Seeks Up to $1 Billion to Strengthen Agricultural Financing
South Africa’s state-owned Land and Agricultural Development Bank is in discussions with potential funders to raise as much as $1 billion. This initiative aims to...
TotalEnergies and BW Energy Target Late 2026 for Final Investment Decisions on Namibia Projects
Namibia is poised for significant advancements in its energy sector as TotalEnergies and BW Energy plan to make final investment decisions (FIDs) on their respective...
South Sudan Resumes Oil Exports After RSF Drone Attacks Disrupt Port Sudan Operations
South Sudan has resumed its critical oil exports through Port Sudan after a brief suspension caused by a series of drone attacks attributed to Sudan’s...
Kenya’s Tourism Sector Booms with 60% Growth as Country Registers Increased International Arrivals
Nairobi, Kenya – Kenya’s tourism industry is experiencing a remarkable resurgence, with a reported 60% growth in international arrivals compared to the previous year, signaling...
Equitane Expands Industrial Investments Across Africa in Strategic Growth Push
Equitane, a leading pan-African investment group, has announced a significant expansion of its industrial portfolio, signaling a renewed commitment to driving large-scale manufacturing and infrastructure...
Oil Prices Fall Sharply – Africa Feels the Pressure as Global Market Faces Biggest Monthly Drop in Three Years
Global oil prices are falling fast, heading for their biggest monthly drop since 2020, and many African economies are already feeling the effects. Brent crude...