Vitol invests $130m in Durban fuel hub to boost South Africa’s supply security.
Vivo Energy, the African downstream subsidiary of global commodities trader Vitol, is committing about $130 million to increase fuel storage […]
US strengthens supply chain control, countering China with new rare earth shipping routes in Africa.
Beijing is strengthening its hold over Africa’s rare earth and critical minerals industry to secure global supply chains, while the
South Africa names apartheid-era negotiator to repair tense US relations.
South Africa has named seasoned negotiator Roelf Meyer as its new ambassador to the United States, in a deliberate effort
Zambia commits $200 million to keep fuel prices low as oil risks climb globally.
Zambia is expected to forgo around $200 million in revenue after reducing fuel taxes to protect households and businesses from
Africa faces growing debt and inflation threats as US–Iran conflict escalates.
Rising tensions linked to the Iran conflict are driving up borrowing costs for African countries, worsening debt challenges that have
OPEC: Middle East oil production plummets due to Iran war
Oil production in the Middle East plummeted in March as the US-Israel war against Iran raged on. Traffic through the
Nigeria slashes import duties to fight rising cost of living
Nigeria will cut import duties on a range of goods from July 1, in a move aimed at easing living
IMF Warns of Mounting Economic Pressures for Sub-Saharan Africa Amid Global Instability
The latest World Economic Outlook from the International Monetary Fund paints a sobering picture for Sub-Saharan Africa, as escalating conflict
Wadagni claims landslide victory in Benin presidential vote
Romuald Wadagni has secured a decisive win in Benin’s presidential election, taking 94 percent of the vote according to provisional
Transport Minister to meet GUTA over dispute on Publican AI Port System on Thursday
The Minister for Transport, Joseph Nikpe Bukari, is scheduled to meet with leaders of the Ghana Union of Traders Association