IMF: Rising Middle East instability could trigger higher energy prices and trade disruption
Instability in the Middle East is beginning to disrupt trade flows, push up global energy costs, and stir volatility in […]
Strait of Hormuz crisis: War in the Middle East drives oil over $100
Oil prices have surged past the $100 mark, as conflict in the Middle East intensifies. Brent crude jumped 17 percent
President Mahama bans foreign travel for boards of SOEs and public institutions over rising costs
President John Dramani Mahama has directed boards of state-owned enterprises (SOEs) and public institutions to immediately halt international travel for
Ghana’s reliance on Dubai for gold exports leaves cedi exposed as Iran conflict disrupts trade
The Ghanaian cedi could face renewed pressure if the ongoing conflict in the Middle East continues to disrupt air traffic
U.S.–Israel–Iran tensions push oil prices over $100
Global crude oil has climbed past the $100 per barrel threshold for the first time since 2022, driven by escalating
Dangote Refinery halts petrol loading as crude oil approaches $120 amid Strait of Hormuz unrest.
Reports indicate that petrol distribution at Nigeria’s Dangote Petroleum Refinery has experienced delays, raising fresh concerns about fuel availability in
$64 billion development roadmap launched by Burkina Faso to reshape its economy.
Burkina Faso has approved a new National Development Plan (PND) for 2026–2030, a five-year strategy valued at about $64 billion
Nigeria LNG cargo rerouted to Asia as U.S.–Iran conflict tightens global gas supply.
A cargo of liquefied natural gas (LNG) from Nigeria has been rerouted from Europe to Asian markets after a sudden
Middle East tensions may cost Africa billions in UAE, Saudi, and Qatari investments.
Growing geopolitical tensions tied to the standoff between the United States and Iran could lead Gulf nations to reconsider their
Africa’s energy markets under strain as Iran war deepens.
A sharp rise in global oil prices caused by the intensifying conflict involving Iran is beginning to ripple across African