Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses
The Bank of Ghana (BoG)’s decision to sell more than half of its gold reserves in November & December 2025 […]
Dangote Refinery ramps up gasoline and urea exports to help African markets impacted by the Iran war
Nigeria’s Dangote Refinery, the largest on the continent, has intensified shipments of gasoline and urea to African countries facing supply
Djibouti unveils largest ship repair yard in East Africa with $124 million backing.
Djibouti has officially opened the Djibouti Ship Repair Yard (DSRY), a milestone not only for the Horn of Africa nation
DR Congo joins Africa’s resource control drive with major reforms to reshape gold trade.
The Democratic Republic of Congo is taking steps to strengthen oversight of one of its most profitable but poorly regulated
Côte d’Ivoire removes customs visas for Mali and Burkina Faso as Sahel bloc shifts trade routes.
Côte d’Ivoire’s customs administration has announced the immediate elimination of visa requirements previously imposed by customs officials in Mali and
US–Iran Strait of Hormuz tensions hit five key sectors, costing Africa heavily.
Shipping interruptions along the Strait of Hormuz are starting to affect African economies, putting pressure on fertiliser availability, industrial supplies
Somalia begins offshore oil exploration backed by Turkey.
Somalia is preparing to launch its first offshore oil drilling campaign, a significant milestone in its long-awaited entry into the
Iran threatens to restrict Bab el-Mandeb Strait after Trump warnings
After the closure of the Strait of Hormuz, another crucial regional waterway, the Bab el-Mandeb Strait, is now at risk
Zambia: Government declares fuel supply situation an emergency
As the war in the Middle East continues to drive up fuel prices, the Zambian government has called the current
The Zambian government has announced an emergency over the ongoing fuel supply crisis.
Rising tensions in the Middle East have pushed fuel prices higher, prompting the Zambian government to declare the current fuel