World Bank backs Tanzania with $550m for employment and social support
A fresh $550 million financing package has been approved by the World Bank for Tanzania, aimed at expanding employment opportunities […]
Economy
South Africa’s stock index heads for its worst month since 2008 amid Middle East tensions
South Africa’s main stock benchmark in Johannesburg is heading for its sharpest monthly decline in almost twenty years, as conflict
World Bank approves $500m to support Nigeria’s agriculture, targeting 1 million farmers
A $500 million concessional facility has been cleared by the World Bank to reinforce Nigeria’s agriculture sector, with a strong
Amid US–Iran unrest, Europe sources jet fuel from Nigeria’s Dangote refinery
Nigeria is becoming an increasingly important alternative source of aviation fuel for Europe, stepping up as the US–Iran conflict disrupts
Oando broadens footprint beyond Nigeria through Angola oil partnership
Oando Plc has secured a production sharing contract (PSC) for Block KON-13 in Angola, marking its long-anticipated entry into one
Rising fuel costs spark concern in South Africa despite tax cuts
Commuters across South Africa are expressing frustration as petrol and diesel prices soar, despite a temporary government tax cut intended
24-hour petroleum operations to drive jobs, growth – NPA
The National Petroleum Authority (NPA) is confident adopting a 24-hour petroleum economy in Ghana’s downstream petroleum sector will create thousands
Russian oil reaches Cuba, drawing public cheers amid US import restrictions
Cubans felt a wave of relief on Tuesday as a Russian oil tanker carrying 730,000 barrels docked at the port
South Africa eases fuel tax to soften $350m blow from rising oil prices
South Africa plans a temporary reduction of a major fuel tax in April, as global oil prices climb due to
Oil prices hold steady temporarily while global petrol costs surge.
While the price of crude oil has stabilized, motorists are still feeling the pinch at petrol stations due to ongoing