Ethiopia introduces fuel subsidies amid oil market turmoil caused by Middle East conflict.
Ethiopia’s government has introduced emergency fuel subsidies aimed at protecting households and businesses from the sharp rise in global oil […]
Economy
African economic growth threatened as oil prices surge
As oil prices remain high amid the ongoing war in the Middle East, its impact is increasingly filtering down into
Utility tariffs drop: Electricity down 4.81%, water down 3.06% starting April 1
The Public Utilities Regulatory Commission has announced a reduction in utility tariffs for the second quarter of this year, effective
Kagame announces plans for $6B nuclear energy program to boost Rwanda’s economic growth.
Rwanda plans to invest up to $6 billion in nuclear power plants as part of its long-term strategy to secure
DRC launches first gold refinery, set to produce 500–600kg monthly.
The Democratic Republic of the Congo has inaugurated its first pilot gold refinery in Kalemie, a move aimed at enabling
Egypt prime minister defends fuel price hike
Egyptian Prime Minister Mustafa Madbouly said Tuesday that his government had to raise fuel prices to make sure local production
US Pledges 1,000 Companies to Strengthen Trade and Create Jobs in South Africa
The United States is aiming to strengthen economic ties with South Africa by promoting American investment that could raise the
Government of Sudan Guarantees Fuel Security Amid Public Panic
Sudan’s Energy Minister Mutasim Ibrahim announced on Tuesday that the country maintains adequate petroleum reserves to last several weeks. He
South African Gold Giant Posts 13% Profit Growth, Declares $208 Million Dividend
Harmony Gold Mining Company, South Africa’s largest gold producer, reported a significant increase in profits for the six-month period ending
Egypt: Residents struggle amid price hikes
Many Egyptians are fretting over price hikes that have seen the cost of everyday goods surge. It comes after the