NGO’s denounce Uganda oil project
A report released on Wednesday by two environmental NGO’s has warned of potentially “unacceptable” damage caused by a controversial project
Read more
Trade
Ethiopia’s fuel prices rise by 20%
Fuel prices in Ethiopia rose by about 20% on Thursday (September 29), less than three months after a previous 30-40%
Read more
Africa and the Caribbean to strengthen trade and investment ties-Muchanga
Albert Muchanga, African Union Commissioner for Economic Development, Trade, Tourism, Industry and Minerals has hinted that Africa and the Caribbean
Read more
Expect Nigeria’s high inflation rate to further depreciate the naira – CBN
The Central Bank of Nigeria (CBN) has stated that Nigeria’s high inflation would further reduce the value of the Naira
Read more
Biden Administration Urges Fuel-Export Cuts to Restock Northeast
The Biden administration is warning refiners that it may take “emergency measures” to address fuel exports as stockpiles of gasoline
Read more
Muchanga advises Africas Private Sector to freely engage with the AU Commission on the AfCFTA
Mr Albert M. Muchanga, Commissioner for Economic Development, Trade, Tourism, Industry, and Minerals has advocated the propelling of African single
Read more
Chip exports to Russia plunged by 90% after curbs-U.S. official
Global exports of semiconductors to Russia have plummeted by 90% since the United States and allies slapped export controls on
Read more
Goldman Sachs expects over $1.2 billion losses from consumer unit this year
Goldman Sachs Group Inc’s internal projections show the bank’s consumer unit will record losses of more than $1.2 billion this
Read more
Shell will not pursue development of Linnorm gas field in Norway
Shell said on Thursday it would not continue with its plans to develop the Linnorm discovery in the Norwegian North
Read more
Shell will not pursue development of Linnorm gas field in Norway
Shell said on Thursday it would not continue with its plans to develop the Linnorm discovery in the Norwegian North
Read more
China bank protest stopped by health codes turning red, depositors say
A protest planned by hundreds of bank depositors in central China seeking access to their frozen funds has been thwarted
Read more
Fertiliser maker Yara says world faces extreme food supply shock
Norwegian fertiliser giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to avoid
Read more
PepsiCo raises revenue forecast boosted by higher prices
PepsiCo Inc raised its full-revenue forecast on Tuesday, aided by higher prices and a rebound in demand for its sodas
Read more
Ghana Stock Exchange Ends 2021 As Africa’s 2nd Best Stock Market
In both dollar and cedi terms, the Ghana Stock Exchange finished last year as Africa’s second best performing stock market.
Read more
Blackstone to invest 3 billion dollars in Invenergy Renewables
On Friday, Blackstone Inc (BX.N) announced a $3 billion investment in Invenergy Renewables Holdings Llc, North America’s largest private renewable
Read more