Oil surge hits Africa, weakening 29 currencies despite ceasefire.
Rising global oil prices, fuelled by tensions in the Middle East, are placing significant strain on African economies, weakening currencies, […]
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Madagascar announces an energy crisis amid fuel shortages triggered by tensions in the Middle East.
Madagascar has announced a 15-day nationwide energy emergency after fuel shortages spread across the country, driven by supply disruptions linked
Zenith Bank expands into East Africa through a Kenya acquisition.
Zenith Bank PLC has officially expanded into Kenya’s banking sector after finalising the complete takeover of Paramount Bank Limited, marking
Ghana discloses a $2.5 billion yearly trade deficit
Elizabeth Ofosu-Adjare, Ghana’s Minister for Trade, Agribusiness and Industry, has revealed that the country loses about $2.5 billion in export
Dangote reports March crude deliveries to Africa’s biggest refinery doubled.
The Dangote Petroleum Refinery received ten shipments of crude in March from the Nigerian National Petroleum Company Limited (NNPC), according
DBG announces $500 million financing facility to boost oil palm industry transformation.
The Chief Executive Officer of Development Bank Ghana, Prof. Randolph Nsoh-Ambala, stated that the government’s $500 million financing facility for
Nigerian onion exporters halt shipments to Ghana.
A new trade conflict has emerged between Nigerian and Ghanaian onion merchants, leading to a halt in cross-border shipments and
Oil prices remain volatile as Trump’s deadline for an Iran deal approaches.
Global oil markets have been volatile as the deadline set by US President Donald Trump for Iran to reopen the
The Iranian government declines the 45‑day ceasefire proposal.
Tensions across the Middle East are surging after Iran turned down a proposed 45-day ceasefire, demanding a permanent resolution to
Chinese logistics companies redirect operations from the Middle East as conflict drives up expenses.
Chinese logistics firms are reducing their presence in the Middle East as the ongoing war intensifies geopolitical risks and disrupts