Glencore faces shutdown risk, plans 1,000+ layoffs as South Africa power woes deepen.
Glencore’s ferrochrome business in South Africa is under pressure, with the firm warning it could pull out of ongoing discussions […]
President
Finance Minister hosts first investor town hall since 2021, indicating a strong economic rebound.
Ghana’s Ministry of Finance has organised its first investor town hall meeting since 2021, bringing together investors, bankers, and bond
Uganda’s goods exports reach $1.45 billion amid a record surge in gold production.
In the last fiscal year, Uganda saw a notable increase in the value of its merchandise exports compared with the
WTO delegates convene in Yaounde amid major disagreements and demands for reform.
The 166 members of the World Trade Organization launched a crucial ministerial conference on Thursday in Yaounde, amid sharp disagreements
The mayor of Cape Town launches bid to lead the Democratic Alliance.
The mayor of Cape Town, one of South Africa’s premier tourist destinations, has expressed his intention to “foster trust” in
Africa’s top gas exporter turns crucial for Italy and Spain as Middle East conflict disrupts supply.
Italy is looking to boost natural gas imports from Algeria following an agreement between the two nations to deepen energy
Kenya intensifies its nuclear energy plans to strengthen electricity supply.
Since 2023, Kenya has formally proposed incorporating nuclear energy into its national electricity grid to meet growing power demands. Recently,
Africa’s third-biggest oil exporter plans to sell $2.5 billion in Eurobonds amid rising oil prices.
Angola plans to generate $2.5 billion by issuing dollar-denominated bonds, banking on increased oil prices linked to the ongoing Iran–Israel
Namibia halts Elon Musk’s Starlink from functioning in the country.
Namibia has refused permission for Elon Musk’s satellite internet company, Starlink, to operate within its borders, citing concerns over ownership
Egypt discovers a new energy resource in its desert region.
A new natural gas discovery has been made in Egypt’s Western Desert through a collaboration with U.S.-based Apache Corporation. The