Brazilian Petrobras Eyes Big Oil Prize in Namibia’s Waters
Brazil’s oil giant Petrobras is making waves in Namibia, eyeing a whopping 40% stake in the coveted Mopane oil and gas block. It is not […]
Business
Egypt: EGAS head highlights 11 new agreements in sector worth $925M during general assembly
Yassin Mohamed, Executive Managing Director of the Egyptian Natural Gas Holding Company (EGAS), announced on September 23 the signing of 11 new gas exploration and […]
Cape Verde: New company receives 127 applications for pilots
Transportes Aéreos de Cabo Verde (TACV) announced on September 23 that it has received 127 applications for pilot positions for its fleet of ATR aircraft […]
Moroccan Royal Atlantic Initiative presented at meeting chaired by Secretary of State Blinken in New York
The Atlantic Initiative for the Sahel launched by King Mohammed VI of Morocco was presented at a ministerial meeting, held in New York Monday, under […]
Ghana’s Economic Comeback: A Golden Recovery
Ghana’s economy is roaring back to life, clocking in at a jaw-dropping 6.9% growth in the second quarter of 2024. It’s like watching a heavyweight […]
Morocco, China to cooperate on water management
Morocco and China agreed on a 2025-2027 cooperation plan in the field of water management, including hydraulic infrastructure. Water minister Nizar Baraka and China’s deputy […]
Mozambique and Qatar finalize investment protection and promotion agreements
The governments of Mozambique and Qatar are working on concluding a package of agreements covering various areas of intervention, including a legal instrument aimed at […]
Nigeria Raises Fuel Prices as Dangote Refinery Begins Operations
On Monday, Nigeria’s state oil company, NNPC Ltd, raised petrol prices by 11%, marking the second price hike in two weeks. This increase came shortly […]
Mozambique has injected 52.2 ME to rescue two public aviation companies since 2020
The Mozambican government injected 3.7 billion meticais (€52.2 million) from 2020 to 2023 to financially rescue two public aviation companies, Aeroportos de Moçambique (ADM) and […]
Angola’s diamond reserves estimated at over 700 million carats
Angola has diamond reserves estimated at 732 million carats, potentially worth $140 billion (125.7 billion euros) at an average price of $200 per carat, according […]