Mozambique Cuts Policy Rate as Inflation Hits 13-Month Low
Mozambique’s Central bank on Wednesday reduced its main interest rate by 25 basis points to 9.25 percent, marking a second consecutive cut following a similar […]
Natural Gas
Mozambique Expects Economic Recovery in 2026, Driven by Gas and Mining Projects
The Bank of Mozambique projects a gradual economic rebound in 2026, supported by major investments in natural gas and mining. Governor Rogério Zandamela, speaking at […]
Natural Gas Dethrones Coal as Mozambique’s Top Export
Mozambique’s natural gas exports surged to $567.7 million in the first quarter of 2025, a 28% year-on-year increase that officially unseated coal as the nation’s […]
Angola Bets on Gas Boom as Oil Output Stalls Post-OPEC Exit
Angola is shifting its energy strategy toward natural gas as oil production stagnates, despite its exit from OPEC. Azule Energy, a BP-Eni joint venture, recently […]
Cameroon extractive industries generated 888 billion CFA
Extractive industries generated 888 billion CFA francs in the state coffers of Cameroon, thanks to the signing of new oil deals and the promulgation of […]
Nigerian oil workers start nationwide strike
Nigeria’s Petroleum and Natural Gas Senior Staff union (PENGASSAN) has launched a nationwide strike on Monday over the dismissal of its workers, local media reports. […]
Nigeria oil workers call off strike after talks
A strike at Nigerian National Petroleum Corp (NNPC) has been suspended after talks between the Minister of State for Petroleum, Ibeh Kachikwu, and the workers’ […]