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oil

Niger Faces Economic Hardship as Ramadan Starts with Skyrocketing Prices

March 13, 2024 Geraldine Boechat 0

As Ramadan unfolds in Niger, the populace grapples with exorbitant prices, rendering essential commodities increasingly unaffordable. The recent transition of power has left the nation’s […]

Angola’s oil revenues fall by more than 20% in 2023

January 25, 2024 Geraldine Boechat 0

Angola’s oil revenues fell 21.3% in 2023 compared to the same period in 2022, reflecting the drop in the average price of a barrel and […]

Angola expects to raise 2 billion ME in year of implementation of single income tax

December 28, 2023 Geraldine Boechat 0

The Angolan state expects to raise 2 billion kwanzas (2.1 billion euros) in the year of implementation of the Single Tax on Corporate Income (IRPC), […]

Angola withdraws from OPEC in disagreement with oil quotas

December 22, 2023 Steven Addamah 0

Angola has decided to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), against a backdrop of disagreement over oil production quotas, deeming it […]

Angola inaugurates second phase of 39ME gas project in Soyo

December 15, 2023 Geraldine Boechat 0

Sonangol inaugurated Thursday December 14 the second phase of the Falcão project, an investment of 42.8 million dollars (38.9 million euros) that will supply gas […]

Zimbabwe: significant natural gas deposits found in north leave citizens unimpressed

December 9, 2023 Geraldine Boechat 0

Energy companies claim to have discovered natural gas in northern Zimbabwe, with the country’s government expressing hope that the discovery, if it can be exploited, […]

Sonangol wins award for Oil Company of the Year at African Energy Week

October 19, 2023 Steven Addamah 0

Sonangol once again won the National Oil Company of the Year award during African Energy Week, which took place in Cape Town. Gaspar Martins also […]

Oil companies have invested more than €1.8 billion in prospecting in Mozambique since 2006

August 22, 2023 Steven Addamah 0

Since 2006, oil companies in Mozambique have invested more than 1.8 billion euros in hydrocarbon exploration projects that are awaiting development plans or final investment […]

The Opec+ reaches an uneasy agreement on a production cut

June 5, 2023 Steven Addamah 0

An oil production cut is on the way. An agreement was reached by the 23 OPEC+ member States, producers of around 40% of the world’s […]

Mozambican government wants to audit about 24 State companies

May 31, 2023 Steven Addamah 0

The Institute for Management of State Holdings (Igepe), the body that manages the State business sector (SEE) in Mozambique, will audit the accounts from 2020 […]

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  • Mohammed VI Tower, Symbol of Morocco’s Modernity, inaugurated by Crown Prince Moulay El Hassan
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  • Malawi: Opposition Leader and Former Finance Minister Arrested Over Corruption Allegations
  • Tanzania, Kenya Deepen Diplomatic and Trade Cooperation
  • Pope Leo Begins 10-Day Africa Tour to Spotlight Continental Challenges
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