The decision by OPEC+ to raise output by a modest 137,000 barrels per day (bpd) in December 2025 and then pause any further increases through the first quarter of 2026.
Over the years, Nigeria, Africa’s top oil producer, lived a paradox: exporting millions of barrels of crude oil daily while importing nearly all its refined fuel at inflated global prices..
The IMF’s October 2025 Regional Economic Outlook upgrades growth prospects across MENAP, projecting regional GDP growth of 3.2 per cent in 2025 and 3.7 per cent in 2026, up from.
On November 3, 2025, Angola’s National Oil, Gas and Biofuels Agency (ANPG) will seal an exclusive negotiation agreement with energy giant Shell to explore and develop Blocks 19, 34, and.
There’s a cultural and economic renaissance unfolding on the banks of the Nile, powered by the timeless currency of civilisation itself. Two decades of ambition, delay, and determination later, Egypt.
Ghana, long regarded as one of Africa’s stalwart gold producers, has embarked on its most ambitious mining industry audit in a decade. The move signals more than administrative housekeeping; it.
There’s a quiet revolution unfolding across Africa’s financial landscape, one driven not by aid or Western capital, but by the continent’s own institutions. As global financing tightens and traditional creditors.
Africa’s hydrocarbon endowment has re-emerged in policy debates as both a strategic asset and a test of governance. Senior Nigerian energy officials and regional leaders now frame a clear argument:.
When the Financial Action Task Force (FATF) announced that Nigeria, South Africa, Mozambique, and Burkina Faso had been removed from its grey list of countries under increased monitoring, it marked.
Imagine a country that once relied on coal for almost two-thirds of its electricity now deciding to walk away from coal entirely by 2040. That’s the commitment Morocco has made..
