Most Recent World News

Nigeria’s OPL 245 Breakthrough Unlocks Deepwater Reserves

Nigeria has achieved a major breakthrough in its upstream sector by finally resolving years of legal entanglement that had left a significant deepwater asset stranded, despite acquittals in Italian courts..

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What is Africa’s Blueprint for Mineral-Led Growth?

According to the 2025 Annual Survey of Mining Companies by the Fraser Institute, over 2,300 global mining executives ranked jurisdictions not only by geological potential, but by policy stability, taxation,.

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Record Solar Growth Positions Africa at the Global Energy Frontier

The shift towards renewable energy has gathered decisive momentum in recent years, with solar photovoltaic power now leading global electricity capacity additions. According to the International Energy Agency (IEA), solar.

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Zimbabwe Central Bank Holds Policy Rate at 35%

Zimbabwe’s central bank has chosen to keep its benchmark interest rate at 35%, despite inflation slowing sharply to 3.8% year-on-year in February 2026, indicating a deliberate shift to stability first,.

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South Africa’s 2026 Budget: Anchoring Fiscal Credibility into Law

South Africa’s 2026 National Budget marks a watershed in its public finance management. Presented by Finance Minister Enoch Godongwana in Parliament on 25 February 2026, the budget establishes a pathway.

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Ghana End-Harvest Deal: Strategic Shift from Raw Exports to Value Addition

Ghana is close to finalising a major “end-harvest agreement” with China, with policymakers framing it as a strategic inflexion point: zero-tariff access for key Ghanaian exports into one of the.

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Nigeria’s MPC Lowers Benchmark Rate to 26.5%, Retains CRR at 45%

‍Nigeria has reduced its benchmark interest rate by 50 basis points, bringing the Monetary Policy Rate down from 27 per cent to 26.5 per cent at the 304th meeting of.

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South African Budget in Focus: Fiscal Strategy and Debt Management Ahead

Across the global economy, governments are operating within narrower fiscal margins. Elevated sovereign debt, higher global interest rates and subdued growth have reshaped the policy landscape from Washington to Brussels.

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Egypt Launches Major 2026 Mediterranean Gas Drilling Programme

Egypt is preparing to develop its largest gas drilling programme in the Mediterranean, with drilling set to begin at the West Meina offshore field in North East Amriya. At a.

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Africa Outperforms as the Fastest-Growing Tourism Region

In 2025, Africa became the fastest-growing tourism region in the world. According to the latest edition of the UN World Tourism Organisation World Tourism Barometer, Africa recorded the strongest expansion.

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