A $75 million loan deal has been agreed upon by the African Development Bank (AfDB) and Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. In a statement...
Tanzania’s central bank raised its benchmark interest rate on Thursday to fend off persistent inflationary pressure from events in the global economy, according to the governor...
Due to technical issues, some towns in Nigeria, especially those in Abuja, Lagos, and Nasarawa, are currently without power. Significant load constraints across many of its...
Nigeria’s $20bn Dangote refinery, inaugurated in May last year by former President Muhammadu Buhari, has begun the sale of Automotive Gas Oil, popularly called diesel, to...
The Nigerian government has put in place a virtual crude oil evacuation plan that involves moving petroleum from the production site to injection and storage sites,...
The price of natural gas for power production businesses has been revised by the Nigerian government to $2.42 per metric million British thermal units (MMBtu) as...
The Nigerian government has put in place a virtual crude oil evacuation plan that involves moving petroleum from the production site to injection and storage sites,...
According to sources at five different export companies quoted by Reuters, Ivory Coast, which is the world’s largest Cocoa producer, plans to increase the official cocoa...
According to the Nigerian government, the nation can now extract crude oil from more than 246 fields, and runs 188 platforms and production stations. Since Shell...
Next week, Egypt will get the first instalment of a larger loan from the International Monetary Fund (IMF), according to Prime Minister Mostafa Madbouly, who announced...