Togo-obtains-15-million-from-Khalifa-Fund-for-SME-SMI-financing

Trump’s new tariffs set to reshape U.S.-Africa trade relations

The United States has unveiled a sweeping new tariff regime affecting 185 countries, including 51 African nations, with rates ranging from 10% to 50% depending on each country’s existing duties on American imports. Set to take effect April 5-9, these “reciprocal tariffs” represent President Donald Trump’s latest effort to address what he termed in an […]

Exxon Mobil Taps into Mauritania’s Offshore Oil & Gas

Exxon Mobil and Mauritanian authorities have signed three production-sharing contracts for three deep-water exploration blocks. “These blocks further enhance ExxonMobil’s leading global deep-water acreage position,” said Steve Greenlee, president of ExxonMobil Exploration Company in a statement. “We thank the government of Mauritania for the opportunity to evaluate the potential of this acreage using our expertise […]

France orders seizure of Nigerian presidential jets over dispute with Chinese company

A French court ordered the seizure of three Nigerian presidential jets in an arbitration case filed by a Chinese company alleging a breach of contract by the West African country, the Financial Times said. The Chinese company, Zhongshan, initiated arbitration proceedings against Nigeria in 2018 accusing the government of failing to uphold its commercial commitments. […]