Guinea protests

Shares trading in indebted Kenya Airways suspended for another year as restructuring falters

Trading in Kenya Airways shares has been suspended for another year, as the indebted national carrier battles to return to profitability and the country’s president says he wants to sell the government’s stake. Stocks in the troubled airline have not been traded since July 2020 in the midst of the Covid-19 pandemic, which devastated global […]

Niger: dispute with Benin, rebel attacks force junta to look for alternative oil export routes

Niger is considering routing its oil through neighboring Chad and Cameroon, instead of using a China-backed pipeline running from Niger to Benin’s coast, after protracted diplomatic disputes with the latter and a recent rebel attack that damaged the vital pipeline. The China-backed pipeline, which the junta in Niamey hoped would turn Niger into an oil-exporting […]

Nigerian National Petroleum Corporation to invest $12.5 Bln in Nigeria-Morocco Gas Pipeline

The Nigerian National Petroleum Corporation (NNPCL) will invest $12.5 billion to secure a 50% stake in the $25 billion Nigeria-Morocco gas pipeline project. This historic project is expected to set a record as the world’s longest offshore gas pipeline, covering some 5,600 km across 11 African countries. NNPCL and Morocco’s National Office of Hydrocarbons and […]