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Category: Features
Shell’s write-down of Namibia’s offshore oil discovery ‘merely speed bump, not road block’
In a blow to Namibia's efforts to become a crude producer, the British energy giant Shell has announced a $400 million write-down related to an ... Read More
South Sudan restores crude oil production and export via Sudan as force majeure is lifted
The South Sudanese government and key oil companies have jointly announced the resumption of oil production and export at its Blocks 3 and 7 in ... Read More
Nigeria, Malawi and Rwanda have Africa’s worst-performing currencies in 2024
Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, ... Read More
Ghana enhances support for Morocco, suspends diplomatic relations with the Polisario Front
The Republic of Ghana has decided to suspend its diplomatic relations with the Polisario Front, according to an official document sent Tuesday from Ghana’s Ministry ... Read More
Start-ups in Africa raised $2.2b in 2024, pushed by mega deals, 25% drop from 2023
Start-ups in Africa cumulatively raised $2.2 billion in equity, debt, and grants (excluding exits) in 2024, and though it is a significant figure in absolute ... Read More
China’s FM on ‘charm offensive’ in Africa amid changing geopolitical realities
China’s top diplomat has embarked on his traditional New Year tour of Africa that will take him to Namibia, the Republic of Congo, Chad, and ... Read More
With Africa’s ‘France Out’ campaign gaining momentum, Paris’s influence set to erode further — experts
France faces a significant challenge to its influence in West and Central Africa as Chad, Senegal and most recently also Ivory Coast have announced the ... Read More
Spain’s Canary Islands break new record of 46,843 irregular migrant arrivals in 2024
Spain has announced it set a new record for migrant arrivals in 2024, having received 63,970 people who entered Spanish territory irregularly by land or ... Read More
Sudan’s military leader rules out pre-conflict reconciliation with paramilitary RSF
Any return to the pre-conflict status with the rival Rapid Support Forces (RSF) is off the table, Sudan's Sovereign Council leader said during the country's ... Read More
DRC looks ahead to 2025 with uncertainty, as rebels slay at least 21 in country’s east
As the world prepares to welcome 2025, a sense of sorrow and unease hangs over the resources-rich eastern region of the Democratic Republic of the ... Read More