Markets

Ghana, once hailed as a rising star in Africa’s oil industry, has seen its fortunes dwindle in the past year as global oil prices collapsed and the coronavirus pandemic hit …

Ethiopia has earned a whopping $47.5 million from selling electricity to its neighboring countries in the first half of the current fiscal year, according to the state utility firm Ethiopian …

Oil markets react to stalled Gaza peace negotiations and a falling dollar, driving prices higher in a volatile geopolitical landscape.

South Africa has become one of the few countries in the world to produce its liquid helium, thanks to a strategic partnership between Mahlako Gas Energy (MGE) and Renergen. MGE, …

Global Petroleum set sights on a £200-250 million market capitalization in 10 years with a focus on Africa opportunities, under the ‘Dan and Cecilia’ team.

Shell, one of the world’s largest energy companies, is close to finalizing the sale of its Nigerian onshore subsidiary, SPDC, to a local consortium for $2.4 billion. The deal, which …

South Africa’s Absa Purchasing Managers’ Index (PMI) takes a nosedive in January, pointing to significant challenges ahead for the nation’s economy.

Investec foresees a resurgence in South African mergers and acquisitions (M&A) as confidence returns, driven by improving economic indicators.

Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …

Nigeria’s government is planning to sell five power plants under the National Integrated Power Projects (NIPP) for about $1 billion, according to a report by BusinessDay. The move is part …