Africa News World Bank pauses $150m funding for Tanzanian tourism project Aya Anwar Apr 23, 2024 0 The World Bank halted $150 million funding for a Tanzanian tourism project, responding to long-standing appeals…
Featured Anglo American revises diamond production forecast Aya Anwar Apr 23, 2024 0 Anglo American Plc has revised its diamond production forecast for the year downwards due to ongoing challenges in…
Energy Shell, TotalEnergies, Mitsui in talks with ADNOC to invest in UAE’s LNG export… Aya Anwar Apr 23, 2024 0 Shell, TotalEnergies, and Mitsui & Co. are in discussions to invest in Abu Dhabi National Oil Co. (Adnoc)…
Featured Aussie asset manager to close A$14b funds Aya Anwar Apr 23, 2024 0 First Sentier Investors, an Australian asset management firm owned by Mitsubishi UFJ Financial Group Inc., will…
Africa News Zimbabwe’s ZiG shfit quashes more than 330% ZSE surge in ’24 Aya Anwar Apr 23, 2024 0 Zimbabwe's recent currency shift has quashed a more than 330 per cent surge in the Zimbabwe Stock Exchange (ZSE)…
Africa News Angola aims to re-enter international bond markets in ’24 Aya Anwar Apr 22, 2024 0 Angola aims to re-enter the international bond markets this year with a $1 billion bond, Finance Minister Vera…
Africa News Morocco’s OCP initiates roadshow for international bond Aya Anwar Apr 22, 2024 0 Moroccan phosphate and fertilizer producer OCP has initiated an investor roadshow for an international bond, aiming…
Featured Egypt, UAE mull oil storage facility partnership Aya Anwar Apr 22, 2024 0 The Egyptian Prime minister is in discussion with the Emirate of Fujairah and Brooge Petroleum and Gas Investment…
Stocks EGX closes in red area on April 22nd Aya Anwar Apr 22, 2024 0 Egypt’s stock market (EGX) closed red on Monday. The main index, EGX30 dropped by 1.67 per cent, to 28,144.22…
Energy Aramco mulls 10% stake in China’s Hengli Petrochemical Aya Anwar Apr 22, 2024 0 Saudi Aramco is in talks with Hengli Group Co., Ltd. about potentially acquiring a 10 per cent stake in the Chinse…