Libya needs $3-4 billion to boost oil production, bidding round expected soon, oil minister says
Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek, told…
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Comoros president says he intends to hand power to his son
Comoros President Azali Assoumani has for the first time said publicly he intends to hand power to his son Nour El Fath when he leaves office in 2029, confirming critics'…
Thousands displaced as Congo M23 rebels near Goma in major advance
The advance marks a turning point for the M23 since it launched a fresh insurgency into Congo’s mineral-rich east in March 2022, analysts say. They never managed to gain this…
DR Congo justice ministry orders probe into state mining company embezzlement
Democratic Republic of Congo has launched a probe into the embezzlement of over $300 million from state miner Gecamines between 2012 and 2020, the justice ministry said in a statement…
Ghana delayed delivery of 370,000 t of cocoa in the 2023/24 season, official says
Ghana has delayed the delivery of 370,000 metric tons of cocoa in the 2023/24 season due to poor output, its food and agribusiness minister-designate told a parliamentary committee Monday, up…
Amazon opens Cape Town walk-in centre as strives for market-share
U.S. e-commerce giant Amazon.com (AMZN.O), opens new tab opened on Thursday a walk-in centre in South Africa that it says will help its independent sellers attract more customers and expand their businesses,…
At least seven people killed by army at Ghana’s AngloGold Ashanti mine
A Ghanaian small-scale miners' association on Sunday said soldiers killed nine unarmed people at an AngloGold Ashanti (AU.N), opens new tab mine on Saturday night, while the army said seven illegal miners…
Rains scarce in Ivory Coast cocoa regions last week
Rains were scarce in most of top grower Ivory Coast's main cocoa regions last week and more are needed to boost the April-to-September mid-crop, farmers said on Monday. Ivory Coast,…
Oil prices dip but post 4th straight weekly gain on US sanctions
Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent…
‘Bombed from the sky’: Nigerians decry another deadly airstrike on civilians
When vigilantes in northwestern Nigeria's Tungar Kara town prepared to go after an armed gang in a nearby forest last Saturday, residents cheered and prayed for their safe return. But…
Libya needs $3-4 billion to boost oil production, bidding round expected soon, oil minister says
Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek, told…
Head of Libya’s National Oil Corporation resigns
The head Libya's National Oil Corporation (NOC), Farhat Bengdara, has resigned due to "health issues," and Masoud Sulaiman has been appointed as acting chief, the state oil company said on…
Mozambique president appoints new finance, energy ministers
Mozambique President Daniel Chapo on Friday appointed Carla Louveira as finance minister and Estevão Pale as mineral resources and energy minister. Louveira was the deputy minister of economy and finance…
Botswana expects 2025 economic growth rebound on better diamond market
Botswana's economy is expected to grow 3% to 4% in 2025 after a contraction last year, a senior government official said at a budget workshop on Friday, as the global…
Congo jails three Chinese citizens in illegal mining crackdown
A Congolese court has sentenced three Chinese citizens to seven years in prison after they were arrested in possession of gold bars and $400,000 in cash and found guilty of…
Teenage actress takes on child marriage in role mirroring real life
The 15-year-old star of a film about a schoolgirl forced to marry an older man is evangelical about her role - despite the fact that her community in north-western Kenya…
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