Tag: Economy
Kenya seeks G20 $298m debt holiday extension
Kenya may obtain additional debt relief from the Paris Club of international creditors to help lessen Covid-19 related financial distresses.…
Zimbabwe Plans to List Company Holding State Mining Assets
The nation's finance minister said that Zimbabwe, banking on mining to end two decades of economic stagnation, plans to list…
Libya’s Oil Output Falls as Pipelines Creak From War-Era Neglect
Since the closure of a leaking pipeline, Libya's oil production has fallen by around 200,000 barrels, underscoring how difficult it…
South Africa May Restart Covid Unemployment Relief, Unions Say
The Unemployment Insurance Fund of South Africa may restart payments to assist individuals unable to work due to the coronavirus…
Nigerian Senate President Promises Action on ‘Long-Delayed’ Oil Reform Law
The Senate president of Nigeria said that lawmakers will push the bill through the national assembly despite forces "working desperately"…
Senegal Eyes 2023 To Kickstart $4.8 Billion BP-Backed Project
According to Oil Minister Sophie Gladima of Senegal, the Grand Tortue Ahmeyim gas field development, straddling the offshore waters of…
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Abraham Accords: U.S To Revitalize Sudan’s Economy
By formally signing an agreement to normalize relations with Israel, Sudan took another significant step this week towards rejoining the…
Ghana ready to open sub-Saharan Africa’s first LNG-to-Power project
Ghana is set to open its first liquefied natural gas-to-power project in sub-Saharan Africa as it moves to position itself…
Zimbabwe to Fund Compensation for White Farmers with Mine Revenue
To help settle a $3.5 billion compensation claim from white farmers and settle a two-decade dispute that soured the country's…