Business

The World Bank has approved $60 million in financing to support the The Gambia to enhance the financial capacity of state-owned enterprises, strengthening revenue mobilization, improving economic governance and building …

Libya’s parastatal National Oil Corporation (NOC) has exported its first shipment of Erawin crude oil. Produced from the Erawin onshore field, the crude oil had been exported through oil and …

Tongxin Micro, an industry-leading semiconductor solution provider, and Valid, a provider of interoperable eSIM services around the world, have jointly launched a comprehensive eSIM one-stop solution for global OEMs. This …

SGS, the world’s testing, inspection and certification company, has announced the launch of a new certification scheme to help exporters succeed in the complex regulatory landscape of the East Africa …

British multinational oil and gas company Shell has disvovered a gas reservoir at the North East El-Ammiya block in the Mediterranean Sea, offshore Egypt. The discovery was made at 250m …

Multilateral development finance institution, the African Development Bank (AfDB), has approved a €14M million grant towards the RIMDIR Mini-Grid Electrification Project in Mauritania – a French Development Agency and World …

Several African National Oil Companies (NOC) have inked multiple agreements to enhance collaboration on the expansion of the energy industry as well as oil and gas development and capacity building. …

Since coming to power in May, Ahmed Bola Tinubu has sought to attract foreign investors to Africa’s largest economy, with reforms such as the abolition of fuel subsidies and the …

The ECOWAS Bank for Investment and Development (EBID) has signed an agreement with WEMA Bank Plc, Nigeria providing a USD50 Million line of credit to support Small and Medium Enterprises …