Congo
Russia plans Africa summit in October as Moscow deepens Sahel ties
Russia will hold its latest Russia-Africa summit in October, according to officials involved in preparations for the event, as Moscow seeks to expand political, military and economic influence across Africa.
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AEC calls on African oil producers to remain in OPEC after UAE exit
The African Energy Chamber (AEC) has urged African oil-producing countries – Algeria, the Republic of Congo, Libya, Equatorial Guinea, Gabon and Nigeria – to remain within OPEC.
IMF: Africa shifts from external to domestic debt come with rewards and risks
A major transformation is underway in sub-Saharan Africa: Governments are increasingly shifting borrowing away from external debt and toward domestic debt. This trend brings fresh opportunities to build resilience and support development.
Number of people without electricity halved since 2000 – OWID
Most people in the world would think very little before flicking on the lights, charging a mobile phone or turning on a laptop to read this.
Istanbul-listed Aksa Enerji obtains $300mn six-year loan from Africa Finance Corporation
Funding will finance power plant investments across African continent.
Refined oil products caught in Iran war energy shock maelstrom
The sharp rise in refined oil product prices is intensifying the economic fallout from the latest energy shock, compounding the effects of disrupted crude flows and tightening supply chains.
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Hormuz tensions raise inflation and energy security risks for Africa, says senior investment analyst
A senior investment analyst examines how the ongoing Middle East military conflict and rapidly climbing oil and gas prices are affecting African economies, supply chains and cost of living.