Eswatini
Africa FX in 2025: Cedi leads selective currency recoveries as policy and commodities drive gains
Africa’s FX market saw selective recoveries in 2025, led by Ghana’s cedi, which surged 28.6%. Strong commodity inflows and IMF-backed reforms also lifted Zambia’s kwacha and the Congolese franc, while peg-linked currencies delivered stability.
Hydropower poised to drive Africa’s clean energy future – IHA report
Hydropower, with 43.5 GW of installed conventional capacity, is becoming increasingly important for Africa’s development, supported by large national projects as well as smaller private-sector initiatives.
US Treasury targets Iran's National Oil Co. CEO in new sanctions push
The United States imposed a fresh wave of sanctions on Iran’s oil sector, targeting over 30 individuals and tankers, including the CEO of the National Iranian Oil Co. (NIOC), for facilitating the sale and transportation of Iranian crude.
Global access to energy starts to fall for the first time in a decade, says IEA
Population growth means that for the first time in a decade access to global energy has begun to fall despite the massive investment going into clean energy to fight the climate crisis, the International Energy Agency said in a new report.
Saudi Arabia hosts kingdom's first Africa summit, to boost ties, promote stability
Saudi Arabia is hosting its first ever Africa Summit, underscoring Crown Prince Mohammed bin Salman's (MbS) growing focus on African affairs.