The African Energy Chamber (AEC) has presented the “African Energy Person of the Year” award to Nigerian businessman and industrialist Aliko Dangote, the founder, president and CEO of the Dangote Group.
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.
Argentina remains by far the largest debtor to the International Monetary Fund, underscoring the depth of its long-running financial crisis and its dependence on multilateral support.
Huayou Cobalt, a major Chinese battery materials producer, has been actively securing lithium, cobalt and nickel assets globally amid a domestic drive to strengthen supply chains for the electric vehicle sector.
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.
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.
Funding will finance power plant investments across African continent.
Ghana’s central bank governor says a synchronised improvement in key economic indicators reflects coordinated monetary and fiscal policy, as inflation, interest rates, and the currency stabilise after years of crisis.
US imports of Nigerian crude oil fell 47% m/m to 1.664mn barrels in January 2026, as Angola and Ghana increased shipments and Nigeria’s share of the US crude market dropped to 0.88%.
Through its core subsidiary, ZEN Petroleum Limited, the group ranks among Ghana’s top four oil marketing companies with an estimated 6% market share.
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.
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.