Technip Energies (EPA: TE) has secured a contract worth more than $1.15bn for the Coral Norte floating LNG project offshore Mozambique, a major step in the development of one of Africa's largest gas provinces.
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.
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.
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.