The debt crisis facing the world’s poorest economies is reaching new highs and debt servicing is eating up a growing share of revenues at the expense of spending on development, the United Nations ...

Global trade tensions and a potential value-added tax hike in South Africa could derail two years of slowing inflation, the country’s central bank governor said on Tuesday. Speaking on the sidelines ...

Portuguese oil company Galp GALP.LS said on Tuesday it had found significant presence of light oil and gas condensate in a fifth well in Namibia’s Mopane field, opening up new exploration ...

Trading houses Vitol and Glencore will receive $380 million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole liquefied ...

Britain on Tuesday said it would pause some bilateral aid to Rwanda and impose other diplomatic sanctions on Kigali over its role in the conflict in neighbouring Congo. Rwanda is facing global ...

People shop at a fresh food market in Oyingbo, Lagos, Nigeria December 17, 2021. Picture taken December 17, 2021. REUTERS/Nneka Chile/File Photo ABUJA, Feb 25 (Reuters) – Nigeria’s economy grew 3.84% ...

Nigeria’s state oil firm NNPC on Tuesday announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in ...

Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and ...

Cocoa production in Ivory Coast in the 2024/25 season is on course to remain around last season’s disappointing level after adverse weather and crop conditions continued, the country’s agriculture ...

Grain crops in the European Union were still mainly in good condition by mid-February, but excess moisture in France and ...

South Africa’s rand was stable early on Tuesday as U.S. President Donald Trump’s tariff plans, uncertainty over fiscal policy and stance in the geopolitical arena weighed on U.S. markets. The rand ...

On the next episode of State of Africa, we’re handing the mic to those who don’t just talk about change, they live it. We speak to key voices who have first-hand experience and insight into the ...