Nigeria’s $40 Million Startup Fund Supported by Japan: A Boost for Entrepreneurs
Nigeria plans to create a $40 million startup fund backed by Japan, managed by the Nigeria Sovereign Investment Authority. This...
Companies
Resurgence of the Mozambique LNG Project: $5 Billion Loan Secured
The US Export-Import Bank has approved a $5 billion loan for the Mozambique LNG project led by TotalEnergies, following a...
Lotus Resources Confirms Potential of Letlhakane Uranium Project in Botswana
Lotus Resources has completed its scoping study for the Letlhakane Uranium Project in Botswana, confirming a production potential of 3...
Increase in Brazil-North China Capesize Freight Rates Amid Caution
Freight rates for Capesize vessels on the Brazil-North China route have risen, but market participants are cautious due to weak...
Mozambique’s Dollar Bond Gains After U.S. Clears $5 Billion LNG Loan
Mozambique's sovereign dollar bond rose by nearly 2 cents following U.S. approval of a delayed $5 billion loan for a...
M23 Militia Profits from East DRC’s Mineral Wealth Linked to Rwanda
In eastern Democratic Republic of Congo, the M23 militia, supported by Rwanda, has taken control of mineral-rich areas since 2021....
Concerns Raised Over Credibility of Ghana’s 2025 Budget Figures
Dr. Mohammed Amin Adam, former Finance Minister, criticized the Ghanaian 2025 Budget's credibility, particularly its fiscal projections and the government's...
Ghana’s State-Owned Enterprises Experience Alarming Financial Losses
Dr. Cassiel Ato Baah Forson, Ghana's Finance Minister, highlighted severe financial losses faced by several State-Owned Enterprises from 2021 to...
Atlantic Lithium Advances Ewoyaa Project with Key Permits and Funding Efforts
Atlantic Lithium has successfully navigated critical permitting steps for its Ewoyaa Lithium Project in Ghana, securing all necessary approvals to...
Renaissance Completes Acquisition of Shell’s $2.4 Billion Asset in Nigeria
Renaissance Africa Energy Holdings has completed the acquisition of Shell Petroleum Development Company of Nigeria for $2.4 billion, rebranding SPDC...
