Nigeria is seeking to recover as much as $62 billion from international oil companies.
Nigeria Demands B from Oil Majors
The United Nations Economic Commission for Africa (ECA) and the African Union Commission (AUC) have assured Zimbabwe of continued technical support in assisting the country in its efforts to develop a national strategy to benefit from the African Continental Free Trade Area (AfCFTA) Source: African Review ECA, AUC pledge full support to Zimbabwe on AfCFTA…Details
In light of the success of the Year of Energy 2019, an initiative of the Republic of Equatorial Guinea, which is hosting many high-level investment conferences and roadshows in Malabo and internationally this year, the country will continue its outreach to global investors with the Year of Investment 2020 Source: African Review Equatorial Guinea launches…Details
The Board of Directors of the African Development Bank (AfDB) Group has approved loans of around US$229mn to fund the expansion of a highway that links major economic hubs in Kenya
Source: African Review
AfDB Group approves loans of US9mn for expansion of ‘Great North Road’
Oil held losses near a two-month low on fading prospects for a resolution to the protracted U.S.-China trade spat and signs American crude inventories expanded for a fourth week.
Oil Down as Swelling US Stockpiles Add to Trade Woes