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The Nigerian government plans to rebase its CPI and GDP by 2025, aiming to enhance economic accuracy by including the informal sector. This move seeks to boost investor confidence and …
Nigeria’s Economic Strategy: Rebasing GDP Amidst Challenges Read More
Gran Tierra Energy Inc. has reported its seventh oil discovery in Ecuador, confirming the potential of the Arawana/Zabaleta field. The company is also divesting 50% of its Simonette Montney assets …
Gran Tierra Reports Oil Discovery and Strategic Asset Divestiture in Ecuador Read More
On November 22, Brazil’s Grupo Matrix Energia and Argentina’s TotalEnergies signed a deal with Bolivia’s YPFB to transport natural gas from Argentina’s Vaca Muerta formation. This agreement enables YPFB to …
Brazil and Argentina Engage in Agreement with Bolivia’s YPFB for Gas Transportation Read More
The EU is providing a €190 million ($200 million) loan to Morocco for recovery efforts following a severe earthquake in September 2023. Over 3,000 people died, leading to substantial international …
EU Provides $200 Million Loan to Morocco for Earthquake Recovery Read More
The COMESA report indicates that cooking oil prices in Kenya were overcharged by 21%, costing consumers KSh 67.7 billion from July 2021 to December 2022. The findings show that prices …
COMESA Report Reveals 21% Overcharge on Cooking Oil Prices in Kenya Read More
The IMF has expressed its support for Egypt’s ongoing reforms aimed at economic stability, assessed the economic impact of floods in Spain as localized, and noted signs of recovery in …
IMF Reaffirms Support for Egypt and Addresses Economic Conditions in Spain and Argentina Read More
The IMF has expressed commitment to support Egypt’s economic reforms and aid amid regional challenges, with potential financial assistance following a crucial review. Condolences were offered to Spain for recent …
IMF Support for Egypt’s Reforms and Economic Stability Initiatives in Spain and Argentina Read More
The IMF pledged its support for Egypt’s economic reforms and reviewed its financing needs, while also assessing the impact of floods in Spain and the economic stabilization efforts in Argentina, …
IMF’s Support for Economic Reforms in Egypt, Spain, and Argentina Read More
Brazil has signed a memorandum of understanding with Argentina to import natural gas from the Vaca Muerta formation, aiming for 30 million cubic meters per day by 2030. This initiative …
Brazil Advances Plan for Importing Argentine Natural Gas from Vaca Muerta Read More
Gold prices in India are currently cheaper than in Oman, UAE, Qatar, and Singapore, primarily due to rising geopolitical tensions in the Middle East that have increased gold demand and …
Gold Prices in India Cheaper Than Middle Eastern Markets Amid Global Trends Read More