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Benin and Togo owe Nigeria $8.84 million for electricity from Q4 2024. The NERC reports a payment rate of 37.08% from international customers and a 63.36% from domestic ones. Ajaokuta …
Benin and Togo Owe Nigeria $8.84 Million in Electricity Debt Read More
The US Export-Import Bank has approved a US$4.7 billion loan for TotalEnergies’ Mozambique LNG project, crucial for overcoming obstacles posed by local terrorism. Initially supported in 2019, the project faced …
US Provides $4.7 Billion Loan to Controversial Mozambique LNG Project Read More
Ecuador’s energy ministry reported a new fuel leak in the Amazon, describing it as an “attack” following a previous significant spill. This situation has raised concerns about water safety and …
Ecuador’s Energy Minister Calls New Fuel Leak in Amazon an ‘Attack’ Read More
Nigeria will begin repaying a $500 million loan from the World Bank in 2029, with the loan focused on enhancing primary healthcare services. It entails a structured repayment plan over …
Nigeria to Commence $500 Million Health Loan Repayment in 2029 Read More
Binance is embroiled in three legal cases in Nigeria, facing a potential $81 billion fine for allegedly harming the nation’s economy. The exchange is also involved in criminal cases related …
Binance’s Legal Challenges in Nigeria: An $81 Billion Case and More Read More
Tanzania’s mineral recovery value rose by 24.3% to $1 billion, largely due to gold, which made up 79.4% of this total. Stakeholders commend gold purchases by the central bank and …
Tanzania’s Mineral Recovery Value Surges, Gold Leads Growth Read More
Egypt’s economy is currently stable due to a rescue by the UAE and the IMF, reversing prior instability. Key investments and reforms are yielding positive economic readings and attracting international …
Egypt’s Economic Stability: Impacts of Foreign Investment and Reform Read More
Iraq’s economy grew by 1.4% in the past Iranian year, indicating recovery from a previous contraction. This growth is influenced by increased oil production and stability in oil prices. However, …
Iraq’s Economy Grows by 1.4%: Indicators of Recovery? Read More
In January 2025, grey cement production in Colombia fell by 5.9% to 0.95Mt, while domestic shipments decreased by 3.0%, reflecting lower demand in the construction industry. Cumulative production from February …
Colombia Sees Decline in Cement Production in January 2025 Read More
China intends to boost its strategic reserves of critical industrial metals, such as cobalt, copper, nickel, and lithium, to enhance supply stability amid rising energy transition demands and geopolitical issues. …
China Plans to Enhance Strategic Reserves of Key Industrial Metals Read More