African Business

Afreximbank approves US$975 million facility for the Management Buy-Out of Oryx Energies

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has disbursed a landmark US$ 975 million financing facility to part-finance the Management Buy-Out of…

2 weeks ago

Afreximbank approves US$975 million facility for the Management Buy-Out of Oryx Energies

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has disbursed a landmark US$ 975 million financing facility to part-finance the Management Buy-Out of…

2 weeks ago

Venezuela’s Revised Hydrocarbons Law Ties Investor Terms to Asset Type

Venezuela’s amended Organic Hydrocarbons Law has opened several distinct routes into the country’s oil and gas sector, each suited to…

2 weeks ago

Radisson Hotel Group Introduces Africa’s First Verified Net Zero Hotel in Hoedspruit

Radisson Hotel Group (www.RadissonHotels.com) announces that Radisson Safari Hotel Hoedspruit (https://apo-opa.co/4yF9TGF) has become Africa’s first Verified Net Zero hotel, marking…

2 weeks ago

Congo’s Oil Revenue Reforms Could Strengthen Investment Outlook Ahead of Congo Energy & Investment Forum (CEIF) 2027

The African Development Bank (AfDB) has recommended that the Republic of Congo introduce an automatic mechanism to capture additional oil…

2 weeks ago

Industrial competitiveness takes centre stage at C&I Energy + Storage Summit Johannesburg

Rising electricity and water costs, changing energy procurement options and pressure to decarbonise are putting South Africa’s industrial competitiveness under…

2 weeks ago

South Africa: Deputy Minister Godlimpi Calls for New Approach to Financing Sugarcane Growers

The Deputy Minister of Trade, Industry and Competition, Mr Zuko Godlimpi, has called for a more coordinated and innovative approach…

2 weeks ago

African Energy Chamber (AEC) Applauds Afreximbank President George Elombi as Billions in Financing Drive Africa’s Industrial Growth

The African Energy Chamber (AEC) (https://EnergyChamber.org/) has commended Dr. George Elombi, President and Chairman of the Board of Directors of…

2 weeks ago

African Energy Chamber Stands in Solidarity with Gabon Following Sinking of Prospector 5 Offshore Rig

The African Energy Chamber (AEC) (https://EnergyChamber.org/) extends its deepest condolences to the people of Gabon, the families of the workers…

2 weeks ago

Libya Energy & Economic Summit (LEES) 2027 Places Infrastructure at the Center of Libya’s Energy Expansion with Dedicated Forum

Libya's push to expand oil and gas production is creating a parallel requirement for investment in the infrastructure needed to…

2 weeks ago