News Stories
OPEC+ Members to Raise Oil Output by 137,000 Barrels a Day in October
Eight key OPEC+ members — Saudi Arabia, Russia, Algeria, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, and Oman — have agreed to…
Business
African Stories
President Boakai Endorses LPRC’s Direct Fuel Import Plan to Stabilize Market
President Joseph Nyuma Boakai has thrown his full support behind a landmark shift in Liberia’s petroleum sector, endorsing the Liberia Petroleum Refining…
Latest News
Trump’s Japan Tariff Deal Sparks Global Auto Stock Rally
Global financial markets, particularly the automotive sector, reacted with a significant surge today following President Donald Trump's announcement of a new trade…
African Stories
New US$16 Million Investment Bank to Empower Liberian Youth
Aimed at empowering its burgeoning young population, Liberia has officially launched a US$16 million Youth Entrepreneurship Investment Bank (YEIB). The initiative, officially…
African Stories
Tanzania Poised to Become a Significant Player in the Global Uranium Market
Tanzania is poised to become a significant player in the global uranium market, with the country's Minister for Minerals, Anthony Mavunde, announcing…
African Stories
Liberia, ECOWAS, World Bank Partner for Second Submarine Cable
Liberia is set to significantly enhance its digital infrastructure with the launch of a second submarine internet cable project, a collaborative initiative…
World News
ArcelorMittal: The Green Horizon and Ground-Level Realities
The global steel industry—once the backbone of industrial expansion—is now at a crossroads. Under intense pressure to reduce its carbon footprint, its…
Latest News
Oil Prices Fall as US-EU Trade War Fears Threaten Global Demand
Oil prices declined on Tuesday as escalating concerns over a potential trade war between major crude consumers, the United States and the…
African Stories
AfDB Targets Moroccan Women and Youth with €100m Climate-Smart Agri‑Loan
The African Development Bank (AfDB) has approved a €100 million (approximately $116.4 million) loan to support sustainable agricultural development in Morocco, with…
African Stories
World Bank Commits Extensive Backing to Mozambique’s $6.4 Billion Hydropower Project
Mozambique is poised to receive substantial financial backing from the World Bank for its ambitious Mphanda Nkuwa hydropower plant, a cornerstone project…
African Stories
Liberia to Launch Youth Investment Bank as AfDB President Dr. Akinwumi Adesina Begins Farewell Visit
Liberia is set to roll out one of its most ambitious youth development initiatives to date — the Youth Entrepreneurship Investment Bank…
African Stories
Egypt Partners with Morocco’s Central Bank to Test Cross-Border Digital Currency
Morocco's central bank, Bank Al-Maghrib (BAM), is actively exploring the implementation of its own central bank digital currency (CBDC), with a particular…