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Central Africa
West Africa
Eastern Africa and the Horn
Southern Africa and islands
North Africa

Spotlight | Africa
From Cape Town to Gulf of Guinea, Brazilian giant Petrobras' African renaissance

Brazil’s President Luiz Ignacio Lula da Silva talks to Petrobras President Magda Chambriard, in Rio de Janeiro State, Brazil, on 13 September 2024. © Pablo Porciuncula/AFP

Brazil's state-owned Petrobas is making a comeback in oil exploration in Africa. A host of countries are jockeying to attract the oil giant, which has however reportedly reduced its investment budget for 2025 by several billion dollars.

Subscribers only Energy

Central Africa

Cameroon
Sam Jonah's battery metal plans with Tronic Metals

Prominent Ghanaian mining figure Sam Jonah has become the new chair of Geovic Cameroun just as Tronic Metals, a Canadian company he owns a large share of, is finalising its purchase of Geovic's Nkamouna cobalt project.

Subscribers only Mining

Congo
After Francophonie snub, Sassou-Nguesso expected in Russia for BRICS summit

Denis Sassou-Nguesso is to head to Kazan, Russia, for the 16th BRICS summit on 22 to 24 October.

Subscribers only Diplomacy

West Africa

Liberia
Last-chance negotiations between Monrovia and Solway mining group

Joseph Boakai and Lakshmi Mittal. © Seyllou/AFP // R4200/picture-alliance //MaxPPP

The Swiss group is trying to negotiate a compensation agreement with the Liberian authorities for the loss of its mining permit. In the meantime, it is pursuing its arbitration case, leaving Liberia faced with the threat of having to pay out several hundred million dollars.

Subscribers only Mining

Nigeria
Majors hit with fresh delays as NLNG Train 7 goes further off track

This facility, designed to produce eight million tonnes of liquefied gas a year, was originally scheduled to come on stream in 2025.

Subscribers only Energy

Eastern Africa and the Horn

Rwanda
TotalEnergies sponsors Rwandan sports diplomacy to show appreciation

Anthony Turgis, a rider with the TotalEnergies cycling team, on the Tour de France, 7 July 2024. © Thomas Samson/AFP

The oil major knows how to be generous where it comes to Kigali, whose troops will allow TotalEnergies to resume its gas project in the troubled Mozambican region of Cabo Delgado after a four-year hiatus.

Subscribers only Energy

Kenya
Odinga's departure prompts ODM infighting

Senior executives of the Orange Democratic Movement, Kenya's second largest political party, are not taking kindly to the promotion of Kisumu Governor Peter Anyang' Nyong'o as interim leader. In addition to his age and attitude towards them, Nyong'o's pro-government line has distanced him from many ODM executives.

Subscribers only Politics

Southern Africa and islands

South Africa
Ramaphosa sits on petroleum law despite impatient investors walking

South Africa's future Upstream Petroleum Resources Development Bill, approved by parliament in April, is still awaiting the signature of President Cyril Ramaphosa.

Subscribers only Energy

North Africa

Libya
Abdelhamid Dabaiba looks east for foreign minister

Abdelhamid Dabaiba intends to replace Foreign Minister Najla el-Mangoush, who was sidelined in 2023. The person who will take on this strategic post must reinforce local alliances and provide regional stability.

Subscribers only Politics

Morocco
Quebecois and Moroccan business leaders lobby for free trade deal

A meeting is being held this week in Montreal between representatives of the Moroccan and Quebec employers' associations.

Subscribers only Business

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