BP acquires 60% stake in three offshore exploration blocks Move follows growing interest from majors like TotalEnergies and Chevron Namibia targets first oil production by 2030 BP is stepping into Namibia’s fast-growing oil exploration sector, joining other global majors already active in the country. On April 13, the British energy group announced it had acquired a majority...

Government engages UAE investors to boost rice production Imports still cover about 55% of national consumption Large areas of arable land remain underused Côte d’Ivoire is looking to strengthen its rice production through new international partnerships, as part of efforts to reduce reliance on imports. On April 13, the Ministry of Agriculture hosted a delegation of Emirati...

(EBID) - The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) concluded its 24th Annual General Meeting (AGM) in Accra, Ghana, on April 8, 2026, with a strong determination and commitment to deploy incremental investments across the West African region in the next five years. The commitment underscores EBID’s accelerated drive to finance transformative...

$5.2 million pilot targets low-carbon, climate-resilient urban development Project aims to benefit over 85,000 residents in Nairobi Backed by global funding and up to $40 million in government support Kenya, in partnership with the United Nations Environment Programme (UNEP) and UN-Habitat, has launched a $5.2 million project aimed at turning Nairobi into a model for...

South Sudan plans to open embassies in Algeria, Brazil, Djibouti, Australia and Rwanda, plus a consulate in Kenya. Authorities keep the project at a preliminary stage with no official timeline. Budget pressures and economic fragility could delay implementation despite IMF forecasts of improvement. South Sudan plans to expand its diplomatic network by opening new embassies across several...

Liberia and Ethiopia sign agreements on AI, science and technology cooperation. The partnership focuses on knowledge transfer and joint projects across institutions and universities. Liberia aims to close infrastructure and capacity gaps while building a structured digital ecosystem. Liberia is seeking to accelerate its digital transformation by leveraging advances made by Ethiopia, as...

Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium” follows on June 10. The artist targets broader audiences while reaffirming his roots in Congolese music. Congolese artist Fally Ipupa is releasing a two-part album project to mark 20 years in the music industry, as he seeks to...

Vitol will invest $130 million via Vivo Energy to expand fuel storage in Durban. The project aims to double capacity to 500,000 m³ and strengthen national fuel reserves. New infrastructure could add 20–25 days of запас supply in case of disruptions. Vivo Energy, the South African subsidiary of Vitol, plans to invest $130 million to expand fuel storage capacity in Durban,...

African finance ministers in Washington flagged a worsening economic outlook, with IMF projecting continental growth slipping from 4.5% in 2025 to 4.2% in 2026. A Middle East war, collapsing bilateral aid (down 16–28% in Sub-Saharan Africa in 2025), and a looming debt framework review are converging for the first time. Ministers stopped short of quantifying the full damage — the IMF's own...

Thor Explorations plans to publish an optimized prefeasibility study incorporating new exploration results. The company targets a final investment decision in the second half of 2026 and production by 2028. The current plan outlines annual output of 82,000 ounces over 12.6 years with a $254 million investment. Thor Explorations is accelerating development of its Douta gold project in...