Sirte Oil Company has started production from a new Al-Hatiba gas well, adding 5 million cubic feet daily and lifting field output above 103 million…
Nasr Co for Civil Works Posts EGP 6 Million First-Half Loss Despite Revenue Growth
Nigeria’s central bank has eased discount window restrictions, restored longer-term repo operations and widened OMO access to improve liquidity management.
Child malnutrition is rising sharply in central Somalia as drought, conflict, displacement and falling aid funding push communities closer to famine.
Zambia’s mining industry wants stronger policy, exploration and power support to triple copper output as the country heads into a closely watched election.
Zambians vote as President Hakainde Hichilema seeks a second term, with debt restructuring, copper investment and living costs shaping the election.
Stanbic Kenya expects stronger second-half earnings as lower interest rates revive loan demand from retail customers, SMEs and key productive sectors.
Dangote Refinery is targeting a $5 billion IPO that could become Africa’s biggest listing, funding expansion and drawing investors across the continent.
Nigeria plans to shift to market-based domestic gas pricing within two years as pipeline expansion and stronger competition reshape the country’s gas market.
South African rand holds near a five-month high as traders await U.S. inflation data, while unemployment rises and government bonds come under pressure.
Africa Markets—Factors to Watch tracks oil, gold, U.S. inflation data and key developments in South Africa, Kenya, Somalia, DRC, Guinea and Nigeria.