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Zambia is set to forfeit $100 million in revenue as a result of the dis...
Nigeria has forfeited an estimated $3.4 billion in potential oil revenue in 2026, as production shortfalls persist despite a sharp rally in global crude prices and renewed momentum on the $25 billion Nigeria-Morocco Gas Pipeline.
Nigeria has lost about $3.4 billion in potential oil revenue in 2026 due to persistent production shortfalls.This comes as ...U.S. investors are increasingly eyeing South Sudan’s mining sector as a potential frontier for growth, but concerns over transparency and security continue to deter meaningful investment.
The U.S. Embassy in Juba has raised concerns about South Sudan's lack of transparency and security, which discourages American investment.Ambassador Adler specifical...Kenya risks losing more than $480 million in yearly remittances from Gulf countries, particularly Saudi Arabia and the United Arab Emirates, as tensions in the Middle East begin to weigh on economic activity and threaten income flows for households reliant on overseas workers.
Kenya's business activity has contracted for the first time since August du...Africa is increasingly becoming a proving ground for Russia’s efforts to build a parallel financial network, as tightening U.S. sanctions push Moscow to explore alternative payment channels and cross-border settlement systems.
Russian cryptocurrency firm A7 is expanding into Africa to help Russia bypass Western sanctions.A7 aims to build a parallel pa...