The ‘single story’ of African credit ratings
African credit rating agencies say the “Big Three” overestimate the risk of sovereign debt on the continent because they lack a deep understanding of its economies.
African credit rating agencies say the “Big Three” overestimate the risk of sovereign debt on the continent because they lack a deep understanding of its economies.
Senegal’s oil output comes from the offshore Sangomar oil and gas field, which began production in 2024.
CEO Nathan Nwachuku told Semafor that the company would expand output at its factory in Abuja and open a second one in East Africa this quarter.
The value of mining deals in Africa declined by 79% over the past five years, but some Gulf countries are looking to reverse that trend.
The developer, Midad Real Estate, is expanding its ambitions in the kingdom.
The trial comes as Japan and the West move to diversify the supply and refining of rare earths away from China.
The Danish drugmaker hopes the new oral version could revive its fortunes, with its share price and profits flagging in the past year.
The US Treasury Secretary’s remarks come as the US presses major oil companies to ramp up investments in the country.
The US Energy Secretary denies 'stealing' Venezuelan oil, despite a plan to hold revenues in offshore accounts under US control.