Kampala, Uganda | THE INDEPENDENT | Uganda signed a tripartite agreement with Tanzania and Zanzibar to deepen regulatory cooperation in the oil and gas sector.
Opec+ members are expected to continue unwinding 2.2 million barrels per day (bpd) of voluntary cuts and even start rolling back another 3.65 million bpd this year as the Iran-Israel war continues.
Motorists may want to fill up their tanks ahead of next week’s price adjustments as the escalating conflict between Israel and Iran could drive local pump prices by as much as P5 per liter next week.
The Central Bank of Nigeria (CBN) has ramped up efforts to strengthen foreign reserves, stabilize the naira, and boost dollar liquidity amid the ongoing rally in oil prices driven by heightened tensions between Israel and Iran.
Africa's 22 billionaires saw their combined fortunes surge to a record $105 billion (R1.9 trillion) this year, up from $82.4bn held by 20 individuals last year, the Forbes 2025 Africa billionaires report showed.
ADNOC Drilling is transforming into a technology-driven energy services leader, leveraging long-term contracts and AI innovation to deliver stable returns.