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Business
IEA Forecasts Sharper Decline in 2026 Oil Demand Amid Hormuz Closure

The International Energy Agency on Wednesday projected a larger decline in global oil demand this...

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August 12, 2026

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HDFC Bank Raises $1bn via PerpNC5 at 3.7%

HDFC Bank raised $1bn via a debut dollar bond, a PerpNC5 AT1 at a yield of 37%, a solid 425bp...

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August 12, 2026

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Dangote’s $16 billion Kenya refinery could break ground sooner than expected

In a recent BBC interview, Dangote stated that negotiations with the Kenyan government had advanced...

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August 10, 2026

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Africa’s largest lithium producer approves US$1.59 billion in new investments as mining and manufacturing take nearly 80%

The Zimbabwe Investment and Development Agency (ZIDA) issued 284 new investment licences during the...

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August 7, 2026

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Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks

The Yemeni Houthis have struck Saudi Arabia’s southern province of Najran in the latest flare-up...

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August 7, 2026

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India Hopes To Take Over Operation Of Venezuelan Oil Fields From PDVSA

India’s ONGC is poised to take over operation of two Venezuelan oil projects from state-owned...

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August 6, 2026

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