Business

Taiwan has agreed to invest up to $4.4 billion in the Alaska LNG project and commit to buying 30% of its output over a period of 20 years, President Trump said, as quoted by AFP, during a campaign rally in Alaska. […]

The move would put the French state ahead of the Duval family in the shareholder register of a group whose African businesses supply minerals to international industry. Eramet operates in Gabon through Comilog and in Senegal through Grande Côte, linking […]

Botswana has been selected to host trading in shares of Dangote Petroleum Refinery and Petrochemicals FZE for Southern African investors, giving the relatively small stock market a prominent role in the continent’s largest initial public offering (IPO) to date. Collen Tapfumaneyi, chairman […]

Tanzania is nearing an agreement on its long-delayed $42bn liquefied natural gas (LNG) project, Finance Minister Khamis Mussa Omar said on October 13, although definitive accords remain unsigned. “It’s almost there,” Omar told Reuters in London, referring to the LNG agreement, which officials […]

The strong demand for AI has bolstered growth in China, India and other Asian countries and outpaced the ​overall growth in global trade, the IMF’s new chief economist Silvana Tenreyro ‌said on Tuesday. Global trade would have grown at a […]

Shell has spoken out against a plan by the Australian government to ensure domestic gas supply by mandating LNG producers to reserve certain volumes of their output for domestic use. “Fundamentally, it’s a sledgehammer to crack a nut. And it […]

Ghana is formalising a new channel for supplying gold-generated dollars to commercial banks, placing its state gold-trading agency at the centre of a key part of the foreign-exchange market. The Ghana Gold Board (GoldBod) said on October 5 it has […]

The Africa Credit Ratings Agency (AfCRA), backed by the African Union after nearly a decade of talks, will judge the creditworthiness of countries, businesses and institutions. The Indian Ocean island of Mauritius was chosen as the agency’s home, partly due […]

Taiwan’s Foxconn, the ⁠world’s ⁠largest contract electronics maker, ⁠reported on Monday a 47% jump in third-quarter ​revenue year-on-year that beat market estimates, fuelled by strong AI-related demand. • ‌Revenue for the July-September ‌quarter was T$3.03 trillion ($95.4 billion), well above […]

Kenya has secured a new investor to establish a $254.4 million cement factory in Kitui County, with construction expected to begin in November 2026. The development followed President William Ruto’s media engagement in Mombasa on Thursday, October 1, according to […]