The International Court of Justice (ICJ) on Monday ruled that Equatorial Guinea holds legal sovereignty over a cluster of small islands in the potentially oil-rich waters in the Gulf of Guinea. This ruling marks the end of a decades-long territorial dispute with neighbouring Gabon. The International Court of Justice (ICJ) ruled Equatorial Guinea holds sovereignty…
President Cyril Ramaphosa will use his visit to Washington this week to promote investment opportunities for Elon Musk’s companies, as part of a broader push to improve relations with Donald Trump. South African President Cyril Ramaphosa aims to improve relations with the United States during his visit to Washington. Ramaphosa plans to discuss investment opportunities,…
As per the recent monthly oil-report by the Organization of the Petroleum Exporting Countries (OPEC), in April, the OPEC Reference Basket (ORB) value fell by $5.02, or 6.8%, month on month, to average $68.98/barrel. The OPEC Reference Basket (ORB) value dropped by 6.8% in April, averaging $68.98 per barrel. Year-to-date, the ORB value is $74.82…
U.S. diplomats in Africa will now be evaluated based on the commercial agreements they help secure, rather than the amount of aid distributed. The U.S. now prioritizes commercial agreements over aid distribution in African diplomacy. U.S. ambassadors secured $6 billion in commercial deals in Africa during Trump’s term’s early days. Support for the Lobito rail…
China recently disclosed intentions to create an electric vehicle (EV) plant in Africa’s most populous nation and one of its largest economies, Nigeria. China plans to establish an electric vehicle (EV) manufacturing plant in Nigeria. The announcement aligns with a broader strategy to boost Nigeria’s industrialization and strengthen its partnership with China. During discussions, the…
French state-owned nuclear fuel company Orano is considering selling its uranium assets in Niger. French nuclear company Orano is considering selling its uranium assets in Niger. Orano filed a legal complaint against the illegal detention of its staff and confiscation of its properties in Niger. The dispute intensified when Niger’s military authorities took control of…
