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…
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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…
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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…
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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…
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South Africa’s Health Minister, Aaron Motsoaledi, has dismissed media reports claiming the country’s HIV response is in crisis, despite the government’s struggle to secure new funding, following US aid cuts. South Africa’s Health Minister refuted claims that the nation’s HIV response is in a crisis despite recent financial difficulties. The U.S. government significantly reduced its…
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The United States is deepening its military partnership with Côte d’Ivoire, including plans for a drone base, as part of a broader strategy to recalibrate its presence in West Africa following its withdrawal from Niger. The United States is increasing its military cooperation with Côte d’Ivoire to reestablish its strategic presence in West Africa. The…
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