Africa / News
Mali blockade deepens as jihadists choke vital trade routes
Mali’s junta has sought to reassure citizens after Islamist militants tightened a blockade on highways feeding the capital, torching lorries and kidnapping foreign drivers in a campaign analysts warn could strangle the economy.
Nigeria clears $18.2bn in oil and gas field development plans to lift output
The $18.2bn worth of approvals mark among the largest investment commitments in Nigeria's O&G sector since the 2021 Petroleum Industry Act (PIA) was adopted, underpinning the target to raise crude capacity above 3mn bpd.
Flydubai expands Kenya operations with new Nairobi flights and increased Mombasa services
Flydubai launches new Nairobi flights from October 15 and increases Mombasa to daily service, bringing total weekly Kenya flights to 11 as part of African expansion.
Small, medium-sized countries establish Future of Investment and Trade Partnership
UAE joins 13 countries in establishing Future of Investment and Trade Partnership to promote open trade, strengthen supply chains and address emerging economic challenges globally.
Nigerian president advances oil bill placing NNPCL under control of Finance Ministry, upstream regulator
President Bola Tinubu has endorsed a bill that would undermine the "independence" of NNPCL, shifting ownership to the Finance Ministry and handing new powers to upstream regulator NUPRC.