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Business

Senegal to Launch Pipeline Network Construction Before End of 2025

DAKAR, Senegal, December 10, 2025/ — Senegal’s state-owned midstream company Reseau Gazier du Sénegal is set to begin construction of a domestic gas pipeline network before the end of 2025, according to Birame Soulèye Diop, Minister of Energy, Petroleum & Mines of Senegal. Minister Diop made the announcement during the ministerial panel at MSGBC Oil, Gas &

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Gambia National Petroleum Corporation (GNPC) Urges Stronger Regional National Oil Company (NOC) Partnerships at MSGBC Energy Event

DAKAR, Senegal, December 10, 2025/ — The Gambia’s national oil company (NOC), Gambia National Petroleum Corporation (GNPC), has urged regional NOCs in West Africa to partner on accelerating exploration across the country’s onshore acreage. The call was made by Cany Jobe, Director of Exploration and Production at GNPC, during the Leveraging Frontier Discoveries for Growth in West

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The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Supports EUR 132.5 Million Financing to Strengthen Uzbekistan’s Steel Industry

JEDDAH, Saudi Arabia, December 9, 2025/ — The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is pleased to announce its support for a landmark EUR 132.5 million financing arranged by Standard Chartered for Joint-Stock Company “O’zbekiston Metallurgiya

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African Development Bank, Pan African Federation of Accountants launch $5.2 million initiative to professionalise African accountancy sector

JOHANNESBURG, South Africa, December 9, 2025/ — The African Development Bank Group (www.AfDB.org) and the Pan African Federation of Accountants (PAFA) have launched a $5.2 million institutional support project to address a severe shortage of qualified public sector accountants and auditors across Africa. The launch event was held on 26 November at The South African Institute of Professional Accountants

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Afreximbank says Africa must raise factoring volumes to at least €240 billion to support Small and Medium Enterprises (SME)-led transformation

ABIDJAN, Ivory Coast, December 9, 2025/ — Afreximbank (www.Afreximbank.com) has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and building resilient value chains across the continent. Speaking at Afreximbank’s annual Factoring Workshop in Abidjan, Côte d’Ivoire, Mrs Kanayo Awani, Executive Vice President,

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