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Business

Senegal Approves Payment for African Energy Bank

DAKAR, Senegal, December 9, 2025/ — Senegal has approved its share of payment for the African Energy Bank (AEB), which is expected to be paid before the end of 2025. Announced by Dr. Omar Farouk Ibrahim, Secretary General for intergovernmental organization the African Petroleum Producers’ Organization (APPO) on December 9 at the MSGBC Oil, Gas

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Libya Energy & Economic Summit (LEES) 2026 to Examine Infrastructure and Investment as Drivers of Libya’s Energy Growth

PRESS RELEASE TRIPOLI, Libya, December 8, 2025/ — Tripoli will host the fourth annual Libya Energy & Economic Summit (LEES) 2026 from January 24-26, 2026, in an expanded three-day format designed to fast-track infrastructure development and unlock large-scale investment required to drive Libya’s next phase of energy growth. Organized by Energy Capital & Power (ECP)

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MSGBC 2025: Africa Needs $375B to Develop Natural Gas Sector, Society of Petroleum Engineers (SPE) Says

DAKAR, Senegal, December 8, 2025/ — Africa requires an estimated $375 billion over the next 10 to 12 years to adequately fund upstream and midstream gas development across the continent, according to non-profit organization the Society of Petroleum Engineers (SPE). According to Dr. Riverson Oppong, Africa Director, SPE, who spoke during a workshop at this

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Africa’s Business Heroes (ABH) announces Jerry Yang as the newest Judge for the 7th Africa’s Business Heroes Summit and Grand Finale in Kigali

PRESS RELEASE KIGALI, Rwanda, December 5, 2025/ — The Africa’s Business Heroes (ABH) (https://AfricaBusinessHeroes.org) initiative is pleased to announce that Jerry Yang, Co-Founder of Yahoo!, Founding Partner of AME Cloud Ventures, and Board Director of Alibaba Group, will join the judging panel at the 7th ABH Summit & Grand Finale on December 12–13, 2025, in Kigali, Rwanda.

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African Development Bank approves landmark $1.78 billion strategy to support transformation of Namibia’s economy and create jobs

PRESS RELEASE PRETORIA, South Africa, December 5, 2025/ — The African Development Bank Group’s (www.AfDB.org) Board of Directors has approved a Country Strategy Paper (CSP) for Namibia committing $1.78 billion to support economic transformation and inclusive growth in the 2025-2030 period. The financing is expected to pave the way job for creation and economic diversification

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