Under an agenda to accelerate on- and offshore hydrocarbon exploration and production, International Oil Companies and the Angolan government have awarded a number of lucrative service contracts in the past twelve months May 2, 2023/ECP While Angola already represents one of the largest oil producers in Africa, the country is […]
World News
FDIC looks to change deposit insurance policy following First Republic Bank failure
May 2, 2023/Fox Business The Federal Deposit Insurance Corporation (FDIC) is seeking to reform its deposit insurance system in the wake of recent instability at multiple U.S. banks. FDIC, a state-owned corporation responsible for insuring commercial and savings banks, is proposing three possible restructuring plans for future operations. “The recent […]
Economist: Dismantle Trade Barriers to Sustain Growth, Dangote Urges African Countries
…Commits over $20bn to Pan-African Investments May 1, 2023/Dangote Group Africa’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve sustainable growth and development across the continent. The leading private […]
