As global upstream capital tightens, the Africa Energy Bank is stepping in to unlock risk capital, crowd in partners and accelerate frontier exploration across Africa’s oil and gas sector January 30, 2026/African Energy Chamber While global exploration and production capital expenditure is set to reach $504 billion in 2026, the […]
Updates
Dangote, China’s XCMG Seal Strategic Partnership on Infrastructure, Mining and Green Equipment
Janaury 30, 2026/Dangote Group The Pan-Africa Conglomerate, Dangote Industries Limited has entered into a strategic cooperation agreement with XCMG Construction Machinery Co. Ltd, one of China’s leading construction and mining equipment manufacturers, in a move aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa. Under the […]
S&P Global Assigns ‘A/A-1’ Ratings with a Positive Outlook to AFC Reflecting its Robust Credit Profile
The agency pointed in particular to AFC’s capacity to structure and execute complex transactions, and to deploy capital across priority sectors where private financing alone is often insufficient January 29, 2026/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today welcomed the assignment of ‘A’ long-term and ‘A-1’ […]

