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Major internet outage hits West and Central Africa

A major internet outage affected West and Central Africa on Thursday, the internet observatory Netblocks said, as operators of multiple subsea cables reported failures. The...

Shell scales back 2030 carbon emissions target

Shell, opens new tab weakened its 2030 carbon reduction target and scrapped a 2035 objective, citing expectations for lower power sales and strong demand...

IEA sees economic headwinds putting damper on demand growth

The settling down of post-pandemic turbulence and a cloudy economic outlook will rein in demand growth this year, the International Energy Agency (IEA) said...

Gold rebounds on dollar retreat as Fed still seen cutting rates

Gold prices rose on Wednesday, buoyed by a weaker dollar, as investors held on to hopes of a June rate cut by the Federal...

African cocoa plants run out of beans as global chocolate crisis deepens

Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources...

Breaking

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...
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