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Shell may drop Norway offshore wind bid on business case concerns

Energy major Shell, opens new tab may yet pull out of an ongoing tender for Norway's first commercial offshore wind farm, with question marks remaining...

Ghana overseas debt restructuring seen delayed not scuppered by new finance minister

 International investors greeted the removal of Ghana's finance minister with caution on Wednesday, as they braced for the prospect of more delays to the restructuring of...

OPEC sticks to oil demand view, sees better economic growth

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and raised its economic growth...

For West African juntas, CFA franc pits sovereignty against expediency

Days after Burkina Faso, Mali and Niger announced last month they were quitting the West Africa political union ECOWAS, Burkina Faso's military ruler Ibrahim...

Global carbon markets value hit record US$949 billion last year

The value of traded global markets for carbon dioxide (CO2) permits reached a record 881 billion euros (US$948.75 billion) in 2023, marking a 2% increase on...

Breaking

World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

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...
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