World

By Ebi Kesiena British energy giant BP has announced plans to cut 4,700 staff jobs, approximately five percent of its global workforce, along with thousands of contractor roles as part of a cost-reduction initiative. The move...

By Ebi Kesiena The Ugandan presidency has requested Shs10 billion ($2.7 million) to procure new vehicles, citing the need to replace its ageing official fleet. Immaculate Namara, Assistant Commissioner in the Office of the President, emphasised...

By Emmanuel Nduka Afreximbank has announced an ambitious plan to enhance the competitiveness of African airlines by leasing 25 aircraft through its subsidiary. This move, disclosed recently by Helen Brume, the bank's project and asset-based Finance...

By Emmanuel Nduka After 15 months of relentless and destructive warfare, Israel and Hamas have finally agreed to a ceasefire, bringing an end to one of the deadliest and most contentious conflicts in recent memory. The...

By Ebi Kesiena Rwanda has confirmed its first-ever oil discovery, identifying 13 reservoirs in Lake Kivu, which straddles its border with the Democratic Republic of Congo (DRC). "We have oil," announced Francis Kamanzi, CEO of the...

By Ebi Kesiena Morocco has signalled its readiness to collaborate with international partners to develop sustainable and responsible mineral value chains. Morocco’s Energy Transition and Sustainable Development Minister, Leila Benali, reaffirmed the nation's dedication to fostering...