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Africa sees winners and losers as Iran war pushes up oil prices

Iran war broke out. Last month, the AFC warned that the continent is on course for an 86-million-tonne fuel shortfall by 2040, underscoring the widening gap between domestic production capacity and growing energy

Africa’s richest man plans new Mombasa oil refinery: Why this matters

African countries are actively seeking ways to make energy more secure, following huge global disruptions amid the US and Israel’s war on Iran and Tehran’s subsequent closure of the Strait of Hormuz, through

G7 meeting in France: What’s on agenda, who is attending?

Africans, who are less than 10 percent of the country’s population, own more than 70 percent of the land. Besides world leaders, AI executives from Anthropic, OpenAI, Google and Mistral AI are expected

Uncertainty looms as last oil tanker from Middle East arrives in California | First Thing

prices. While costs have risen in recent weeks, supply has not yet been severely affected as markets have continued to receive oil that was already in transit when the strait of Hormuz was closed. Meanwhile