Ghana’s GoldBod to sell gold-generated dollars directly to banks under new FX framework
Ghana is formalising a new channel for supplying gold-generated dollars to commercial banks, placing its state gold-trading agency at the centre of […]
Africa Launches Credit Rating Agency To Counter Global Rating.
The Africa Credit Ratings Agency (AfCRA), backed by the African Union after nearly a decade of talks, will judge the creditworthiness of […]
Trump touts Korea as source of funding for long-desired Alaska gas project
President Donald Trump on Wednesday announced that he had secured a deal with the Republic of Korea to spend $54 billion on […]
Taiwan Allocates $13 Billion to Shield Consumers From High Energy Costs
Taiwan is allocating the equivalent of $13 billion for energy cost support for state power generation company Taipower and refiner CPC, Reuters […]
Africa’s top gold producer issues pre-closure warning to Chinese-owned mine over alleged unreported spill
Michael Ayamga, deputy chief executive for operations at the Environmental Protection Authority, told Reuters that the notice partly concerned a tailings pipeline disconnecting and […]
Oil Prices Climb as Trump Rules Out Easing Iran Sanctions
Crude oil prices ticked higher today, after dipping on Tuesday, following reports that President Trump has no intention of easing sanction pressure […]
Ghana’s cocoa regulator pitches $1.4 billion domestic financing plan
Ghana Cocoa Board (COCOBOD) is seeking to raise 16.3 billion Ghana cedis ($1.4 billion) from domestic investors to fund cocoa purchases for […]
China backs automaker investment in Europe amid EU trade and local-content pressure
Minister signals support for Europe expansion As reported by Reuters, citing China’s Commerce Ministry, Commerce Minister Wang Wentao says China supports investment by […]
BYD, CATL, Xiaomi Executives May Join Xi’s US Visit
Washington and Beijing are finalising a group of Chinese business leaders to join President Xi Jinping’s upcoming visit to Washington, three sources […]
Wealthy Investors Flock To Oil & Gas Assets Amid Energy Crisis
The U.S. and global economies have continued to mint high-net-worth individuals at a historic clip, with wealth intelligence firm Altrata noting that […]
Saudi Arabia has shut a critical oil pipeline. Here’s why it matters for the global oil market
Yet another contingency plan for the global oil market – buffeted by more than six months of war between the United States […]
India’s LOHUM ships first ore from Zimbabwe lithium deposits valued at $7bn
Indian critical minerals producer LOHUM has dispatched its first tranche of lithium ore from newly acquired mining blocks in Zimbabwe’s Matabeleland South […]