Egypt exported some 8 million tons of liquefied natural gas last year, worth $8 to $8.5 billion, the country’s mineral resources ministry said this week, noting the price rally in liquefied natural gas that helped drive revenues higher. The North African country has solid ambitions in natural gas development, planning to become one of…
Russian-made smartphones are struggling to compete with Chinese imports, resulting in a significant drop in sales, according to a report by Vedomosti. The report indicates that the number of Russian-made smartphones sold in the first quarter of 2023 is less than half of last year’s figures. Specifically, only 46,900 Russian-made smartphones were sold in Q1…
A tragic incident unfolded in the Democratic Republic of Congo as an armed group launched a devastating attack on a camp for the displaced, resulting in the loss of at least 40 lives. This number is expected to increase as officials fear that more casualties may be discovered amidst the charred remains of the burned-down…
Spain’s women’s football team makes a bold move, refusing to participate in upcoming matches, demanding real changes in Spanish soccer after a controversial incident. Discover the details and implications of this unprecedented stand. Spain’s Women’s Football Stars Take a Stand In an unprecedented turn of events, the vast majority of Spain’s World Cup-winning women’s football…
The Biden administration is taking bold steps to increase the cost of Russia’s oil circumvention tactics and reinforce price caps. Discover the latest developments and the impact on global energy markets. The Biden administration is unveiling a comprehensive strategy to escalate the economic pressure on Russia, specifically targeting its attempts to circumvent the price cap…
An African country, Gabon, has pipped into the future of oil and gas with a new hydrocarbons code. The onset of the COVID-19 pandemic dampened global demand for oil and natural gas, disrupted the flow of capital, and slashed expansion plans across the hydrocarbons industry. As a result, licensing rounds in many African…
Flourish Africa 2023 N1 Billion Grant for Female Entrepreneurs | Winners receive up to N2M funding each The Flourish Africa Grant for Female Entrepreneurs is a One Billion Naira Fund created to support and promote African female-owned businesses over 5 years through training, mentoring, and funding. The Flourish Africa training curriculum has been designed…
The Federal Government has congratulated incoming President Donald Trump on his victory as the next President of the United States of America. Amb. Eche Abu-Obe, Spokesperson of the Ministry of Foreign Affairs, disclosed this in a statement on Wednesday in Abuja on outcome of the U.S.presidential election. Abu-Obesaid, “The Federal Republic of Nigeria wishes to…
Mr Tein Jack-Rich, the President and CEO of Belema Oil, has appealed for admission of Nigeria into the G-20 economic group. Jack-Rich made the appeal during the U.S.-Africa Leaders Summit which was held in Washington DC. The frontline politician and philanthropist, who noted that the inclusion of Nigeria and the African…
The number of Palestinians killed since the beginning of the Gaza war over a year ago has risen to 42,010, according to figures released by the Hamas-run Health Ministry in Gaza on Wednesday. A further 97,720 Palestinians have been injured since Oct. 7, 2023, the ministry said. The figures do not distinguish between civilians and…
