Nigeria targets doubling Utapate crude production to 80,000 bpd by 2025, strengthening its global oil market position.
Feyisayo Ajayi
Feyisayo Ajayi
Feyisayo Ajayi is a finance reporter at Billionaires Africa, covering company valuations, latest market trends, and developments in the African continent with a special focus on finance, energy & renewables, and technology.
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China’s African influence fuels growth, raises debt, and spurs debate over sovereignty and economic sustainability.
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Gabonese referendum backs reforms extending presidential term and enabling military leader Brice Oligui Nguema to run in 2025 elections.
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Egypt launches locally made Exeed car, advancing its automotive industry and boosting domestic manufacturing and export ambitions.
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Namibia approves NAD26 million($1.43 million) debt write-off for Rehoboth Town Council, addressing housing and utility debt issues.
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Mozambique bans protests amid unrest, $373.2 million losses, and escalating tensions following disputed presidential election results.
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Bobi Wine decries Kisoro by-election irregularities, urges unity and perseverance against Uganda’s ruling party dominance.
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Africa’s democratic transitions showcase both persistent challenges and notable successes in fostering stability and growth.
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Ivory Coast launches a $500 million green finance fund to combat climate change and boost sustainable development across Africa.
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ECOWAS sanctions shape West Africa’s political stability, balancing democracy promotion with economic and regional challenges.