Under pan-African Billionaire Benedict Peters, Aiteo approaches a major $700 million revenue milestone, showcasing resilience and strategic growth in Africa’s energy sector.
Ikeoluwa Ogungbangbe
-
-
Amid a severe heatwave, Egypt extends daily blackouts to three hours to manage increased electricity demand and ensure grid stability.
-
Kenya achieves a crucial IMF agreement, promising financial aid and urging fiscal adjustments for economic stability.
-
Violent clashes in central Somalia claim over fifty lives as disputes over resources between clans escalate.
-
Mali’s financial workers persist in their strike following the arrest of union leader Hamadoun Bah, amidst broader national and political tensions.
-
Egypt takes firm action against tourism companies after the deaths of Hajj pilgrims in Mecca, highlighting the need for stringent safety measures.
-
Aiteo resumes production at Nembe field after stopping an oil leak, enhancing safety protocols to prevent future incidents.
-
Amnesty International reports the Nigerian army detains girls and young women who escape Boko Haram, raising serious human rights concerns.
-
The IMF approves substantial funding to support Tanzania’s budget and climate strategies, enhancing economic growth.
-
Following a critical oil leak, Aiteo has ceased operations at its Nembe Creek facility, impacting daily oil output and highlighting ongoing environmental challenges.