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Nigeria Squanders Oil Price Bonanza Amid Gasoline Subsidies

Nigeria has failed to capitalise on an oil price boom that has helped cushion other exporters from the impact of inflation, with...

Equatorial Guinea Gears Up For OPEC Presidency In 2023

Gabriel Mbaga Obiang Lima is Equatorial Guinea's Minister of Mines and Hydrocarbons. In this news interview with Africa 24, he discusses the...

Credit Suisse “Global Wealth Report” Ranks Africa High In Private Wealth

With a final tally of $5,808 billion at the close of 2021, Africa's share of the world's private wealth was 7.7 percent....

The Fund For Export Development In Africa Closes $670m Strategy Fund

African Export-Import Bank's (Afreximbank) impact investment arm, the Fund for Export Development in Africa (FEDA), has announced a first close of $670...