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Can Africa’s EV revolution support rural women?

Zimbabwean start-up Mobility for Africa wants to bring electric tricycles to rural regions across Africa. Zimbabwean start-up Mobility for Africa wants to bring electric tricycles to rural regions across Africa. Mobility for Africa. Africa’s electric vehicle (EV) market is accelerating. But so far, one particular group of potential users — rural women — has largely […]

Africa’s first ‘AI factory’ could be a breakthrough for the continent

Strive Masiyiwa, founder and chairman of Cassava Technologies, said that the firm’s new data centers will “drive Africa’s AI innovation while strengthening the continent’s digital independence.” Strive Masiyiwa, founder and chairman of Cassava Technologies, said that the firm’s new data centers will “drive Africa’s AI innovation while strengthening the continent’s digital independence.” David Swanson/Reuters. There’s […]

Syrian president says his government is holding indirect talks with Israel

Syrian President Ahmad al-Sharaa attends a press conference at the Elysee Palace in Paris on May 7. Syrian President Ahmad al-Sharaa attends a press conference at the Elysee Palace in Paris on May 7. Syrian President Ahmad al-Sharaa has said that his government is holding indirect talks with Israel to bring an end to Israeli […]

Robert Prevost elected as first American pope and takes the name Leo XIV

The newly elected pontiff, now known as Pope Leo XIV, is the first pope from the United States, and the new leader of the world’s 1.4 billion Catholics. The 69-year-old from Chicago stepped into his role as the 267th pope on the balcony of St. Peter’s Basilica on Thursday evening, addressing thousands of cheering Catholics […]

ARADEL SETS ASIDE $20M FOR STRATEGIC CHAPPAL ENERGIES ACQUISITION

Move signals expansion into offshore energy markets Aradel Holdings has earmarked $20 million to acquire a 5.14% equity stake in Chappal Energies, signaling a strategic move to diversify its asset portfolio and gain access to offshore basins. The investment contributed to a temporary decrease in the company’s operating cash flows, which fell 45.1% to N30.6 […]

SEPLAT PRODUCTION SURGES 167% IN STELLAR FIRST QUARTER

Oil and gas output reaches 131,561 barrels per day amid expansion Seplat Energy has reported remarkable production growth with average daily hydrocarbon output reaching 131,561 barrels of oil equivalent per day in Q1 2025—a stunning 167% increase from the 49,258 barrels recorded in Q1 2024. The impressive results exceeded the midpoint of the company’s 2025 […]

SEPLAT ENERGY EYES LUCRATIVE GAS EXPORT MARKET

Recent acquisition positions company for dual-market strategy Seplat Energy Plc is preparing to enter the gas export business to enhance foreign exchange earnings following its strategic acquisition of Mobil Producing Nigeria Unlimited (MPNU). Dotun Isiaka, managing director of Seplat Producing Nigeria Unlimited (SEPNU), revealed the plans during an industry panel session at the Offshore Technology […]

ENI ACCELERATES TRIPLE GAS PLAY IN LIBYA

Italian energy giant advances strategic projects amid challenging environment Italian energy powerhouse Eni is pushing forward with three key gas projects in Libya designed to boost production, cut carbon emissions, and develop local technical capabilities. During high-level talks with Abdul Hamid Mohammed Dbeibeh, Prime Minister of Libya’s Government of National Unity, Eni CEO Claudio Descalzi […]

TURKISH OIL BONANZA: 20 BILLION BARREL DISCOVERY TRANSFORMS SOMALIA’S FUTURE

Controversial 90/10 split agreement raises questions about deal terms Turkey has struck oil gold in Somalia with discoveries estimated to contain up to 20 billion barrels of commercially viable crude, potentially revolutionizing both nations’ economic trajectories. The breakthrough findings across two pilot oil blocks represent a transformative moment in Turkey’s strategic play for East African […]