IN a major breakthrough for Africa’s energy future, Nigeria, Angola and Ghana have fully honoured their capital commitments to the Africa Energy Bank (AEB), marking a significant step forward in launching the continent’s first pan-African oil and gas financing institution. The announcement was made by Dr Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation … Read more
BENIN has blocked crossings of the river marking its border with Niger, escalating tensions since the military seized power in Niamey last July, sources told AFP on Thursday. Earlier this year, Benin announced it was reopening its side of the border, which had been shut following the coup. While the Niger side remained officially closed, Benin had … Read more
IN a recent development amid escalating tensions, Benin has temporarily lifted its ban on crude oil exports from neighbouring Niger via its port, signalling a potential easing of strained relations between the two West African nations. Benin’s mines minister, Samou Seidou Adambi, announced on Wednesday that the country has agreed to authorise the loading of … Read more