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Uganda Opts for Full Equity Financing for $4 Billion Oil Refinery Project

The Ugandan government has approved a new financing structure for its long-anticipated $4 billion oil refinery project, opting to fully fund the initiative...

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South African Rand Weakens Ahead of First Central Bank Meeting Under New Inflation Target

The South African rand edged lower in early Thursday trading as markets turned their focus to the South African Reserve Bank’s upcoming interest...

Gunmen Kill Two and Abduct Pastor in Fresh Church Attack in Central Nigeria

Gunmen launched a violent attack on a church in Eruku, a town in Nigeria’s central Kwara state, killing at least two people and...