Is Chevron Reshaping its Investment Strategy in Africa?
Africa-Press - Eritrea. The American oil company Chevron announced a new oil discovery off the coast of Angola, considering it a step...
EU Law Unsettles West African Cocoa Farmers
Africa-Press - Eritrea. In his farm in Akure, southwestern Nigeria, smallholder farmer Ojo Ayaninola hesitated before allowing exporters to map his farm...
Accra Nuclear Summit: Africa Faces Funding Challenges
Africa-Press - Eritrea. The African American Nuclear Energy Summit, which began on Wednesday in Accra, the capital of Ghana, places human resources...
Strait of Hormuz Disrupts Africa’S Economy
Africa-Press - Eritrea. The repercussions of disruptions in global supply chains and the closure of vital maritime corridors, alongside rising security and...
China-Africa Trade Hits Record High
Africa-Press - Eritrea. China announced that its trade with Africa reached a record level in the first half of 2026, attributing this...
ECOWAS Plans Single Currency by 2027
Africa-Press - Eritrea. The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching its unified currency "ECO" by...
Africa Owes IMF $38.6 Billion
Africa-Press - Eritrea. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
New EU Deal Deepens Africa Consumer Markets
Africa-Press - Eritrea. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines
Africa-Press - Eritrea. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban
Africa-Press - Eritrea. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...