China Turns to African Oil after Iran Ban
Africa-Press - Lesotho. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure
Africa-Press - Lesotho. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
Africa Growth Stays Resilient Amid Global Turmoil
Africa-Press - Lesotho. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
India Buys Oil from West Africa
Africa-Press - Lesotho. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through a...
Iran War could Push Oil to $150 a Barrel
Africa-Press - Lesotho. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as the...
SADC Approves Roadmap to Tackle Market Turmoil
Africa-Press - Lesotho. Foreign ministers from the Southern African Development Community (SADC) concluded their meetings in Skukuza, South Africa, after three days...
US Extends Africa Growth and Opportunity Act
Africa-Press - Lesotho. African exporters have regained access to the duty-free U.S. market after the United States officially extended the African Growth...
Matlanyane Engages TBEA Chairman on Energy Projects
What You Need to Know
Lesotho's Minister of Finance, Dr. Rets’elisitsoe Matlanyane, met with TBEA Chairman Zhang Xin in Tianjin, China, to discuss the photovoltaic...
New Senqu Bridge to Boost Lesotho’s Water Exports to South
What You Need to Know
The newly constructed Senqu Bridge in Lesotho is set to significantly increase water exports to South Africa, nearly doubling the...
Africa’s Fuel Shortfall Projected at 86 Million Tonnes by
What You Need to Know
The Africa Finance Corporation warns that Africa is on track for an 86 million tonne fuel shortfall by 2040, exacerbated...