Scotiabank analyst Kevin Fisk lowered the firm’s price target on Africa Oil (AOIFF) to C$2.50 from C$2.75 and keeps an Outperform rating on the ...

U.S. lawmakers have introduced legislation that could block International Monetary Fund support for some Central African ...

Angola injected nearly $200mn to shore up a $1bn loan from JPMorgan that was backed by the country’s bonds, after the dollar ...

Fuel prices have been falling across the continent following a decline in global oil prices amid fears that the trade war ...

The current estimates of Africa’s oil and gas reserves at 120-million barrels of crude oil and 632-trillion cubic feet of ...

The Trump administration's decision to impose hefty tariffs on North African oil producers Libya and Algeria will only have a ...

The African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 billion to finance the purchase of refined products within Africa as part of broader plans to ...

VANCOUVER, BC, March 31, 2025 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") reports the following share capital and voting rights update in ...

In a bid to bolster investment and competitiveness within Africa's oil and gas sector, national oil companies (NOCs) in ...

The African Growth and Opportunity Act (AGOA) provides duty-free access to the United States for certain African products.

Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africa’s biggest ...