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    • East Africa Crude Oil

East Africa Crude Oil Newsletter
  • Tanzania, Uganda organize business forum to boost trade, investment 16 May 2024 09:13 GMT

    DAR ES SALAAM: THE Uganda-Tanzania Business Forum 2024 is expected to uplift the trade volume and investment between the two countries. The forum will be held in the country’s business capital of Dar es Salam on May 23 and 24 this year in efforts to …

  • Daybreak Africa: Benin resolves squabble with Niger over crude oil shipment 16 May 2024 03:34 GMT

    On Daybreak Africa: Benin resolves squabble with Niger over crude oil shipment. Plus, Kenyan President William Ruto may not address a joint session of Congress when he comes to Washington later this month. A new study exposes gender bias in African family …

  • Tullow Oil pays Kenya Sh577m on full control of Turkana project 13 May 2024 01:31 GMT

    British oil explorer Tullow paid the Kenyan government $3,690,000 (Sh577.9 million as at end of last year) as expenses grew for the firm on its complete takeover of the Turkana oil project. Disclosures by Tullow show that the payments to the government …

  • South Sudan forex reserves at ‘historic low’ 12 May 2024 05:26 GMT

    By JAMES ANYANZWA The Bank of South Sudan (BoSS) expects more inflationary pressures and weakening of the South Sudanese pound as a result of the continuous decline in forex reserves, highlighting the depth of economic woes facing the nation ahead of the …

  • Surge in exports to EU, push into Africa, GCC signal India’s shift 12 May 2024 00:27 GMT

    NEW DELHI: India’s merchandise exports seem to have weathered the headwinds quite well so far amid heightened geopolitical tensions that have rendered the global environment highly uncertain but while support continues from some of its traditional large …

  • Uganda Finally Signs Oil Deal With Kenya After Resolving Dispute 11 May 2024 12:28 GMT

    After months of dispute and legal contention, Uganda and Kenya have finally reached a significant agreement that promises to reshape their energy relations after inking a new oil deal. The deal, signed on Friday, May 10, paves the way for Uganda’s state …

  • How did this man become the top NSC intelligence official in Biden’s White House? 16 May 2024 01:07 GMT

    FPI / May 15, 2024 Geostrategy-Direct With his recent comments on the ongoing Israel-Gaza war baffling many who have long been in the know in Washington, one might wonder where exactly U.S. President Joe Biden is getting his intelligence on the Middle …

  • Gulf of Guinea Maritime Security: Lessons, Latency, and Law Enforcement 15 May 2024 07:55 GMT

    Editor’s Note: This is part of a short series examining maritime geography and strategic challenges in specific bodies of water, ranging from the Arctic Ocean to the Gulf of Guinea and the South China Sea. On Jan. 1, 2024, Nigerian pirates attacked the …

  • Q1: Total Direct FX Remittances Declined by 6.28% YoY to $282.6m 14 May 2024 15:06 GMT

    Kayode Tokede Despite efforts by the Central Bank of Nigeria (CBN) to attract foreign exchange into the country, total direct FX remittances dropped by 6.28 per cent Year-on-Year (YoY) to $282.6 million in the first quarter (Q1) ended March 31, 2024. …

  • Djibouti’s diplomacy in the international arena 14 May 2024 08:31 GMT

    Djibouti’s diplomatic visibility has strengthened since June 2023, when the country’s President, Ismaïl Omar Guelleh, assumed the rotating presidency of the Intergovernmental Authority on Development (IGAD), which has sought to mediate on the war in Sudan, …

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