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    Monthly Archives: September, 2019

    Egypt’s natural gas production rises to 7 bln cubic feet per day – senior official

    CAIRO, Sept 2 (Reuters) - Egypt’s natural gas production rose to 7 billion cubic feet (bcf) per day from a level of 6.8 bcf...

    In Depth: Is the Next Global Recession in Sight?

    By Wang Liwei, Yu Hairong, Zeng Jia, Zhang Qi and Han Wei As the Chinese proverb says: The moon waxes only to wane, and water...

    Botswana to hold national and local elections on Oct. 23

    GABORONE (Reuters) - Botswana President Mokgweetsi Masisi has set Oct. 23 as the date for parliamentary and local elections, the Independent Electoral Commission (IEC)...

    Ezz Steel plummets on Egyptian Exchange after investment bank note

    CAIRO (Reuters) - Shares in Ezz Steel, Egypt’s largest steelmaker, plunged on Monday by as much as 10% after investment bank CI Capital cut...

    South Africa’s Absa PMI contracts in August

    JOHANNESBURG (Reuters) - South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined in August, as business activity and new sales orders slumped, a...

    Kenya’s central bank approves Kenya’s KCB Group acquisition of NBK

    NAIROBI (Reuters) - Kenya’s central bank on Monday approved KCB Group’s acquisition of National Bank of Kenya. KCB is Kenya’s biggest lender by assets. Lenders...

    Nigerian August crude export volume to China spikes

    LONDON, Sept 2 (Reuters) - A VLCC of Nigerian crude was seen bound for China, marking its biggest month of buying from Africa’s top...

    Ruptured pipeline in Nigeria’s Delta state spilled oil – NNPC chief

    LAGOS, Aug 31 (Reuters) - A pipeline that ruptured on Friday in Nigeria’s Delta state spilled oil, but has been contained, the head of...

    OPEC posts first 2019 oil-output rise despite Saudi cuts

    * OPEC oil output rises by 80,000 bpd in August * Nigeria, Iraq boost output, Gulf producers keep output flat * New accord on supply cuts...

    Oil theft cost Nigeria 22 million barrels in first half -NNPC

    LAGOS, Aug 30 - Nigeria lost as much as 22 million barrels of oil to theft in the first half of this year,...

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