Monday, 24 February 2025

Middle East and Africa

AnalysisCritical MineralsEnvironmentLabourOpinion

Critical minerals investment must avoid the mistakes of the past in African mining

Opinion: It is important for mining companies and foreign governments to be cognizant of the historical context that surrounds the African mining industry.

FILE PHOTO: Republic of Rwanda's Minister of Environment Jeanne d'Arc Mujawamariya, CEO and Special Representative of the UN Secretary-General (UN SRSG) for Sustainable Energy for All Damilola Ogunbiyi, Danish Minister for Development Cooperation and Global Climate Policy Dan Joergensen and Maldives Minister of Climate Change, Environment and Energy, Thoriq Ibrahim attend the session of discussion on the Global Cooling Pledge aimed at reducing emissions and exploring sustainable cooling solutions, during the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 5, 2023. REUTERS/Thaier Al-Sudani/File Photo
BusinessClimateClimate FinanceNewsPolitics

African countries looking to COP29 for higher climate financing share

Negotiators for African nations draw up strategies aimed at increasing funding above 1% of global total for climate projects across the continent.

FILE PHOTO: An oil field is seen in Dibis area on the outskirts of Kirkuk, Iraq October 17, 2017. REUTERS/Alaa Al-Marjani/File Photo
BusinessFuelNatural GasNewsOil

BP-Iraq deal on Kirkuk fields to use profit-sharing model

Iraq and BP have signed a preliminary deal to develop Kirkuk's oil fields on a profit-sharing basis, marking BP's return after five years.

Senegalese President Bassirou Diomaye Faye, who swept to victory in March on a promise of radical reform, has declared an audit of the oil, gas and mining sectors (AFP)
ElectionsFuelNatural GasNewsOilPoliticsTrade

Senegal sets up commission to review oil and gas deals

Prime Minister announces commission to 'rebalance' fossil fuel contracts 'in the national interest', after promises made before March election.

FILE - People queue for food at a World Food Programme distribution center in Neno district southern Malawi, March 24, 2024. (AP Photo/Kenneth Jali, file)
ClimateEnvironmentNewsResiliency

Malawi receives $11.2 million for drought disaster linked to El Nino

The El Nino linked drought in Malawi led the southern African nation to declare a state of disaster earlier this year.

The Mediterranean basin is one of the hot spots of global warming (AFP)
BiodiversityClimateEnvironmentNewsWeather

Mediterranean Sea temperatures match 2023 records

The Mediterranean Sea has reached record temperatures over 30°C, with persistent heatwaves threatening marine life and ecosystems.

AnalysisElectionsElectric Vehicles (EVs)PoliticsRegulations

How are South Africa’s EV plans faring post election?

South Africa's push for EV production faces hurdles with power shortages and cautious industry sentiment, despite government incentives.

Vehicles queue to purchase fuel at a retail station in Lagos, Nigeria August 6, 2024. REUTERS/ Francis Kokoroko
AnalysisEconomyFuelIn-DepthOilPolitics

Analysis: In deluge of protests, fuel subsidies prove hard to abolish

High costs without fossil fuel subsidies provoke anger from citizens around the world, leaving governments to continue footing the bill.

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
BusinessNewsOil

Saudi Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem

Investment in Sumitomo Chemical's Petro Rabigh JV hopes to turn around loss-making firm's fortunes.

FILE - Storage tanks are seen at the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, on March 21, 2021. (AP Photo/Amr Nabil, File)
BusinessNewsOil

Saudi Arabia’s Aramco reports lower half-year profits

Overall revenue up at $220bn, but Aramco half-year profits show a fall of $5bn since last year amid global worries.

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