Matthew Freeman

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US Seeks Role in Ethiopian Airlines’ $12.5 Billion Mega Airport Project

The United States is seeking a greater role for American companies in Ethiopian Airlines’ $12.5 billion Bishoftu International Airport project, as Washington intensifies efforts...

Eni Raises Share Buyback as Strong Oil Prices Drive Second Quarter Profit Growth

Italian energy major Eni reported a strong rise in second quarter earnings as higher oil and gas prices, increased hydrocarbon production and robust performance...

Barclays Adopts Wall Street Style Pay Model as Higher Bonuses Lift Compensation

Barclays is shifting to a more Wall Street style compensation model by increasing the share of performance based pay for senior investment bankers, giving...

Angola Raises More Than $300 Million in Oversubscribed Unitel IPO

Angola has raised 300.3 billion kwanzas (about $329 million) after investors oversubscribed the initial public offering of a 15% stake in Unitel, the country’s...

Burkina Faso Records More Than $6 Billion in Official Gold Trade as Mining Reforms Gain Momentum

Burkina Faso has recorded more than $6 billion worth of gold through official production and procurement channels during the first six months of 2026,...

AfDB Approves $114 Million Loan to Advance Morocco’s Battery Gigafactory Ambitions

The African Development Bank (AfDB) has approved a €100 million ($114 million) loan to support the development of Africa’s first battery gigafactory in Morocco,...

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