Nigeria Offers Shell $11.50 Tax Credit to Unlock $20 Billion Deepwater Project
Nigeria gazetted an $11.50-per-barrel Bonga Southwest tax credit for Shell, unlocking a potential $20B investment on 820M barrels of reserves....
July 17, 2026Section
World
Macron Bets on Kenya in a €23 Billion Pivot to Anglophone Africa
France pledged €23 billion ($27 billion) in Africa investments at a Nairobi summit with 30 leaders, signing a defence pact...
July 17, 2026
Russia Offers to Secure Mozambique’s Gas, Triggering Europe’s Energy Nightmare
On 9 July 2026, Sergey Lavrov offered to secure Mozambique’s $20 billion gas hub, threatening Europe’s alternative to Russian energy.
July 17, 2026
Egypt’s $4.69 Billion Abrams Tank Upgrade Alarms Israel
Egypt and the US are working on a $4.69 billion programme to upgrade 555 M1A1 Abrams tanks, a move alarming...
July 17, 2026
EU Targets Sudan’s War Chest with Ban on Gold Exports
The European Union has banned Sudanese gold imports, stating the multi-billion-dollar trade directly finances the civil war between the SAF...
July 17, 2026
France and Morocco Cement Strategic Partnership Despite Pegasus Spyware Scandal
France and Morocco signed 14 cooperation agreements and are drafting an unprecedented friendship treaty, prioritising €10 billion in economic ties...
July 17, 2026
G7’s $64 Billion Minerals Push Gives Kenya and Africa New Leverage
G7 leaders pledged $69 billion for 195 critical minerals projects on June 17, aiming to cut rare-earth dependence below 60%...
July 17, 2026
Congo Praises US Partnership as Critical Minerals Race Intensifies
The DRC signed a Strategic Partnership Agreement with Washington in December 2025, offering priority access to over 70% of global...
July 17, 2026
How the 2026 Energy Shock Is Rewiring Trade, Security and Opportunity for Latin America
From oil price surges to fertiliser crunches and a new Monroe Doctrine, the Iran war's shockwaves are rewiring Latin America's...
July 17, 2026