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The Democratic Republic of Congo (DRC) is known for two dueling realities? Below ground, the DRC sits on immense #natural resource wealth, including some of the world?s highest-quality copper reserves and potential hydropower capacity that could eventually generate 42GW of #energy and effectively double Africa?s entire electricity output. Above the surface, however, the DRC is a war-torn kleptocracy whose natural riches continually fail to improve daily life for the populace of one of the world?s poorest and most read more...

0 View, 0 Like, 0 dislike, 2 hours ago

The Democratic Republic of Congo (DRC) is known for two dueling realities? Below ground, the DRC sits on immense #natural resource wealth, including some of the world?s highest-quality copper reserves and potential hydropower capacity that could eventually generate 42GW of #energy and effectively double Africa?s entire electricity output. Above the surface, however, the DRC is a war-torn kleptocracy whose natural riches continually fail to improve daily life for the populace of one of the world?s poorest and most read more...

0 View, 0 Like, 0 dislike, 2 hours ago

In a #move that surprised many observers of the ongoing war for Deir Ezzor read more...

0 View, 0 Like, 0 dislike, 6 hours ago

The European Bank of Reconstruction and Development?s board on October 18 approved $500 #million in funding for the Azerbaijan-led TANAP #pipeline, which will facilitate the delivery of Caspian Basin natural gas to Western Europe. The decision prompted swift criticism from watchdog groups, which accused the #bank of disrespecting the ?fundamental principles of multiparty democracy [and] the rule of law.? The bank confirmed in a press statement that the allocation of $500 million would be made from its own funds, but made no read more...

0 View, 0 Like, 0 dislike, 6 hours ago

… keen on diversifying its #crude #oil sourcing at competitive rates, … Opec, which has a share of 86 per cent of crude oil … changing its import strategy, Opec secretary-general Sanusi Mohammad Barkindo … restoring stability in the crude oil market. Indian companies, read more...

0 View, 0 Like, 0 dislike, 10 hours ago

Venezuela's state-run petroleum firm PDVSA has been barred from using a NuStar Energy #oil storage terminal in the Caribbean over US$26 million in unpaid bills, according to documents reviewed by Reuters, halting delivery of a cargo to an oil trader. FILE PHOTO: The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela, August 30, read more...

0 View, 0 Like, 0 dislike, 10 hours ago

Money transfer company Transferwise has resumed remittances to Nigeria after a 17-month break because it has regained confidence in the central bank's handling of the naira currency, its chief executive said on Friday. Remittances or #money transfers make up the second-largest source of foreign exchange receipts in Africa's biggest economy after oil read more...

0 View, 0 Like, 0 dislike, 14 hours ago

Money transfer company Transferwise has resumed remittances to Nigeria after a 17-month break because it has regained confidence in the central bank's handling of the naira currency, its chief executive said on Friday. Remittances or #money transfers make up the second-largest source of foreign exchange receipts in Africa's biggest economy after oil read more...

0 View, 0 Like, 0 dislike, 14 hours ago

… Friday. West Texas Intermediate (WTI) crude #us.com/tag/oil">#oil for November delivery settled at … Dallas Fed said that strong OPEC #compliance with the cartel?s read more...

0 View, 0 Like, 0 dislike, 18 hours ago

… Friday. West Texas Intermediate (WTI) crude #us.com/tag/oil">#oil for November delivery settled at … Dallas Fed said that strong OPEC #compliance with the cartel?s read more...

0 View, 0 Like, 0 dislike, 18 hours ago