Djibouti has approved a US$75mn financing agreement with the International Islamic Trade Finance Corporation (IFTC), a unit of Saudi Arabia-based Islamic Development Bank (IDB) to help the nation to buy refined petroleum products, its energy minister said
South Sudan oil revenues have dropped by 75 per cent in June to US$60 million a month and the International Monetary Fund has warned of economic ruin for Africas newest country
The Angolan Ministry of Finance has published an update of its budgetary performance with adjustments made to take fluctuating oil prices into account
Ugandas energy minister Irene Muloni has stated that the construction of the Uganda-Tanzania crude oil export pipeline is scheduled to start in January 2017
After a 22-year absence, it has been confirmed that Gabon has officially rejoined the Organization of the Petroleum Export Countries (OPEC)
