Collapse in oil revenues for Chad: IMF report
Low oil prices and falling oil revenues have contributed to underperformance in the economy of Chad, according to a report by the International Monetary Fund (IMF)
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Djibouti, IDB sign US$75mn agreement to reduce fuel prices
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 revenue drops amid renewed conflict
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
Angola updates fiscal projections based on oil price fluctuations
The Angolan Ministry of Finance has published an update of its budgetary performance with adjustments made to take fluctuating oil prices into account
Uganda-Tanzania pipeline construction to begin in 2017
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
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