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Category: Business

Could This U.S. LNG Trade Deal for South Africa Finally End Load Shedding?

Posted on May 27, 2025 By Africa Digest News No Comments on Could This U.S. LNG Trade Deal for South Africa Finally End Load Shedding?
Could This U.S. LNG Trade Deal for South Africa Finally End Load Shedding?

Written By: Faith Jemosop South Africa is proposing a $12 billion deal to import U.S. natural gas in exchange for duty-free access for its cars, steel, and aluminium. The idea is bold, practical, and potentially transformative, but will it finally keep the lights on for South Africans? South Africa is making a major play in…

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Business, Energy

OPEC Fund’s $50M Loan Boosts Africa’s Infrastructure and Growth

Posted on September 13, 2024September 13, 2024 By Africa Digest News No Comments on OPEC Fund’s $50M Loan Boosts Africa’s Infrastructure and Growth
OPEC Fund’s $50M Loan Boosts Africa’s Infrastructure and Growth

The OPEC Fund has signed a $50 million loan with the Africa Finance Corporation (AFC) to boost infrastructure in Africa. The ten-year loan will improve transport, logistics, trade, and energy access. Since 1976, the OPEC Fund has supported economic growth and social progress in developing countries with financial aid from its member nations. The collaboration…

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Business
  • G20 Forum To Spotlight Mega-Scale Energy Deals
  • Why is Kenya doing load-shedding between 5pm and 10pm?
  • What is load shedding in Kenya?
  • Schneider Electric’s Technology Blueprint Paves Way for e-Methanol Fuel Expansion
  • Genetec delivers faster, smarter investigations in Security Center SaaS

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