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CNBC Africa

German Companies Plan to Invest More In Africa in 2023

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German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% planning to increase investment in the continent, a survey seen by Reuters on Tuesday showed. The…
AFREXIM Bank

Trade and Market Update: Natural Gas and the Geopolitics of Energy

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The Ukraine crisis and Western-led sanctions against Russia are redefining the geopolitics of energy and expanding opportunities for new players. Russia is the world’s second largest producer of natural gas and accounts for about 26 percent…

Mozambican Leader Announces First LNG Export Shipment

Mozambique has officially started exporting liquefied natural gas (LNG) produced in the country's north which is plagued by jihadist attacks. President Filipe Nyusi made the announcement Sunday (Nov 13). It is the first shipment of gas…