TotalEnergies’ .4B South Africa Setback Highlights Rising Risk for Africa’s Oil Majors

TotalEnergies’ $7.4B South Africa Setback Highlights Rising Risk for Africa’s Oil Majors

TotalEnergies’ $7.4 billion offshore venture faces authorized delays, highlighting rising environmental and regulatory dangers for worldwide majors. Chevron and Kosmos Energy divested a mixed $405 million in African property, accelerating the switch of mature fields to unbiased operators. Shell and ExxonMobil accomplished $3.68 billion in divestments, signaling a broader pivot towards deepwater, lower-risk portfolios. The…

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Fannie Masemola: South Africa’s police boss to appear in court over Vusimuzi ‘Cat’ Matlala deal

Fannie Masemola: South Africa’s police boss to appear in court over Vusimuzi ‘Cat’ Matlala deal

The allegations of how Matlala getting the contract have been made at an inquiry arrange by Ramaphosa to look into corruption in the police drive. The Madlanga Commission was established after a senior police officer claimed felony gangs had infiltrated the federal government – an accusation that led to the sacking of the nation’s police…

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Nigerian billionaire Abdulsamad Rabiu becomes Africa’s third-richest man with .2 billion fortune

Nigerian billionaire Abdulsamad Rabiu becomes Africa’s third-richest man with $11.2 billion fortune

Nigerian billionaire Abdulsamad Rabiu has climbed to Africa’s third-richest place, based on Forbes’ 2026 rating of the continent’s wealthiest. His internet price soared to $11.2 billion, marking the most important wealth achieve in Africa this 12 months — a 120% bounce, or $6.1 billion, from 2025. Globally, Rabiu now ranks 284th richest, simply behind South…

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