Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]
Senegal has struck an agreement with the International Monetary Fund (IMF) on a new $2.2 billion, 36-month financing deal designed to help with economic and financial reforms in the period between 2026 and 2029. The deal was reached on September 1 and comes at a time when Senegal is experiencing debt challenges due to uncovered […]