E - Factory
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News
A tentative two-week ceasefire has been reached between the United States and Iran, following weeks of intense military exchanges and a looming deadline that threatened to escalate into a full-scale regional war.
Foreign
In a sharp escalation of regional tensions, Iran’s Revolutionary Guard has issued a stern warning, threatening to cut off vital energy supplies to US allies for an extended period.
News
The African Export-Import Bank (Afreximbank) has announced a major $4 billion funding initiative to support the full operationalization of the Dangote Refinery. The financing package is intended to bolster the refinery's capacity to meet domestic fuel demand and enhance its position as a regional energy hub.
News
The average price of gasoline at United States pumps has soared past the $4 per gallon mark, reaching its highest level in nearly four years. According to the American Automobile Association (AAA), the surge is primarily driven by escalating conflict in the Middle East and the closure of the strategic Strait of Hormuz.
