ExxonMobil commits $1.1 billion to Mozambique’s Rovuma LNG project

ExxonMobil commits $1.1 billion to the Rovuma LNG project in Mozambique, advancing one of Africa’s largest gas developments.

Timilehin Adejumobi August 18, 2026

Business Hot News

South African court blocks Shell’s Wild Coast exploration permit

South Africa’s Constitutional Court has blocked Shell and Impact Africa from reviving a disputed Wild Coast offshore exploration permit.

Feyisayo Ajayi August 18, 2026

Business Hot News

South Africa’s CemAir moves to block Harith’s FlySafair acquisition

CemAir moves to block the FlySafair acquisition, citing competition concerns over Lanseria Airport and aviation infrastructure.

Timilehin Adejumobi August 18, 2026

Business Billionaires Hot News

Nigerian billionaire Femi Otedola boosts stake in FirstHoldCo with shares worth $15 million

Femi Otedola has raised his First HoldCo stake above 26% after buying N18.11 billion in shares, lifting his holding’s value to about N1.7 trillion ($1.3 billion).

Feyisayo Ajayi August 18, 2026

Business Hot News

ReconAfrica flows gas at Namibia discovery, advances 1,000-metre horizontal test

ReconAfrica has flowed gas and potential liquids at its Namibia discovery, advancing a 1,000-metre horizontal test of the Huttenberg formation.

Feyisayo Ajayi August 18, 2026

Tag: Lanseria Airport

South Africa’s CemAir moves to block Harith’s FlySafair acquisition

ExxonMobil commits $1.1 billion to Mozambique’s Rovuma LNG project

South African court blocks Shell’s Wild Coast exploration permit

South Africa’s CemAir moves to block Harith’s FlySafair acquisition

Nigerian billionaire Femi Otedola boosts stake in FirstHoldCo with shares worth $15 million

ReconAfrica flows gas at Namibia discovery, advances 1,000-metre horizontal test

ExxonMobil commits $1.1 billion to Mozambique’s Rovuma LNG project

South African court blocks Shell’s Wild Coast exploration permit

South Africa’s CemAir moves to block Harith’s FlySafair acquisition

ExxonMobil commits $1.1 billion to Mozambique’s Rovuma LNG project

South African court blocks Shell’s Wild Coast exploration permit

South Africa’s CemAir moves to block Harith’s FlySafair acquisition

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