By the AFREEQUE newsroom, based on Expansao
Tanzania plans to conclude a $42 billion deal in the coming months to develop a liquefied natural gas project led by Equinor and Shell. Finance Minister Khamis Mussa Omar told Reuters that the deal was close to being finalised, after several missed deadlines.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
Tanzania is close to finalising a 42-billion-dollar deal to develop a liquefied natural gas project led by Equinor and Shell. Negotiations are in their final phase and the project is set to develop 47.13 trillion cubic feet of reserves, Reuters reported, according to Mercado.
🇹🇿 Tanzania · Source: Mercado ·
Oil prices fell after the United States suspended sanctions targeting Russia, with Brent losing 1.77% to $107.92 a barrel. Washington also expects Russian diesel exports to reach 2.3 million barrels this month and then 7.6 million a month, according to Reuters.
🌍 World · Source: MyJoyOnline ·
The Rwakajunju water supply project in Tanzania’s Karagwe District is 79% complete and costs more than 63 billion shillings. It is scheduled to begin operating at the end of December and is expected to benefit more than 350,000 people, Deputy Minister for Water Mathew Kundo said.
🇹🇿 Tanzania · Source: HabariLeo ·
Nigeria’s Finance Minister, Taiwo Oyedele, says tax, monetary and economic reforms should raise the country’s growth to 7%. This ambition exceeds International Monetary Fund forecasts of 4.2% in 2026 and 4.3% in 2027, according to Punch.
🇳🇬 Nigeria · Source: Punch ·
Basketball: Dar City retains its title in Dar es SalaamDar City won the Dar es Salaam regional basketball championship for the third consecutive time, beating Stein Warriors 66-50 in the final game of the series. In the women’s tournament, Reel claimed its first title with an 81-54 victory over Tausi Royal, HabariLeo reports.
Somalia prepares livestock exports to IraqSomalia and Iraq have agreed to examine ways to increase trade, including by facilitating exports of Somali livestock to the Iraqi market, Somalia’s Ministry of Foreign Affairs announced. Ministers Abdisalam Abdi Ali and Fuad Hussein also discussed the agricultural and economic sectors during a meeting held on the sidelines of a meeting of the Organisation of Islamic Cooperation, according to the ministry.The week in Africa
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