U.S. Sends Back $500 Million to Venezuela Under Oil Deal, Official Confirms
February 4, 2026
U.S. returns $500 million from Venezuelan oil sale, marking key step in agreement with Caracas.
U.S. returns $500 million from Venezuelan oil sale, marking key step in agreement with Caracas.
Dangote secures NNPC gas deals, powering refinery expansion, boosting exports, attracting global investors, and strengthening Nigeria’s energy-driven growth.
Algeria, with China and Tosyali, reopens Gara Djebilet mine; railway boosts exports, jobs, economic diversification.
IMF stabilizes economies during crises, while World Bank funds long-term development to reduce poverty worldwide.
BNR suspends Mobicash Rwanda for three months over regulatory non-compliance, citing persistent operational breaches.
Africa’s top reserves: Libya $92.9B, Algeria $83B, South Africa $65.4B; gold $5,000, economic lifelines.
British citizens can now visit China visa-free for 30 days, boosting business and tourism opportunities.
Rwanda’s Cabinet reviewed the carbon market fees structure, aiming to ensure transparency, prevent double counting of credits, and attract greater investment in climate finance.
China launched a month-long Spring Festival cultural and tourism campaign Thursday, featuring exhibitions, performances, travel promotions, and interactive events to enrich festive experiences nationwide.
South Africa considers up to 50% tariffs on Chinese, Indian vehicles to protect local industry.
