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  • OPEC+ raises oil output quotas for ‘stability’ after shock UAE pull-out

    OPEC+ raises oil output quotas for ‘stability’ after shock UAE pull-out

    Seven OPEC+ countries including Russia and Saudia Arabia increased their oil production quotas on Sunday, the organisation said. Analysts say the decision is aimed at projecting stability following the United Arab Emirates’ sudden departure from the bloc effective Friday. Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in […]

  • Iran says it is reviewing US response to 14-point plan delivered via Pakistan

    Iran says it is reviewing US response to 14-point plan delivered via Pakistan

    Iran confirmed on Sunday that the United States has delivered its response to Tehran’s proposed 14-point plan through Pakistani mediators, and that the Islamic Republic is currently reviewing the document. “The Americans have given their answer to Iran’s 14-point plan to the Pakistani side, and we are currently reviewing it,” Foreign Ministry Spokesman Esmaeil Baghaei […]

  • Yaoundé: British Firm PROPAV explores road construction opportunities

    Yaoundé: British Firm PROPAV explores road construction opportunities

    PROPAV Infrastructure Ltd has completed an exploratory visit to Cameroon, where Paula Miguel Priego, the company’s head of financial structuring and institutional relations, met government officials to discuss road and urban development projects. At the Ministry of Public Works, Priego discussed plans to develop the 107-km Bekoko–Limbé–Idenau corridor in the Southwest Region. The project also […]

  • Ecobank Cameroun posts record 2025 profit, up 30% to 27.29 bln CFA francs

    Ecobank Cameroun posts record 2025 profit, up 30% to 27.29 bln CFA francs

    Ecobank Cameroun reported a record net profit of 27.292 billion CFA francs for fiscal year 2025, up 30% from 21.05 billion a year earlier. The bank announced the results after its annual general meeting held on April 30, 2026, in Douala. According to the bank, earnings exceeded budget forecasts by 34%. The figures are subject […]

  • US to pull 5,000 troops from Germany as rift over Iran war widens

    US to pull 5,000 troops from Germany as rift over Iran war widens

    NATO said on Saturday it was working with the United States to understand Washington’s decision to withdraw 5,000 troops from Germany as a rift in transatlantic ties deepens over the US-Israeli war against Iran. The Pentagon’s announcement of the troop withdrawal follows a spat between US President Donald Trump and German Chancellor Friedrich Merz, who […]

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