Wendell Roelf

Cape Town

Correspondent at Reuters

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Articles

Angola's Sonangol seeks $4.8bln to bridge Lobito refinery funding gap

2 weeks ago | zawya.com | Wendell Roelf

Cape Town: Angola's Sonangol is in talks with Chinese and European banks to overcome a $4.8 billion funding shortfall for its planned 200,000 barrel per day Lobito refinery, an executive with the state-owned oil company told Reuters. Angola is Sub-Saharan Africa's second-biggest crude oil exporter but imports around 80% of its refined products. It has launched a programme to build new refineries and revamp existing facilities to reverse the trend and become a net exporter.
US lawmakers move to block IMF Central Africa support over oil fund dispute

2 weeks ago | marketscreener.com | Bate Felix |Wendell Roelf

DAKAR (Reuters) -U.S. lawmakers have introduced legislation that could block International Monetary Fund support for some Central African countries, in an effort to guard billions of dollars that oil companies must set aside for environmental restoration. The bill highlights a standoff between foreign investors on one side and Central African monetary authorities trying to enforce tighter capital controls on extractive industries to shore up depleted reserves on the other.
United States legislators switch to impede IMF Central Africa help over oil fund battle

2 weeks ago | business-journal.in | Bate Felix |Wendell Roelf

By Bate Felix and Wendell Roelf DAKAR (Reuters) – united state legislators have really introduced regulation that may impede International Monetary Fund (IMF) help for some Central African nations, in an initiative to guard billions of dollars that oil corporations ought to allot for ecological remediation.
United States legislators switch to impede IMF Central Africa help over oil fund battle

2 weeks ago | indiadailymail.com | Bate Felix |Wendell Roelf

By Bate Felix and Wendell Roelf DAKAR (Reuters) – united state legislators have really offered regulation that may impede International Monetary Fund (IMF) help for some Central African nations, in an initiative to guard billions of greenbacks that oil corporations ought to allot for ecological remediation.
ZAR Recovers some Ground with Coalition's Future Focus

2 weeks ago | gurutrade.com | Sfundo Parakozov |Wendell Roelf |Alexander Winning |Alex Richardson

JOHANNESBURG, April 8 (Reuters) - South Africa's rand strengthened in early trade on Tuesday, recovering some of the ground it lost a day earlier, with the future of the country's multi-party government the main focus. At 0706 GMT, the rand traded at 19.44 against the dollar , 1% firmer on the day after falling about 2.7% on Monday.
Afreximbank sets aside $3bn to finance refined oil products in Africa

2 weeks ago | businesslive.co.za | Wendell Roelf

The African Export-Import Bank (Afreximbank), an investor in oil and gas projects, has earmarked $3bn to finance the purchase of refined products within Africa as part of broader plans to boost refining capacity, a senior executive said. Africa exports about 80% of its crude oil and 45% of the natural gas it produces, leaving the fast-growing continent heavily-reliant on imported refined products, according to the bank and analysts.
South Africa grants Eskom coal plants limited emissions exemptions

3 weeks ago | zawya.com | Wendell Roelf

South African coal-fired power stations have received limited exemptions from air quality laws and harmful emissions reduction regulations, the environment minister said on Monday, but he stressed that the measures did not constitute a "blanket reprieve". The retired coal-fired Komati Power Station, operated by Eskom, is seen near Komati village, in the Mpumalanga province in South Africa, 9 May 2024.
South African budget passes first test but path ahead still unclear

3 weeks ago | zone.my.na | Wendell Roelf

56 Minutes Ago South Africa's contested budget passed its first test in parliament on Tuesday, but its future path remained uncertain as the two biggest political parties in the ruling coalition government were yet to agree on a strategy. The biggest party, the African National Congress, secured the support it needed on parliament's Standing Committee on Finance with the help of a small party outside the coalition, ActionSA.
South African budget passes first test but path ahead still unclear

3 weeks ago | we.com.na | Windhoek Express |Wendell Roelf

1 Hour Ago - 2025-04-03 00:00:00 South Africa's contested budget passed its first test in parliament on Tuesday, but its future path remained uncertain as the two biggest political parties in the ruling coalition government were yet to agree on a strategy. The biggest party, the African National Congress, secured the support it needed on parliament's Standing Committee on Finance with the help of a small party outside the coalition, ActionSA.
South African budget passes first test but path ahead still unclear

3 weeks ago | az.com.na | Wendell Roelf

South Africa's contested budget passed its first test in parliament on Tuesday, but its future path remained uncertain as the two biggest political parties in the ruling coalition ... Wenn Sie ein aktiver Abonnent sind und der Artikel nicht angezeigt wird, Bitte melden Sie sich ab und wieder an. Kostenloser Zugriff auf Artikel ab 12:00 Uhr. Bitte beachten Sie: Um den Artikel zu lesen, geben Sie bitte unten Ihre Daten ein.