Oil price jumps despite deal to release record amount of reserves
It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
Tag: reserves
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Africa: Mahama to Lead Repatriation of Africa’s Foreign Reserves …Says Continent Trapped in Dependency
President John Dramani Mahama, the African Union champion of African financial Institutions, has hinted that he is leading advocacy for the repatriation of and investment of part of Africa’s “huge foreign reserves” in African Financial Institutions. According to him, most of these foreign reserves are by colonial construct held in Western financial institutions and, in…
U.S. seeks to tap Venezuela’s vast oil reserves after military strikes. Here’s what to know.
The U.S. strike on Venezuela has renewed focus on the country’s oil sector, which includes some of the richest crude reserves in the world. “We’re going to rebuild the oil infrastructure, which will cost billions of dollars, it will be paid for by the oil companies directly. And we’re going to get the oil flowing…
Case study: Conservation meets connectivity – how IOTDC supports smart nature reserves
LoRaWAN gateways are installed near key lodges with internet access. In remote conservation environments, infrastructure is sparse and wildlife is under constant threat. Having real-time, 24/7 visibility isn’t just a game-changer, it’s a must. As a South African-based IOT connectivity company, IOTDC delivers scalable, low-power solutions using innovative LoRaWAN technology. Through this, wildlife reserves can…