May 15, 2025

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Loans

Capex loans disbursal to states delayed amid change in norms – Economy News

  • May 14, 2025

To comply with changed norms for getting interest-free capex loans from the Centre in 2025-26, states will seek modalities of uploading project details in the Public Financial Management System (PFMS) portal. Lack of knowledge in this regard is hindering states from providing the required information, which may lead to a delay in getting funds for

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Investment

Africa’s Oil and Gas Investment to Hit $43 Billion in 2025

  • March 13, 2025

Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report. Longer term projections point to capital expenditure (capex) hitting a decade-high of $54 billion in 2030, thanks

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