Bloomberg Sudan’s newly appointed oil minister urged international energy companies to speed up efforts to find and develop deposits in a country struggling to recover from US sanctions and a plunge in petroleum revenue. Officials from Schlumberger Ltd., an oilfield services company based in Houston, met with Oil and Mining Minister Adel Ali Ibrahim and expressed a readiness to resume …

Bloomberg Kenya is expanding its solar power, building two utility-scale projects that will supply green electricity to about 300,000 of the nation’s homes. The Radiant and Eldosol solar plants with a combined capacity of 80 megawatts will cost $147 million, the European Investment Bank said. The European trade bloc’s lender is co-funding the plants with Dutch bank Nederlandse FMO NV, …

Bloomberg China isn’t in a rush to add massive monetary stimulus, in contrast with other central banks around the world, and must maintain a prudent policy stance, central bank Governor Yi Gang said. Overall financial risks are contained and those in the shadow banking sector and some key institutions have been resolved, said Yi, speaking at a joint briefing in …