6 reasons to invest in Africa

The conversation about Africa is shifting from one of “deficits” and “gaps” to one about opportunities, prospects, ventures and creativity. That’s not news to...

Egypt is the First Vice-Chairperson of the WB Board of African Counties’ Governors

Following its significant role in coordinating the positions of developing states in the World Bank (WB) and the International Monetary Fund (IMF), Egypt was...

Eni and Sonatrach reached an agreement to cover 20% of the gas imported into...

Eni and Sonatrach, the Algerian Oil & Gas National company, reached an agreement for commercial terms in accordance with the relevant gas market to...

Nigeria’s 2019 Deadline to End Fuel Importation “doable”

The Nigerian National Petroleum Corporation has disclosed that the first batch of the three new gas power plants it plans to build in Abuja,...

Egypt’s economy drops to third place in Africa rankings

Bloomberg has rated the Egyptian economy third on the African continent, pushing it back from second place after just two months, basing its assessment...

Africa: Global Investments meeting opens in Kigali today

At least 1,000 delegates, including heads of governments, representatives of multilateral organisations and members of the private sector, today convene in Kigali for the...

MTN negotiates with Nigerian authorities over removing sanctions

According to the Nigerian Communications Commission (NCC), MTN Group Ltd. is in deliberations with Nigerian authorities over the removal of sanctions imposed for not...

Why Kenya?

By Doaa Hussein For the first time in the World Trade Organisation (WTO) history, the organisation's meeting of this year was held in an African country....

Ethiopian Diaspora Raises Millions Towards Dam Construction

The Ministry of Foreign Affairs in Ethiopia announced that the Ethiopian Diaspora Community in different parts of the world raised 2,101,000 USD to back...

Tanzania: Local companies defend Tanesco

Three local companies have added their voice on Tanzania Electric Supply Company (Tanesco) move to seek annulment of International Centre for Settlement of Investment...

Liberia: LEC to Test Second Generating Unit Today

Testing of the second generating unit of the Mt. Coffee Hydropower Plant in Harrisburg is set to begin today, Wednesday, February 1, a press...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...