Egypt is expanding in building seawater desalination plants to face the water stress caused by climate change, said Deputy Minister of Housing Sayed Ismail in a meeting with the world …
Economy
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Nigerian government launches policy to aid agricultural development
The Federal Government of Nigeria has inaugurated a six-year national agricultural technology and innovation policy (NATIP) from 2022 to 2027 to enhance agribusiness in the country. This document was inaugurated by the …
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UK energy bill to rise by 80% in October as regulators announces hike
Britain’s energy regulator announced Friday it will raise its main cap on consumer energy bills to an of average £3,549 ($4,197) from £1,971 a year. The new cap will be …
Nigeria’s gross domestic product (GDP) grew by 3.54 percent year-on-year in real terms in the second quarter of 2022. The development is an improvement from the 3.11 percent growth recorded …
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Central bank of Egypt cancels maximum deposit limits, increases cash withdrawals to LE 150,000.
The Central Bank of Egypt (CBE) on Thursday canceled the maximum limits for deposit operations for individuals and companies in bank branches and automated teller machines (ATMs). The CBE also …
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IMF welcomes Egypt’s social protection program
The International Monetary Fund (IMF) welcomes the government’s social protection programs and does not force the state to take measures that harm Egyptian citizens, affirmed Egypt’s Prime Minister Moustafa Madbouli …
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Transnet announces a deadlock in wage negotiation as strike continuous
Transnet announced on Friday a deadlock in wage negotiations, with two labor unions raising the prospect of a strike that could further cripple the state-owned logistics company and impact Africa’s …
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Ghana-India trade on the path to recovery after Covid-19 slowdown
Trade between Ghana and India is on the path of recovery after plummeting in 2020 as a result of the COVID-19 pandemic. After dropping by nearly a half from the …
Morocco’s reserves of wheat can sustain the country for six months, after being affected by this year’s diminished domestic output, Moulay Abdelkader El Alaoui, the President of the National Wheatmill Federation …
Morocco’s volume of domestic electric power generation has increased by 3.2% at the end of the first half of 2022. The increase follows 2.2% growth in the second quarter of …