The Prime Minister of Egypt, Mostafa Madbouly, has announced that the Egyptian government is making strong efforts to make sure there is enough energy, especially natural gas, to keep power …
Energy
-
EgyptELECTRICITYEnergySecurity
-
DevelopmentEgyptEnergyFinance & Services
Egypt Signs Major Deals to Boost Private Sector, Expand Green Energy
The Egyptian government has signed a series of big agreements with development partners and private companies to help grow its private sector and increase green energy production. The signing ceremony …
-
DevelopmentEconomyEgyptEnergyFinance & Services
Egypt Raises $15.6 Billion in Development Financing for Private Sector
Egypt has gotten a total of $15.6 billion in development financing from over 30 international organizations and donors to help grow its private sector. This financing covers a period from …
-
EnergyGhanaManufacturingPoliciesTransportation & Logisitics
Ghana Pushes Ahead with Electric Vehicle Production Plans
Ghana is positioning itself as a key player in Africa’s green transportation revolution, as the Ministry of Energy and Green Transition reaffirms its commitment to assembling combustion engine vehicles and …
-
AgricultureEconomyEnergyFinance & ServicesINVESTMENT
Malawi Taps into Global Commodity Shifts, but Risks Remain
Malawi is positioned to gain from recent movements in global commodity prices, but analysts warn that volatility in international markets still poses significant risks. This is according to the latest …
-
EconomyEnergyGOVERNMENTNigeriaOil & GasPolicies
Nigeria’s Oil Production Falls Again in May, Casting Doubts on 2mbpd Target
Efforts by the Federal Government to raise oil production above two million barrels per day have suffered another setback. Daily oil production fell again in May, dropping from 1.68 million …
-
BusinessFinance & ServicesMarketsNewsNigeriaOil & Gas
MRS Oil Eyes N3.95bn Profit After Tax in Q3 2025
MRS Oil Nigeria Plc says it expects to make a net profit after tax of N3.95 billion in the third quarter of 2025. The company made this disclosure in its …
-
EconomyEnergyEnvironmentFinance & ServicesInfrastructureTechnology
South Africa’s PIC Commits R656 Million to SA-H2 Fund
The Public Investment Corporation (PIC), which is South Africa’s state-owned asset manager, has committed a significant amount of money—R656 million—to the SA-H2 Fund. This fund is a blended finance project …
-
Banking, Finance & InvestmentEconomyEnergyGOVERNMENTInfrastructureInternational RelationsOil & Gas
Uganda Eyes 7% Economic Growth in 2025 as Oil Production Begins
Uganda’s Finance Minister, Matia Kasaija, says the country’s economy is expected to grow by at least 7% in the fiscal year starting July 2025. This optimistic projection comes at a …
-
AfricaBusinessEnergyINVESTMENTTechnology
Southern Palladium Raises R100m to Boost Bengwenyama Platinum Project
Shares in Australian junior mining company Southern Palladium experienced a significant increase of 33% on Thursday, following the announcement that the company had successfully raised approximately R100 million (A$8 million) …