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A significant reduction in maritime traffic through the Suez Canal has been recorded, with figures showing a nearly 50 percent drop in the first quarter of 2025, according to statements made on Wednesday, April 16, by Suez Canal Authority (SCA), Chairman Osama Rabie. The decline has been attributed primarily to ongoing security threats in the […]
Mozambique: massive jailbreak sees 1,500 inmates escape amid post-election violence
Over 1,500 inmates escaped during a riot in the high-security Machava prison near in Mozambique’s capital Maputo that left 33 people dead and 15 injured on Wednesday (25 December), according to police general commander Bernardino Rafael. About 1,534 people escaped during the massive prison break, of whom about one tenth have since been recaptured. The […]
Mali’s Yara Oil in talks with IFC for €20.7m loan
Mali’s leading energy supplier and distributor “Yara Oil” is in advanced talks with the World Bank’s private sector financer, the International Finance Corporation (IFC), for a loan of €20.7 million earmarked to finance its domestic expansion plan, “Sika Finance” reports. Per the expansion plan, the company founded in 1983, will start 10 new distribution stations […]



