Oil and Gas Price Surge Puts Morocco’s Hedging Question Back on the Table

Rising global oil and butane gas prices, amplified by ongoing Middle East tensions, are once again forcing Morocco to confront a question it has long sidestepped: should the government and private operators use financial hedging instruments to shield consumers and public finances from commodity price volatility? Hedging — essentially a financial insurance mechanism — allows […]

Egypt Gets $87 million from OPIC to support Ras Gharib wind farm project

The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), has approved an $87 million loan to Lekela Egypt Wind Power BOO. According to local media, Lekela Egypt Wind Power BOO, a subsidiary of Lekela Power, an independent power producer (IPP) based in Amsterdam, Netherlands, will use the loan to develop the Ras […]

Nearly 50,000 Displaced in Sudan’s Blue Nile State Amid Escalating Clashes

Nearly 50,000 people have been displaced in Sudan’s Blue Nile State since the start of 2026 due to ongoing clashes involving the Sudanese Army, the Rapid Support Forces (RSF) and allied SPLM-N fighters, according to the International Organization for Migration (IOM). In a statement issued on Tuesday, 12 May 2026, the IOM said about 49,512 […]