Eni_Morocco

Egypt: OCI’s Amsterdam relocation gets green light

Egypt’s Orascom Construction Industries (OCI) said shareholders had approved its offer to acquire its ordinary shares listed in Cairo in exchange for cash or OCI shares listed in Amsterdam. Shortly after the report, the company’s shares rose 1.7% to 267.86 Egyptian pounds at the close in the capital, the strongest since January 22nd. The stock […]

Global hunger declines, but Africa faces deepening food crises- UN Warns

Global hunger levels declined for the third consecutive year in 2024, but the United Nations has warned that food insecurity is worsening in Africa and the Middle East due to conflict, climate shocks, and economic instability. Approximately 673 million people- 8.2% of the global population- experienced hunger in 2024, down from 8.5% in 2023, according […]

US announces nearly $152 million humanitarian assistance for Sahel

The United States announced last week nearly $152 million in humanitarian assistance to respond to the humanitarian crisis in the Sahel region countries of Niger, Burkina Faso, Mauritania, and Mali. US Special Envoy to the Sahel Peter Pham announced the aid following a trip to West Africa, where he visited Mauritania and Niger. “More than […]