Egyptian officials have renewed their efforts to draw back investors, especially in the energy sector, at an investment conference by paying the debts owed to foreign oil companies. Prime Minister Hazem el-Beblawi said that $1,5billion of the $6billion debt has been approved. The Egyptian economy is suffering from the political crisis which has driven away […]
British junior energy company Chariot Limited has taken control of Morocco’s Anchois gas field development, adopting a scaled-back, modular approach following Energean’s withdrawal, potentially unlocking 18 billion cubic meters of gas reserves crucial for national energy security. Announced July 8, 2025, Chariot’s takeover marks a strategic revival of the offshore field in the Lixus permit […]
The UK’s international institute Chatham House revealed that Angola is the African country that has borrowed the most from China in the last 20 years, to the tune of over $40 billion. Experts in Luanda differ on the relevance or threats of these loans. While some consider that this practice is bad for the country […]
