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Egypt gets $12bn investment plan from BP and DEA
British Petroleum (BP) and Russian-owned DEA have agreed a partnership investment of $12 billion in Egyptian gas fields in the West Nile Delta with the hope of producing five trillion cubic feet of gas resources and 55 million barrels of condensates when the project is completed in 2017. The investment plan is being described as […]
‘Congo is not for sale’: activists call for new review of China mining deal citing ‘major losses’
Civil society groups in the Democratic Republic of Congo (DRC) are calling for a fresh review of the country’s mining agreement with Chinese companies, citing substantial financial losses and continued imbalances despite a 2024 renegotiation. The “Congo Is Not For Sale” coalition (CNPAV) claims that the revised deal, originally signed in 2008 by the then-president […]
Chinese Company Wins Contract to Build Africa’s Tallest Skyscraper in Rabat
State-owned giant China Railway Construction Corporation (CRCC) has won the contract to build Africa’s tallest skyscraper in Morocco’s capital Rabat. The Chinese company said in a statement that it will build the 250-meter-tall edifice in cooperation with Morocco’s largest contractor, The General Construction Company of Casablanca (TGCC). CRCC said it will take responsibility for 60% […]



