Egypt and Nigeria have reiterated their determination to boost trade between them during the first edition of the Nigeria-Egypt Forum held in Abuja. Both countries were dissatisfied with the level of trade between them and new plans are underway to surpass their $150 million trade volume. Egypt’s ambassador to Nigeria, Ashraf Salama, said they should […]
The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans to convert an extra $3 billion into three-year bonds. The monies were provided by Qatar as deposits to the bank as part of its efforts to help Egypt overcome its crisis […]
Energy companies are all trying to get a share of Algeria’s oil and gas reserves as the country tries to boost its production capacity. The latest company to join the energy companies in Algeria is Dragon Oil Company based in the Emirates. It is an international oil and gas exploration, development and production company. The […]
