european-parliament

Zanzibar eyes resources, ICT sectors to diversify economy away from tourism

Zanzibar has put 12 new oil and gas exploration blocks up for grabs, which in line with President Hussein Mwinyi’s $2.4 billion plan to entice shipping, oil exploration, and seaweed processing while fostering the “blue” economy, as the East African country is looking to explore other economic options outside of tourism Suleiman Masoud Makame, Zanzibar’s […]

Ghana’s 7 December election: economic hardship to be main issue for voters

As many as 18 million Ghanaians are expected to cast their vote on 7 December to elect the country’s new president with concerns about inflation, unemployment and debt high on their priority list. Despite a tight race for the presidency, which will be contested between vice president Mahamudu Bawumia and former president John Mahama, analysts […]

Libya: Oil & gas Minister rubbishes Western proposals to set up international mechanism to manage Libyan oil revenues

Libya’s oil and gas Minister Mohammed Aoun has criticized western proposals to create an international mechanism to manage the country’s oil revenues amid rivalries between the ousted government of Prime Minister Abdul Hamid Dbeibeh and incoming Premier Fathi Bashagha. Aoun, who is under Dbeibeh’s leadership, made the remarks in an interview with Asharq Al-Awsat newspaper. […]