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Shell acquires Nigeria’s Daystar to enter African renewable energy market
The acquisition of Nigeria-based Daystar Power by Shell is significant for the UK-headquartered oil giant, which has long been active in the continent’s hydrocarbons market, as it must look for new sources of growth as fossil fuels are phased out. Shell has acquired Daystar Power, a Nigeria-based provider of hybrid solar power solutions to commercial […]
Egypt: A secular party aims to defy odds despite criticism
Founders of the Egyptian Secular Party (ESP), a political party yet to be registered, have stated their objectives include limiting the role and influence of religious institutions in the nation’s affairs. The party has been heavily criticized for promoting such an agenda but party founder Hisham Ouf vowed that they will treat citizens equally regardless […]
Morocco resorts to foreign debt to boost forex reserves
The Moroccan parliament has adopted a decree allowing the government to resort to unlimited foreign borrowing in order to ensure enough international reserves to fuel the economy. Morocco’s trade balance has been chronically suffering from a trade deficit that has deepened in the first quarter this year due to falling exports as a consequence of […]



