Egypt is preparing to list stakes in several military-affiliated companies on the stock exchange, in a major step towards reducing state control and encouraging private sector participation in the economy. Prime Minister Mostafa Madbouly announced the move following the signing of an agreement between the Sovereign Fund of Egypt, the Armed Forces’ National Service Projects […]
One of al-Shabaab’s top commanders, Mohamed Mire, was killed in a drone strike in Somalia’s Lower Shabelle Region, the military group has said, blaming the United States for the killing. It comes as the US military confirmed on Thursday (26 December) it carried out an airstrike on 24 December in the south of the Horn […]
Shell will pay 15 million euros in compensation to Nigerian farmers for oil spills that severely polluted three villages in the Niger Delta, the oil giant has said in a statement. A court in The Netherlands ruled in 2021 that Shell’s Nigerian subsidiary was liable for damages resulting from the spills and ordered the oil […]
