A state audit in the Democratic Republic of Congo has uncovered a staggering $16.8 billion discrepancy in mining revenue declarations between 2018 and 2023, raising serious concerns about transparency and accountability in one of Africa’s richest resource nations. According to the Court of Auditors’ June report, mining companies declared $98.2 billion in revenue to tax […]
Egypt will inaugurate the first phase of the East Cairo Monorail on 9 November, marking a transformative step in Greater Cairo’s transport modernization agenda. Announced by Deputy Prime Minister and Minister of Industry and Transport, Kamel El-Wazir, during the second Cairo Forum, the project forms part of a broader national vision to enhance connectivity between […]
Morocco and Portugal are studying the possibility of an undersea power connection, which would be the second Europe-Africa link. The two countries have signed in this regard a feasibility study, which will cost $455 million. At present, Portugal exports its excess energy to its neighbor Spain, which then feeds into the European system via France. […]
