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European Bank outlines its priorities in Egypt
The European Bank for Reconstruction and Development (EBRD) has placed a great deal of interest in the Egyptian private sector and with a total budget of €688m dedicated to investments in 30 projects in Egypt and other regional countries such as Morocco, Tunisia and Jordan. With nine projects over the past 18months, the bank has […]
Morocco to expand petroleum product storage capacity to 1.8 Million m³ by 2030
Morocco will expand its petroleum product storage to 1.8 million cubic meters by 2030, which would cover an additional 41 days of national consumption, Morocco’s Minister of Energy Transition and Sustainable Development Leila Benali said. Benali, speaking before the Upper House, explained that the investment cost of these projects is 5 billion dirhams, which is […]
Kenya faces diplomatic heat as Sudan’s paramilitary RSF plans to form parallel gov’t in Nairobi
Kenya is under increasing diplomatic scrutiny as Sudan’s paramilitary Rapid Support Forces (RSF) prepares to announce a parallel government on Kenyan soil, a move that the military-backed government in Khartoum condemned as “act of hostility” against the country’s sovereignty. The announcement of forming its own breakaway government was made by the paramilitary group, on Tuesday […]



