Burundi President elect

Morocco aims to boost natural gas share to 30% of energy mix by 2030

Morocco is accelerating its transition to natural gas as a key pillar of its energy future, aiming to increase its share to 30% of the national energy mix by 2030. The government is deploying a multisector strategy based on heavy investments and public-private partnerships to reduce coal dependence while maintaining energy security. On April 23, […]

EU Approves about €5 billion worth of Economic, Political Assistance to Egypt

The European Union has agreed to extend Egypt nearly €5 billion economic and political assistance to help the country cope with the transition phase it is going through. The decision was made on Wednesday during the EU-Egypt Task Force, the largest-ever meeting between the European Union and Egypt. The economic and political assistance package will […]

Egypt in talks with five financial institutions to finance Aswan-Toshka railway project

Egypt is negotiating with five international financial institutions funding for planned Aswan-Toshka railway project linking the Arab republic to neighboring Sudan, reports say. The European Bank for Reconstruction and Development, European Investment Bank, World Bank, Asian Infrastructure Investment Bank, and Islamic Development Bank, Arab Finance reports citing Al Mal. The media did not disclose the […]