In a sign of close cooperation between sanction-hit and military-run Sahel countries, Niger has agreed to supply Mali with cheap diesel to supply power plants. Under the deal, Niger would deliver 150 million liters of diesel to neighboring Mali to curb power outages, the Malian presidency said. Only half the Malian population have access to […]
After failing to honor its gas shipment promises to Spain, Alegria decided to halt works to expand the Medgaz pipeline to Spain vindicating the fears of Spanish gas importers and undermining its market share in the Spanish market. Algeria had promised Spain to expand the capacity of the Medgaz pipeline from 8 billion cubic meters […]
Egypt’s Monetary Policy Committee on Thursday, November 20, has opted to maintain all key interest rates, keeping the overnight deposit rate at 21 percent, lending at 22 percent, and the main operation and discount rates at 21.5 percent. The decision underscores a guarded policy posture as inflation risks remain elevated both at home and abroad. […]
