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Egypt Air to be restructured after almost $1bn loss

State-owned aviation company, Egypt Air Holding, will be undergoing a radical restructuring after it lost almost one billion dollar within 4 years. Sabre Airline Solutions, an airline advisory firm in Texas, has been contracted to help the company get back to its heydays. The plan is expected to last for five and half years. Egypt […]

Nigeria to plant 25 million trees to absorb CO² – Buhari to UN

Nigerian President Muhammadu Buhari on Tuesday announced a massive reforestation plan, planting 25 million trees in Africa’s most populous nation. Buhari who was speaking at the UN Climate Summit in New York, explained that the objective of this reforestation is to increase the carbon sink in the country. This initiative will also respond to the […]

Russia’s agri exports to Africa surge in 2024, boosting Kremlin’s influence

Russia significantly boosted its agricultural exports to Africa in 2024 by 19%, reflecting the country’s growing economic influence across the continent amid the continuing war in Ukraine. During the previous fiscal year, Russia’s agricultural exports to Africa surpassed $7 billion, according to a statement released by the Agricultural Export Center (Agroexport), with Egypt, Algeria, and […]