The Egyptian government has finalized the purchase of 20 shipments of Liquefied Natural Gas (LNG) worth approximately $907 million to meet the country’s domestic energy demands between October and December 2024, according to undisclosed sources cited by Reuters. The procurement, overseen by the Egyptian General Petroleum Corporation (EGPC), features a six-month deferred payment plan. This […]
Mali’s leading energy supplier and distributor “Yara Oil” is in advanced talks with the World Bank’s private sector financer, the International Finance Corporation (IFC), for a loan of €20.7 million earmarked to finance its domestic expansion plan, “Sika Finance” reports. Per the expansion plan, the company founded in 1983, will start 10 new distribution stations […]
Formally begun in 2007 by the African Union, the Sahel’s green wall which consisted in planting trees to fight desertification has been facing headwinds partly due to drought, conflict and lack of funding. The project is estimated to cost 36 billion dollars and be completed after 17 years from its launch but was hampered by […]
