Dakhla-Atlantic port

Texas-based Apache Corporation contemplates investing $1.4 billion in Egypt in 2024

Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]

Libya: Peace talks scheduled for 5 January

U.N. Libyan envoy Bernadino Leon has informed the Security Council that rival factions in Libya have agreed, in principle, to peace talks scheduled for 5 January despite the ongoing battles between them. The talks will be centered on a cease-fire deal, a national unity government and a new constitution. Libya has two governments and parliaments […]

Africa emerges as prime destination for global private capital

In an era of profound global realignment, Africa stands at a transformational crossroads. The continent, with its burgeoning middle class, vast natural resources, and demographic dividend, represents an increasingly attractive frontier for international investors seeking diversification and enhanced returns. Recent geopolitical shifts have triggered a fundamental reconfiguration of global trade patterns and investment flows. These […]