Security Council

Egypt to launch construction of first bus powered by natural gas in 2022

Egypt is mulling plans to start manufacturing the country’s first bus powered by natural gas in 2022, Minister of Business Sector, Hisham Tawfik announced, according to Arab Finance. Some 70% of the local components of the buses will be manufactured to work with natural gas, Tawfik reportedly added. The busses will accommodate 14 to 50 […]

Is Morocco’s OCP mulling a new plant in Niger?

A delegation of Morocco’s phosphates and fertilizers producer OCP met officials in Niamey where they discussed possibilities for a fertilizers plant in the Sub-Saharan country, Niger’s state news agency reported. The meeting was part of Niger’s endeavors to seek partnerships to develop its agricultural sector, especially at a delicate international context marked by the disruption […]

Sweden strengthens African development through strategic capital markets investment

Sweden has joined the Netherlands and Luxembourg in making a significant contribution to Africa’s financial development, pledging 50 million Swedish crowns ($4.8 million) to the African Development Bank’s Capital Market Development Trust Fund (CMDTF). This investment, channeled through Sweden’s International Development Agency, aims to strengthen and integrate Africa’s regional financial markets. The initiative serves multiple […]