Gazoduc

Egypt: A secular party aims to defy odds despite criticism

Founders of the Egyptian Secular Party (ESP), a political party yet to be registered, have stated their objectives include limiting the role and influence of religious institutions in the nation’s affairs. The party has been heavily criticized for promoting such an agenda but party founder Hisham Ouf vowed that they will treat citizens equally regardless […]

Noble Energy makes oil discovery off Equatorial Guinea

Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the US company expecting to produce new oil by October, the oil minister said on Tuesday.   According to Gabriel Obiang Lima, minister of hydrocarbons and mines, the government is excited to announce the discovery, “which could not have come at […]

Egyptian state-run banks launch $63.5m fintech fund

Three Egyptian state-controlled banks will launch from next month a $63.5 million (EGP 1 billion) fintech fund to support start-ups in the fintech space and international outfits that want to establish in the Egyptian market, concerned banks have said in a statement. National Bank of Egypt, Banque Misr, and Banque du Caire are behind the […]