IMF

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 […]

Togo’s delayed legislative election underway after divisive constitutional reforms

Some 4.2 million eligible Togolese citizens vote in delayed and controversial legislative elections this Monday (29 April) to decide if President Faure Gnassingbe will extend his family’s decades-long grip on power. Voting got under way following approval of divisive constitutional reforms by the outgoing parliament that opponents have called a “constitutional coup” because of concerns […]

Libya: GNA’s Head Demands Lifting of Arm Embargo

Head of Libya’s Government of National Accord (GNA) urged the international community to lift the arm ban saying that fight against IS will be meaningless with the embargo still reinforced. Head of GNA Faiez Serraj who was attending an Arab League meeting Monday in Cairo blasted the UN-imposed restriction, saying that “it doesn’t make sense […]