investors-egypt

Moscow Supports Haftar’s Efforts to Restore Statehood in Libya

Russia Monday welcomed Khalifa Haftar’s efforts seeking the restauration of a central government in Libya, six years after the collapse of the Gaddafi regime. Russian foreign minister Sergey Lavrov told visiting Commander of Libyan National Army (LNA) Khalifa Haftar that Moscow stands on his side to flash out extremism. “Unfortunately, the situation in Libya remains […]

Sudan: Inflation eases nationally, soars in conflict-hit North Darfur, economic outlook remains grim

Sudan’s Central Bureau of Statistics has reported a modest easing in the country’s annual inflation rate, which stood at 142.82% in May, down slightly from the previous month. Urban inflation dipped marginally to 146.30%, while rural areas experienced a more pronounced drop to 141.84% from 163.73%. Although the national rate remains alarmingly high, the overall […]

MSMEs in Sub-Saharan Africa empowered by EU-funded projects

Some 174 Nigerian Micro Small and Medium Enterprises (MSMEs) have benefited from a European Union funded facility to produce high-quality Personal Protective Equipment (PPEs) and health-care related products. The MSME companies have been empowered after three years of implementing the EU-funded program which was launched in response to Covid-19 containment measures, aimed to strengthen the […]