Nigeria’s oil regulator (NUPRC) reached a deal with producers to ensure steady supply of crude to local oil refineries, a move that would help the country cut dependence on imported fuel. Africa’s richest oil country imports most of its refined oil needs partly due to oil majors demanding excessive premiums or saying they had no […]
Africa’s cultural and natural heritage gained significant recognition at UNESCO’s 47th World Heritage Committee session in Paris, with five new sites inscribed and three historically threatened locations successfully removed from the danger list after decades of conservation efforts. The rescued sites demonstrate remarkable resilience through targeted interventions. Madagascar’s Atsinanana Rainforests, endangered since 2010, achieved restoration […]
The Egyptian government has obtained a German financial support for three power projects to be carried out under the supervision of German group Siemens, through their local partners Orascom Construction and El-Sewedy Electric. The three projects will cost $ 6.3 billion lent by Deutsche Bank, HSBC Germany and German Bank of Reconstruction (KfW). The loan […]
