algeria dinar

Djibouti launches first wind farm to increase domestic power output

Djibouti has inaugurated Red Sea Power, a wind farm project that will produce 60 MW electricity in a bid to reduce power shortage and increase domestic output by 50 per cent. President Ismail Omar Guelleh unveiled the project over the last week-end. Red Sea Power is located in Ghoubet, 120 km from capital Djibouti. The […]

Egypt to float military-owned firms as part of economic reform drive

Egypt is preparing to list stakes in several military-affiliated companies on the stock exchange, in a major step towards reducing state control and encouraging private sector participation in the economy. Prime Minister Mostafa Madbouly announced the move following the signing of an agreement between the Sovereign Fund of Egypt, the Armed Forces’ National Service Projects […]

Sudan Gold Exports Surge Past Q1 Total as Output Rises in April–May

Sudan’s Standards and Metrology Authority has reported a sharp rise in gold exports, with company shipments reaching 4.855 tons in April and May 2026—surpassing the 4.195 tons recorded in the entire first quarter of the year. The authority said its technical teams processed and inspected significant quantities of precious metals during the period, including 1.557 […]