germany

Morocco’s ONCF Awards Alstom €130 Mln Contract For 30 Electric Locomotives

French train manufacturer Alstom has won a €130 Mln contract awarded by Moroccan National Railway Operator ONCF for the purchase of 30 electric Prima locomotives. The ONCF had launched in March 2017 an international tender for this project. Alstom pledges to ensure service and maintenance of the 30 Prima M4 locomotives after their delivery. The […]

Eastern Congo ceasefire collapses as m23 rebels maintain strategic positions

The fragile ceasefire between Congolese forces and Rwandan-backed rebels in eastern Congo deteriorated Monday as M23 fighters reneged on withdrawal commitments from the strategic town of Walikale while accusing the army of violating agreed terms. M23 spokesperson Lawrence Kanyuka claimed government forces failed to remove attack drones from the area, declaring this “a major obstacle […]

Egypt to invest $748.5M in drilling 46 new oil and gas wells

The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]