Israeli-jets

Europe rushes to Africa for gas alternatives as dependence on Russian gas dims

Several European countries are increasingly turning to the African continent for gas supply as best alternative to the Russian gas as western countries look to reduce and end dependence on Moscow. Since the start of the Russia-Ukraine war in February this year, tensions built up between Russian President Vladimir Putin and European countries. The Russian […]

France-Africa: Société Générale pulls out of four African countries

Paris-based multinational financial services company, Société Générale, also known as SocGen, has withdrawn from four African countries, namely Chad, Congo, Equatorial Guinea, and Mauritania. The company announced this Thursday that it has signed agreements with two pan-African banking groups for the sale of its subsidiaries in the four African countries. The company has not disclosed […]

Egypt: 3month successful stock market gains ends

Stock markets in Egypt suffered another major loss with fingers pointing at different reasons after a successful 3month recording of gains. The main index slide by 3,5% but the Egyptian pound rose against the US dollar. Investors are skeptical about Egypt’s future especially with the fast approaching May presidential elections coupled with the continuous violence […]