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Egypt to Earmark $9 bln to Revamp Refineries
Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]
Africa’s infrastructure investment has recovered, but is unevenly distributed
Commitments for Private Participation in Infrastructure (PPI) across 263 projects in Africa were worth $91.7 billion in 2022, a 23% increase from 2021, according to the World Bank’s latest data projection on investments, which demonstrates that infrastructure investments in low- and middle-income countries have started to recover. But in terms of “the total number of […]
COVID-19 continues to spread in Africa with 6555 cases & 244 deaths Thursday
African countries have so far recorded 6555 confirmed coronavirus cases and 244 deaths, according to the covid-19-africa.sen.ovh website. According to the latest tally, the breakdown remains fluid as many countries across the continent imposed a range of prevention and containment measures against the spread of the pandemic. According to the Center for Disease […]



