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Egypt: Renewable energy to supply 42% of energy mix by 2040
Egypt’s ambitious goals to have renewable energy accounting for over 42% of Egypt’s energy mix by 2040 were outlined during the BRICS Energy Ministers Conference held in Moscow this week. In an address before the conference, Minister of Electricity and Renewable Energy, Mahmoud Esmat, said Egypt also targets to capture 5-8% of the global green […]
African Nations launch alternative credit rating agency to challenge global giants
Africa is set to establish its own credit rating agency by June 2025, marking a significant shift in how the continent’s economies are evaluated. The Africa Credit Rating Agency (AfCRA) aims to provide more nuanced sovereign ratings by incorporating local contexts often overlooked by traditional agencies like Moody’s, Fitch, and Standard & Poor’s. This initiative […]
Panama Papers: Algiers Scolds Paris for “Hostile Campaign against President”
Relations between Algiers and Paris are seemingly turning sour few days after France’s top diplomat, Jean-Marc Ayrault was in Algiers to prepare the Algeria-France summit and two days before an official visit by French Premier Manuel Valls. On Wednesday, Algeria’s Minister of Foreign Affairs summoned French ambassador to Algiers to complain about French media “hostile […]



