Morocco-Extends-State-of-Emergency-Until-April 10

Confidence in the Egyptian real estate market

Emaar Misr has announced that it will be increasing its investments showing   confidence in the Egyptian real estate market which they expect “to recover very soon in the middle to long term.” The company will be having its total investment portfolio stand at EGP 53billion during the course of the year. Presenting their investment plans, […]

US coal exports to Africa on the rise

Exports of thermal coal from the US to Africa increased 60% in the first half of this year to 5.3 million tons, compared with 3.1 MMst in the same period in 2023, the International Energy Agency said. In the first half of 2024, U.S. exporters shipped virtually all (98%) of this thermal coal to Egypt […]

Nigeria struggles with gasoline shortage despite refinery investments

Nigeria’s underperforming refineries are not able to meet the rising demand on gasoline in the most populous African countries where queues are becoming longer in gas stations. The shortage sent prices skyrocketing which further erodes the purchasing power of most of the population as the prices of transport surge. The long waiting hours are causing […]