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Egypt, Eni ink oil exploration, exploitation deal worth $1bn

North Africa Post

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with the Italian giant energy group Eni for oil exploration and exploitation in the Gulf of Suez and Nile Delta regions worth $1 billion, Arab Finance reports, citing a statement by the Ministry of Petroleum and Mineral Resources. The deal signed by Minister of Petroleum […]
Africa Headlines International Morocco

ECOWAS Parliament inks “Laayoune Declaration” hailing royal leadership

North Africa Post

The Parliament of the Economic Community of West African States (ECOWAS) and the Moroccan House of Advisors (Parliament upper house) signed, on Wednesday, the “Laayoune Declaration”, praising the leadership shown by King Mohammed VI in tackling regional challenges. The document was inked by Speaker of the Upper House, Naama Mayara, and Speaker of ECOWAS Parliament, […]
Africa Emerging Markets Finance Headlines International

AfDB to hold Annual Meetings in Nairobi May 27-31

North Africa Post

The African Development Bank, AfDB, will hold its 59th annual meetings this year in Nairobi from May 27 to 31, the Abidjan-based lender has announced. Topics to be addressed include the lack of climate finance for African priorities and the high cost of capital to invest in sustainable infrastructure for green growth and a just […]