Egypt: 19 Foreign Tourists Killed in Hot Air Balloon Crash

Nineteen foreign tourists from Britain, France, Japan, Hong-Kong, China and Hungary were killed in a hot air balloon crash that occurred Tuesday near the Egyptian city of Luxor The balloon was at 1,000ft (300 m) when it caught fire and plunged into fields west of the ancient city. This tragedy, the world’s worst ballooning accident, […]

Africa Energy Bank set up to reduce dependence on foreign funding for oil & gas projects

The African Petroleum Producers’ Organization (APPO) is putting the finishing touches to establish the Africa Energy Bank (AEB) that will offer alternative funding source for oil and gas projects on the continent after international financing institutions have started scaling back their funding, citing stringent conditions and environmental concerns. Speaking at a recent Nigeria International Energy […]

Côte d’Ivoire: Hamed Bakayoko appointed Prime Minister

The current Ivorian Minister of Defense was appointed head of government by President Alassane Ouattara on Thursday. He succeeds Amadou Gon Coulibaly, who died suddenly on July 8. Since the disappearance of Amadou Gon Coulibaly, Hamed Bakayoko was acting head of government. He now officially takes over the post of Prime Minister while keeping his […]