Egypt is leading in the European Bank for Reconstruction and Development’s (EBRD) 2023 investments in the southern and…
Category: North Africa
Morocco and Nigeria Plans African-Atlantic Gas Pipeline Project
Morocco and Nigeria have reopened discussions for the African-Atlantic Gas pipeline project. This is part of…
Egypt and BRICS Collaborate on Electricity and Renewable Energy
Mohamed Shaker, the Minister of Electricity and Renewable Energy and Vladimir Kazbekov, the Deputy Head of…
Critical Mineral Acquires 26 Exploration Permits from Morocco
Critical Mineral Resources has acquired 26 exploration permits prospective for copper, antimony, tungsten, lead/zinc and gold in central Morocco. The company has acquired…
Egypt to Set Up Green Data Centre
Egypt is preparing to establish a green data centre project. This project would harness about 200…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
Libya Discusses Gas Pipeline Proposal from Nigeria to Europe
Libya’s Prime Minister, Abdul Hamid Dbeibah, discussed the possibility of establishing a gas pipeline from Nigeria…
Egypt, ACWA Power Sign $1.5bn Wind Energy Agreement
Egyptian cabinet has stated that the country has signed an agreement for a 1.1 gigawatt wind…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…
IPR Energy Discovers Oil in Egypt
US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…