Billionaires amassing unprecedented wealth, says Oxfam
Billionaires are amassing unprecedented wealth, according to development organisation Oxfam in a report published on 20th January, with trillionaires expected...
Economy
Mozambique’s Ex-Finance Minister sentenced to 2 more years
Mozambique’s ex-finance minister sentenced to 2 more years in prison by a US court, following his involvement in the tuna...
Oxfam says wealth of billionaires soared in 2024
Advocacy group Oxfam said that the wealth of billionaires globally grew three times faster in 2024 than the previous year,...
Egypt’s account deficit increased, following Suez revenue plummet
Egypt’s account deficit has further increased to $5.9 billion in July-September 2024, compared to the $2.8 billion deficit in the...
Italy pledges €400m for Tunisia’s energy transition in new agreement
Italy and Tunisia have reached a €400m agreement to fund transition to green energy in Tunisia, as partnership grows between...
Italy pledges €400m for Tunisia’s green energy transition
Italy has pledged €400m to support Tunisia's green energy transition, as ties between Rome and it's Mediterranean neighbours continues to...
Head of Libya’s National Oil Corporation quits
Libya's state-owned National Oil Corporation (NOC) said in a statement on January 16th that company head Farhat Bengdara has resigned...
Libyan agency calls for pause in public sector appointments
The Libyan state agency mandated to oversee government performance has called for the halting of appointments and contracts in the...
Mali government seizes gold, Barrick operations suspended
The Mali government has seized gold from Canadian mining company Barrick Gold at the Loulo-Gounkoto complex, following disputes over revenue...
Egypt rushes towards solar energy amid surging gas prices
After a hot summer plagued by power cuts and growing discontentment, the Egyptian government is investing on solar energy in...
Currency upheaval in Sudan draws criticism from civilians and RSF
The army backed government has moved to introduce new bank notes in a venture to boost Sudan's currency, despite criticism...
Reduced inflation in Egypt from December
Rates of inflation in Egypt eased to 24.2% by December 2024 as high food prices continue to decrease, according to...
BRICS: Indonesia to become a fully-fledged member
Indonesia will become the newest fully-fledged member of the BRICS alliance in 2025, according to Reuters on January 7, 2025....
UAE overtakes China as Africa’s biggest foreign investor
The UAE is now Africa's biggest investor, in what is a major shift in foreign influence for the diverse continent....
Major progress in colony deal as Spain-Morocco relations bloom
Spain has announced major progress in negotiations with Morocco over customs operations at its North African colonies Ceuta and Melilla,...
