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...
Economy
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,...
Tunisia: Tourism revenue surges to $2.3bn
Tunisia's tourism revenue's have grown by a significant 7.8 percent in 2024, to $3.2bn, according to the MiddleEastMonitor on December...
IMF grants initial approval of $1.2bn fourth review to Egypt
The International Monetary Fund said on December 25th that it reached an agreement at staff-level with Egypt on the fourth...
Eastern Libyan government agrees to end fuel subsidies
Libya's eastern-based government said in a statement on December 26th that it had agreed to a proposal to end fuel...
Libya: Farmer’s radical experiment with top dates pays off
A Libyan farmer's experiment with growing premium dates seems to have paid off, in what could be a major revaluation...
Morocco cuts interest rates for second time this year
Morocco cut its interest rates for the second time in 2024, easing the cost of borrowing to encourage an investment...
Fires at Libya’s Zawiya refinery brought under control
Libya's National Oil Corporation (NOC) said in a statement on December 15th that fires that broke out in a number...
Egypt’s inflation falls to near two-year low in November
The annual urban consumer price inflation rate in Egypt dropped by 25.5% in November, according to data from statistics agency...
Morocco boasts record tourism figures for 2024
Morocco has seen record levels of tourism this year, with over 15.9 million visitors – a 20% increase from 2023,...
MPOX: Moroccan startup first to produce tests in Africa
A Moroccan company has produced the first African mpox tests, hoping to make the continent less dependent on medical imports,...
