The World Bank offers a lifeline with a $208 million grant to address the social and economic consequences.

Egypt’s TMG unveils a $21 billion investment in SouthMED, a luxury tourism project with villas, marinas, and more.

In addition to emergency cash assistance, the funding will bolster existing social protection programs in Zambia

A survey reveals OPEC oil production rose in June, defying output cuts. Nigeria and Iran led the increase, while Iraq continued to exceed its quota.

Facing a potential summer power crisis, Egypt ramps up domestic gas production and secures LNG imports.

Ivory Coast plans to revise its mining code to increase government revenue from the growing gold sector, aiming to diversify its income beyond cocoa.

This major discovery of seven new deposits in eastern Saudi Arabia and the Empty Quarter strengthens the country’s energy future.

The maize will be supplied from four NFRA warehouses in southwestern Tanzania

Egyptians face a brutal summer with daily power outages adding to scorching temperatures.

The IMF predicts slower economic growth for Zimbabwe in 2024 due to a severe drought but anticipates a rebound in 2025.

Seeking to reduce emissions, Germany partners with Morocco to develop green hydrogen as a future energy source.

The drought, exacerbated by the El Niño climate phenomenon, has severely impacted crop yields and disrupted water and electricity supplies across southern Africa

The deal involves supplying 200,000 tonnes of red meat and 1 million tonnes of soybeans annually.

The IMF approved a $569.6 million disbursement for Zambia and increased its aid package to $1.7 billion to help the country combat a severe drought.

Climate activists worldwide protested at Chinese embassies, urging China not to finance a controversial oil pipeline project in East Africa.

South Africa and the EU clash at the WTO over new citrus import rules. South Africa claims the EU’s measures are unscientific and hurt their exports.

The move aims to stimulate economic growth, but a decline in farming output could lead to a slowdown.

Facing summer blackouts, Egypt plans to import $1.18 billion in fuel to restore power by July.

The council’s “Dollar Dominance Monitor” underscores that the dollar continues to dominate in foreign reserve holdings

Facing economic strain, Egypt secures a €1 billion lifeline from the European Union through a macro-financial assistance agreement.

The $1.3 billion restructuring agreement is a positive step, but challenges remain.

South Africa is looking to game meat as a sustainable protein source, aiming to boost the industry and create jobs.

The leak, discovered during routine operations on Monday, prompted Aiteo to halt production temporarily in the heavily affected Nembe area

Uganda is expanding its air travel network with a second international airport planned in the northeast.