Most Recent World News

Libya oil firm records highest revenues since 2013

Libya’s National Oil Cooperation (NOC) has recorded its highest annual oil trade revenues since 2013, peaking at $13.6 billion. “Despite ongoing challenges in the sector, combined product portfolio revenues bear.

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Turkey to start agricultural investment in Sudan

Turkey’s required agricultural crops will be produced in Sudan’s agricultural lands, which were reserved for Turkish entrepreneurs’ investment, Turkish agriculture and forestry minister said. Bekir Pakdemirli, the minister, will visit.

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Algeria does not need loans, should diversify economy: World Bank

Algeria, whose oil- and gas-dependent economy has suffered from sharp falls in the oil price since 2014, has enough money and does not need foreign loans, the World Bank vice-president.

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UK set to double trade volume with Nigeria – Envoy

The British High Commissioner to Nigeria, Mr. Paul Arkwright, has said the United Kingdom is poised to double the trade volume between the two countries which is currently put at.

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AfDB commits to support Equatorial Guinea’s agro industry plan

The African Development Bank group has committed to support Equatorial Guinea’s economic diversification into agro-industry and a program of capacity building to foster public policies. The commitment followed the Bank.

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World Bank launches $9 million infrastructure project in Somalia

The Federal Government of Somalia and the World Bank have launched the flagship infrastructure project in Somalia. The Somali Urban Resilience Project, SURP, worth $ 9 million, will be the.

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President Museveni to address nation tomorrow

President Museveni will tomorrow address the nation on the current uneasy political situation in the country. President Museveni who returns from China today where he had been attending the Forum.

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$26 bn of investment in Egypt free zones by July: minister

Total investment in Egypt’s capital-incentivising “free zones” reached US$26 billion by the end of July, according to Investment and International Cooperation Minister Sahar Nasr on Thursday. Nasr claimed that the.

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SUMMIT: African countries don’t think cooperation adds to debt, China says

African leaders attending this week’s summit with China don’t think that cooperation between the continent and Beijing has added to their debt burden, the Chinese government’s top diplomat said on.

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UAE-Ghana trade exchange hits $1.2bn in 2017

The trade exchange between the UAE and Ghana amounted to over $1.2 billion by the end of 2017, a media report said, quoting a senior Ministry of Economy official. “Afro-UAE.

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