Remarkable Growth in Egypt’s Islamic Banking Sector in 2024
In 2024, Egypt's Islamic banking sector achieved a 68% growth to reach LE 1.14 trillion, accounting for 5% of the...
Companies
Karoon Energy Ltd to Acquire FPSO for Baúna Project in Brazil
Karoon Energy Ltd is acquiring the Cidade de Itajaí FPSO for its Baúna Project in Brazil, with a transaction value...
Zimbabwe Pursues Nuclear Power Alongside Other African Nations
Zimbabwe is set to advance its nuclear power capabilities with support from the IAEA and potentially Russia to address its...
Genneia Launches 90MW Solar PV Plant in Mendoza, Argentina
Genneia has launched the 90MW Parque Solar Malargüe I in Mendoza, its fourth solar PV project in Argentina, with an...
Kenya’s Bond Buyback Significantly Mitigates Refinance Risks According to Moody’s
Kenya's bond buyback has reduced medium-term refinance risks, according to Moody's. The government issued a $1.5 billion Eurobond to finance...
Ghana Suspends Gold-for-Oil Program Amid Focus on Currency Stability
Ghana has suspended the Gold-for-Oil program following challenges reported by the new central bank governor, Dr. Johnson Asiama. This initiative,...
Robex Resources Concludes Significant Convention with Mali Government
Robex Resources Inc. has completed a convention with the Mali government, granting it a 20% stake in Nampala SA. The...
Customer Discontent Over New ATM Fees as Nigerian Banks Implement CBN Directive
Nigerian banks have begun enforcing new ATM transaction fees mandated by the Central Bank of Nigeria, leading to customer dissatisfaction,...
Lebanon and Iraq Reach New Oil Import Agreement Amid Financial Strain
Lebanon has secured a new oil deal with Iraq, transitioning from fuel oil to crude oil imports amid a financial...
Chevrolet Launches Vintage Car Restoration Initiative in Brazil
Chevrolet is launching a Vintage Car Restoration Program in Brazil, offering in-house restorations and restomods for classic Chevys. This initiative...
