Egypt is racing to secure alternative fuel supplies in a bid to prevent power outages after tensions between Iran and Israel disrupted natural gas flows. Egypt is seeking alternative fuel sources to mitigate power outages due to regional political tensions affecting gas supplies. A tender for importing up to one million tons of fuel oil…
Details
The Egyptian General Petroleum Corporation (EGPC) has announced a new oil and gas discovery in the Abu Sennan brownfield in Egypt’s Western Desert. The Egyptian General Petroleum Corporation announced a new oil and gas discovery in Abu Sennan, Western Desert, Egypt. Initial testing of the GPR-1X well revealed significant yields of oil and gas, with…
Details
Given the proximity of the Kenyan presidential elections, campaign banter between potential rivals has begun making rounds, including sentiments from the country’s current president, William Ruto. Kenya’s President William Ruto addresses opposition criticisms during a church event in Kivaywa Primary School. Ruto accuses opposition figures of tribalism and lacking actionable plans for Kenya’s future. He…
Details
Ghana’s cedi, which briefly held the title of Africa’s best-performing currency in early June 2025, has hit a major stumbling block amid surging demand for U.S. dollars and a sharp decline in physical dollar liquidity at local banks. Ghana’s cedi experienced a major reversal, losing gains made earlier in June 2025 Inflation rates in Ghana…
Details
Given the increase in the global average fuel price in June 2025, rising from $1.25 to $1.27 per liter), several African countries have followed suit as they continue to face high fuel costs. Business Insider Africa presents the 10 African countries with the highest fuel prices in June 2025. This list is courtesy of GlobalPetrolPrices.…
Details
The Middle East for the last few years has been no stranger to missile strikes, as tensions in the region continue to escalate with no real end in sight. The effects of these hostilities have unfortunately found their way into Africa, particularly countries located in the MENA region. Currently, Egypt is feeling the most heat…
Details
